Modern renaissance
«Medium te mundi posui, ut circumspiceres inde comodiu quicquid est in mundo.
Nec te celestem neque terrenum neque mortalem neque immortalem fecimus, ut tui ipsius quasi arbitrarius honorariusque plastes et fictor, in quam malueris tute formam effingas»
«I have placed you at the very center of the world, so that from that vantage point you may with greater ease glance round about you on all that the world contains.
We have made you a creature neither of heaven nor of earth, neither mortal nor immortal, in order that you may, as the free and proud shaper of your own being, fashion yourself in the form you may prefer»
Pico della Mirandola,
Oratio De Hominis Dignitate, translation of A. Robert Caponigri, Henry Regnery Company, 1956
Group highlights
Key metrics
MAG's history at a glance
1995-2002 FOUNDATION OF FUTURE GROWTH
The basis for future growth was laid in the first stage, involving small acquisitions and equipping the group with tools and an organisation based on maturity models.
2003-2008 ACCELERATED INNOVATION
The common theme of the second stage was the scaling up of research and development as part of strategic partnerships, with the main aim of developing sound technological expertise and broadening the product range.
2009-2019 PORTFOLIO DIVERSIFICATION
The third stage was dedicated to commercial diversification in terms of customers as well as operating and geographical segments. The contracts won in this stage project MAG into the future with a growing competitive edge and make it less susceptible to cyclical factors
2020–2024 UNLEASHING MAG’S POTENTIAL
The stage that commenced with 2020 is the period over which MAG will achieve its organic growth potential, enabling it to scale up volumes.
2019/20 Remarkable Events
October 2019
Contract
Airbus H160 Stylence VIP Interiors SUPPLEMENTARY AGREEMENT
NBAA - Orlando - FL (USA)
Participation in trade show exhibiting all MAG products.
November 2019
Patent
New MAG patent for materials for interior soundproofing for "Aircraft with perfected fuselage"
Development
Start of designing and development of new light business jet landing system
December 2019
Certification
EASA DOA Vertex Aero
Contract
NH-500C aircraft support contract with Italy's Air Force Ministry of Defence
January 2020
HAI Heli Expo - Anaheim (USA)
Participation in trade show exhibiting all MAG products.
Contract
New lease contract Locazione nuova sede di Bensalem - Bucks County - PA (U.S.A.)
February 2020
Team
MAG joins Team invictus in developing the Bell 360 Invictus prototype for the U.S. Army
Contract
Extension of Woodward repair station license
March 2020
Contract
Reconditioning of Port Authorities' AB-412 HP line
Certification
MAG certified an authorised exporter under the South Korea FTA
April 2020
Contract
Bell-Textron contract for the design and devolpment of the FARA prototype
Vertex Aero
Sale of Vertex Aero S.r.L to VR-Technologies (Project DOA)
May 2020
Contract
PPP Loan (CARES Act) signed in Philadelphia (U.S.A.)
Certification
Initial certification of Leonardo M345 trainer landing system
June 2020
Certification
EASA Philadelphia Repair Station
Registration
MAG brand registered in the Russia Federation
July 2020
Development
Agreement develop the new MRLD for he Leonardo AW249
Certification
EASA certification of H160 with MAG's landing system
August 2020
Contract
Award Hanwha contract for FFC KUH Surion
New building
Completed at the Monteprandone (Ascoli Piceno, Italy) site
September 2020
Extension
Extension of the AW139 1,200 - flight hours certification
Contract
Contract for the AW139 1,200 hour reconditioning and upgrade
Shared value
Pragmatism and utopia
«(…) The term utopia is often the most convenient way to excuse what you do not have the urge, the ability or the courage to do.
A dream seems like a dream until you start working on it. And then it may become something infinitely bigger.»
Adriano Olivetti, 1955*
“Notizie Olivetti”, no. 26, April-May 1955, pp. 16-17, in Adriano Olivetti. Un umanesimo dei tempi moderni, Bruno Segre, Imprimatur, 2015.