Officina Stellare buys Mavel to add rare-earth-free motors
What's the deal? Officina Stellare has completed its acquisition of 100% of Mavel, an Italian company that designs and makes electrification systems and rare-earth-free electric motors for aerospace and defense. The deal value was undisclosed, though Officina Stellare described it as not significant.
What each side brings: Mavel supplies motors and electrification tech for avionics, underwater systems, and unmanned platforms, along with AI-based engineering tools. Analyst material puts its 2025 revenue at about €3 million and EBITDA at €1.2 million.
The terms: The closing followed approval under Italy's golden power rules and a capital increase reserved for Mavel's selling shareholder. That shareholder reinvested, taking a roughly 0.25% stake in Officina Stellare — about €2 million in newly issued shares.
Why now? The purchase follows Officina Stellare's June 2026 merger with Global Aerospace Technologies Group. Both moves are part of a push to build a wider aerospace and defense technology group.
What's the endgame? Officina Stellare said the deal will expand its "technological capabilities in electrification systems and rare-earth-free motors." The appeal is capability, not scale — Mavel is a small, profitable add-on rather than a transformative buy.
The signal: Rare-earth-free motors matter as supply-chain risk around rare-earth materials climbs. By folding Mavel's tech into a growing aerospace and defense group, Officina Stellare is betting adjacent capabilities count more than near-term revenue.
Read more: hk.marketscreener.com
Image credit: Generated with Gemini
