Officina Stellare completes acquisition of 100% of Mavel

• Officina Stellare completed its acquisition of 100% of Mavel on October 29, 2026.
• Mavel designs and manufactures electrification systems and rare-earth-free electric motors for aerospace and defense applications.
• The seller reinvested EUR 2 million through a capital increase, taking an approximately 0.25% post-money stake in the buyer.
• The acquisition expands the group's electrification capabilities and adds Mavel's proprietary artificial intelligence platforms for complex engineering design.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Officina Stellare S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 20161-38-2026_TELEBORSA.pdf), on October 29, 2026, and is solely responsible for the information contained therein.