The new company was born from a partnership with G&A Engineering with the aim of enhancing its value proposition in innovation both in the defense and security and civil fields
Elettronica SpA has acquired 70% of EltHub, a newco set up by G&A Engineering Srl with the transfer of its strategic assets. The operation aims to strengthen its value proposition, already strongly oriented towards the Research and Development of innovative solutions in the Defense, Space, Security and Civil fields, and to face new challenges and new markets.
In the renewed corporate structure, EltHub has marco Giordano as General Manager and Amaury Choppin as members of the Board of Directors, as Chairman, and Lorenzo Benigni and Giorgia Pontetti, as members.
“For Elettronica – declares the CEO and Chairman Enzo Benigni – a company with 70 years of experience in the field of electromagnetic spectrum and with consolidated heritage of products in the cyber and homeland secuity field, the operation is part of the Tenet 2030 strategic plan, which will see it engaged in the next 10 years. In particular, in the strategic objectives of the company there are further innovation of products and services – including the integration of EW with the Cyber and Space domain – the expansion towards new geographies and the insertion of the company in new competitive markets, such as medical and critical infrastructure. In this sense, the acquisition also enhances the vocation for sustainability of the company’s value proposition”.
The contribution of G&A Engineering to EltHub concerns expertises and products, complementary to those of Electronics, in the Space, Defense, Automotive, Industrial and Electromedical sectors, together with specific expertise in applied research in the fields of microelectronics for space and military applications. The company’s wealth of expertise also includes the search for solutions in the civil, space and automotive sectors such as hydroponic greenhouses, food 3D printers, microsatellites for space experiments, cyber resilience systems, event recording systems and fleet command and control in the automotive sector. The company is also totally independent from the production point of view having among the assets available a mechanical workshop, a line for the construction and testing of electronic boards and a clean room certified with very high performance that reaches up to class 10 (ISO 4).
All these features give EltHub unique capabilities that will allow it to become a point of reference within the Electronics Group with the aim of:
- Further increase the Group’s propensity for Research and Innovation, through disruptive technological projects in the defence and security sectors, but also in civil and space
- Enhance technical and engineering skills in order to identify increasingly performing and distinctive solutions
- To give the Group an important rapid prototyping capability for new solutions and systems of new conception, consequently reducing time to market
- Diversifying reference markets
- To make a new and important push towards the social sustainability component of the value proposition of the Elettronica Group
Through this operation, therefore, Elettronica enriches the Group’s already solid skills in the Defence, Security and Cyber sectors with skills and products transversal to these areas, giving a further driving force to innovation and sustainability.