Recent #Italy news in the semiconductor industry
Argotec, an Italian space company, has unveiled the HAWK Plus, a modular platform for microsatellites up to 130kg. The platform allows payload integration at the final stage, enabling mission-specific customization. HAWK Plus aims to provide faster and more cost-effective missions for LEO and deep space exploration. Argotec has a history of working on deep space missions with NASA and is developing the technology further for Earth observation projects.
➀ STMicroelectronics is considering a 6% workforce reduction through early retirements and attrition;
➁ The cuts could affect up to 2000 to 3000 people out of a workforce of 50,000;
➂ The company is aiming to reduce its cost base and planning an early retirement programme, mainly affecting sites in Italy and France.