Officina Stellare Approves €2.0 Million Capital Increase for Mavel Acquisition

Officina Stellare S.p.A. has approved a capital increase of approximately €2.0 million to fund the acquisition of Mavel Srl, involving the issuance of 44,444 new shares at €45 each. The acquisition is expected to close on October 29, 2026, with MEH22 Srl, the selling shareholder, retaining about 0.3% of Officina Stellare's share capital post-transaction. This move aligns with Officina Stellare's growth strategy focused on rare-earth-free electric motors and electrification systems for aerospace and defense.