Piaggio Aerospace

Savona, Italy Founded: 1884 • Age: 142 yrs Acquired By Baykar
Unmanned aircraft, aero-engines, and structural components are manufactured.

About Piaggio Aerospace

Piaggio Aerospace is a company based in Savona (Italy) founded in 1884 was acquired by Baykar in December 2024.. Piaggio Aerospace offers products and services including Avanti EVO, Unmanned Aerial Systems, Multi Role Patrol Aircraft, and Aerospace Engines. Piaggio Aerospace operates in a competitive market with competitors including Embraer, Aviation Industry Corporation of China, Leonardo, Sikorsky and Korea Aerospace Industries, among others.

  • Headquarter Savona, Italy
  • Sectors
    Aerospace, Defense & Maritime
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Piaggio Aero Industries S.P.A.
Operational Areas
Aerospace, Defense & Maritime → Defense Systems & Security Services
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $35.58 M (USD), Debt – Conventional

    Aug 18, 2020

  • Investors
    Mubadala

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Baykar

    & 1 more

    (Dec 27, 2024)

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Products & Services of Piaggio Aerospace

Piaggio Aerospace offers a comprehensive portfolio of products and services, including Avanti EVO, Unmanned Aerial Systems, Multi Role Patrol Aircraft, and Aerospace Engines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Turboprop aircraft for efficient business and passenger transport

Drones designed for surveillance and security operations

Aircraft for patrol and reconnaissance missions

Engines produced under license for various aviation applications

People of Piaggio Aerospace
Headcount 500-1000
Employee Profiles 1
Employee Profiles
People
Giulio di Negro
CFO And Member Of Executive Committee

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Teams

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Funding Insights of Piaggio Aerospace

  • Total Funding
  • Total Rounds 8
  • Last Round Debt – Conventional — $35.6M
  • First Round

    (01 May 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2020 Amount Debt – Conventional - Piaggio Aerospace Valuation

investors

May, 2020 Amount Grant - Piaggio Aerospace Valuation

investors

Jun, 2019 Amount Debt – Conventional - Piaggio Aerospace Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Piaggio Aerospace

Piaggio Aerospace has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Mubadala, Banca Ifis and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Banca Ifis is engaged in providing banking and financial services.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Sovereign wealth fund of United Arab Emirates
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Piaggio Aerospace

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Piaggio Aerospace

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Piaggio Aerospace Comparisons

Employees
+
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Competitors of Piaggio Aerospace

Piaggio Aerospace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Embraer, Aviation Industry Corporation of China, Leonardo, Sikorsky and Korea Aerospace Industries, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Manufacturer of commercial, military, executive, and agricultural aircraft
domain founded_year HQ Location
Provides aviation weaponry and civil aviation equipment to aerospace and defense industry
domain founded_year HQ Location
Helicopters, aircraft, and defense products are manufactured by Leonardo.
domain founded_year HQ Location
Aircraft and helicopters are manufactured for civilian and defense sectors.
domain founded_year HQ Location
Military aircraft and aerospace systems are manufactured by the company.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Piaggio Aerospace

Frequently Asked Questions about Piaggio Aerospace

When was Piaggio Aerospace founded?

Piaggio Aerospace was founded in 1884 and raised its 1st funding round 131 years after it was founded.

Where is Piaggio Aerospace located?

Piaggio Aerospace is headquartered in Savona, Italy. It is registered at Savona, Liguria, Italy.

Who is the current CEO of Piaggio Aerospace?

Renato Vaghi is the current CEO of Piaggio Aerospace.

What does Piaggio Aerospace do?

Piaggio Aerospace was founded in 1884 in Savona, Italy, where operations in the aerospace sector are centered. Unmanned aircraft, aero-engines, and structural components for aircraft are produced as core activities. The company is headquartered in Savona, with manufacturing focused on engineering and assembly processes. Leadership is provided by CEO Renato Vaghi, ensuring adherence to industry standards in aviation components.

Who are the top competitors of Piaggio Aerospace?

Piaggio Aerospace's top competitors include Aviation Industry Corporation of China, Embraer and Leonardo.

What products or services does Piaggio Aerospace offer?

Piaggio Aerospace offers Avanti EVO, Unmanned Aerial Systems, Multi Role Patrol Aircraft, and Aerospace Engines.

Who are Piaggio Aerospace's investors?

Piaggio Aerospace has 4 investors. Key investors include Mubadala, Banca Ifis, European Union, and Baykar.

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