Incorporation of Italian Holding company in Italy


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In February 2019 Mondovolo incorporated 19-01 Holdings in Italy as the next step in creating the necessary organization to manage the different projects underway. 19-01 will act as the full operational organization for all the upcoming activities that will be required to create a full value chain for the aerial firefighting and rescue activities. This comfortably put the projects within the domain of the EU where the issue of wildfires and training are at the top of most of the government’s agendas.

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The Canadian fires have collectively burned more than 3.3 million hectares of land across the country - around 12 times more than the average over the last 10 years
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This aircraft is the central part of a complex structure of drones, ground station facilities and satcoms for an integrated fight against wildfires.
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Following a record-breaking forest fire season in Europe, the Commission is proposing today €170 million from the EU budget to reinforce its rescEU ground and aerial assets starting from the summer of 2023.