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

MODERN RENAISSANCE
A DIFFERENT PERCEPTION OF INTERDIPENDENCE
I PREFER TO REMEMBER THE FUTURE
EPIDEMICS AND ECONOMIC REBOUND
REPORTING ON AN INTENSE YEAR

Group highlights

Key metrics

Performance | amCharts

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.