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Civitanavi Systems

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uuid000b8zh

Namestring
Civitanavi Systems
Legal namestring
Civitanavi Systems S.p.A.
Websiteurl
civitanavi.com
Company typeenum
Private
Founded yearint
2012
Descriptiontext

Civitanavi Systems S.p.A. is an Italian company that designs, develops, manufactures, and services high-precision inertial navigation and stabilization systems, with a technology base centered on fiber-optic gyroscope (FOG) hardware. Its products include three-axis integrated FOG systems built for precision navigation in aerospace platforms, UAVs, marine vessels, and other autonomous systems, where resistance to electromagnetic interference is a key performance attribute. The company serves three overlapping vertical segments — Aerospace and Defense (primary), Autonomous Systems, and Industrial Navigation — supplying precision navigation sensors and PNT (positioning, navigation, and timing) solutions to OEMs and integrators.

The firm was founded in 2012, is headquartered in Civitanova Marche Alta, Italy, and operates with a headcount of 51–100 employees. Prior to March 2024, Civitanavi operated as a privately held Italian società per azioni with limited disclosed external funding (only a small €54,634 grant round from EISMEA in 2015 is recorded). In March 2024, Honeywell International Inc. acquired Civitanavi for approximately $231.44 million (€200 million), purchasing all share capital to strengthen Honeywell's autonomous aerospace operations and expand its European footprint. Following the transaction, Civitanavi operates as a wholly-owned subsidiary within Honeywell's aerospace division, and Honeywell's CEO has publicly stated the bolt-on is performing above the parent's internal return expectations and supporting margin expansion. No public pricing, distribution channels, or named end-customers are disclosed in the source material, and the company's go-to-market is best characterized as direct enterprise sales to aerospace, defense, and industrial OEMs.

Short descriptiontext

Civitanavi Systems is an Italian designer and manufacturer of high-precision fiber-optic gyroscope-based inertial navigation and stabilization systems for aerospace, defense, UAV, marine, and autonomous systems customers, now operating as a wholly-owned subsidiary of Honeywell International following its March 2024 acquisition.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersCivitanova Marche Alta, Italy
HQ citystring
Civitanova Marche Alta
HQ countrystring
Italy
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
inertial navigation systems, fiber optic gyroscopes, stabilization systems, aerospace navigation, position navigation timing
Industry2 codes
1Inertial Navigation Systems (INS/IMU)
CodeIMABAFABPrimaryYes
2Autonomous Flight Control & Guidance Systems (UAS/Urban Air Mobility)
CodeIMABAFAOPrimaryNo
NAICS code1 code
  • Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing334511
SIC code1 code
  • Search, Detection, Navagation, Guidance, Aeronautical Sys3812
Product category
Inertial Navigation Systems
Cost components4 values
Personnel, Technology or R&D, Supply Chain, Operations
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Civitanavi Systems designs, develops, manufactures and services high-precision inertial navigation and stabilization systems based on fiber-optic gyroscope (FOG) technology. Its products are used in aerospace and defense platforms, unmanned aerial vehicles (UAVs), marine navigation, and other autonomous or industrial navigation applications. The company also delivers positioning, navigation, and timing (PNT) solutions integrated into autonomous aerospace systems.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Expected to drive growth in PNT solution market projected to reach $2.6 billion by 2030
Product overview1 text field

Civitanavi Systems S.p.A. is an Italian company specializing in high-precision inertial navigation and stabilization technologies, including fiber-optic gyroscopes (FOG) for aerospace, defense, and industrial navigation applications. Following its acquisition by Honeywell International in March 2024, Civitanavi's inertial navigation and positioning, navigation, and timing (PNT) solutions were integrated into Honeywell's autonomous aerospace operations. The company produces precision navigation sensors and systems used in UAVs, aerospace platforms, marine navigation, and autonomous systems.

Product and service4 records
1High-Precision Inertial Navigation Systems
CategoryInertial Navigation Systems
Description

Inertial navigation systems and sensors designed for aerospace, defense, UAV, marine, and industrial applications requiring precision navigation.

2Three-Axis Integrated Fiber-Optic Gyroscope (FOG)
CategoryFiber-Optic Gyroscopes
Description

Three-axis integrated fiber-optic gyroscope systems designed for precision navigation in aerospace and autonomous systems, with resistance to electromagnetic interference.

3Stabilization Systems
CategoryStabilization Systems
Description

Advanced stabilization technologies for precision navigation in aerospace, UAV, marine, and autonomous platforms.

4Positioning, Navigation, and Timing (PNT) Solutions
CategoryPosition, Navigation and Timing Solutions
Description

PNT solutions integrated into Honeywell's autonomous aerospace operations following the March 2024 acquisition, serving the broader PNT solution market.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

L3Harris produces inertial measurement units, navigation systems, and guidance products for air, land, sea, and space applications. It is a directly comparable INS peer serving overlapping aerospace and defense customers.

TypeEmerging player
Description

VectorNav designs and manufactures high-performance inertial navigation systems and GPS/INS integrations primarily for unmanned and autonomous platforms. It overlaps with Civitanavi's autonomous systems segment at a smaller scale.

TypeDirect peer
Description

KVH Industries is a specialist manufacturer of FOG-based inertial navigation systems and tactical navigation products for defense and commercial markets. It is a direct small-cap peer with overlapping FOG technology.

TypeBroad incumbent
Description

Trimble is a broad incumbent in positioning, navigation, and timing with inertial, GNSS, and integrated PNT offerings spanning construction, agriculture, geospatial, and defense. It provides a comparable broader PNT technology stack, though it serves more commercial end markets than Civitanavi.

TypeDirect peer
Description

Northrop Grumman, through its LITEF subsidiary, manufactures fiber-optic and ring-laser gyro-based inertial navigation and reference systems for military and commercial aerospace. It directly competes with Civitanavi in high-precision INS for defense platforms.

TypeEmerging player
Description

Advanced Navigation is an Australian company producing high-precision inertial and GNSS navigation systems for aerospace, robotics, maritime, and defense customers. It is an emerging peer addressing similar autonomous and high-precision use cases.

TypeEmerging player
Description

SBG Systems is a French manufacturer of MEMS and FOG-based inertial navigation sensors and GNSS/INS solutions for land, marine, and aerial applications. It is an emerging peer with comparable product technology in adjacent verticals.

TypeDirect peer
Description

Exail is a European leader in fiber-optic gyroscope technology and high-performance inertial navigation systems for naval, land, and aerospace applications. It is one of the most direct technology peers to Civitanavi in FOG-based INS.

TypeDirect peer
Description

Safran's Sagem division is one of the largest European suppliers of high-precision inertial navigation and FOG-based systems for aerospace, defense, naval, and land platforms. It is the closest direct competitor to Civitanavi in FOG-based INS for mission-critical applications.

TypeBroad incumbent
Description

Honeywell is both Civitanavi's parent company and a major global supplier of inertial sensors and integrated navigation systems through its Aerospace division. It is a broad incumbent whose PNT portfolio overlaps directly with Civitanavi's offerings.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Civitanavi Systems

Inertial Navigation Systemscivitanavi.com

Civitanavi Systems is an Italian designer and manufacturer of high-precision fiber-optic gyroscope-based inertial navigation and stabilization systems for aerospace, defense, UAV, marine, and autonomous systems customers, now operating as a wholly-owned subsidiary of Honeywell International following its March 2024 acquisition.

What Civitanavi Systems does

Civitanavi Systems S.p.A. is an Italian company that designs, develops, manufactures, and services high-precision inertial navigation and stabilization systems, with a technology base centered on fiber-optic gyroscope (FOG) hardware. Its products include three-axis integrated FOG systems built for precision navigation in aerospace platforms, UAVs, marine vessels, and other autonomous systems, where resistance to electromagnetic interference is a key performance attribute. The company serves three overlapping vertical segments — Aerospace and Defense (primary), Autonomous Systems, and Industrial Navigation — supplying precision navigation sensors and PNT (positioning, navigation, and timing) solutions to OEMs and integrators.

The firm was founded in 2012, is headquartered in Civitanova Marche Alta, Italy, and operates with a headcount of 51–100 employees. Prior to March 2024, Civitanavi operated as a privately held Italian società per azioni with limited disclosed external funding (only a small €54,634 grant round from EISMEA in 2015 is recorded). In March 2024, Honeywell International Inc. acquired Civitanavi for approximately $231.44 million (€200 million), purchasing all share capital to strengthen Honeywell's autonomous aerospace operations and expand its European footprint. Following the transaction, Civitanavi operates as a wholly-owned subsidiary within Honeywell's aerospace division, and Honeywell's CEO has publicly stated the bolt-on is performing above the parent's internal return expectations and supporting margin expansion. No public pricing, distribution channels, or named end-customers are disclosed in the source material, and the company's go-to-market is best characterized as direct enterprise sales to aerospace, defense, and industrial OEMs.

Civitanavi Systems firmographics

Firmographics
Name
Civitanavi Systems
Legal name
Civitanavi Systems S.p.A.
Website
https://civitanavi.com
Company type
Private
Founded year
2012
Operating status
Acquired
Headcount range
51–100 employees
Short description
Civitanavi Systems is an Italian designer and manufacturer of high-precision fiber-optic gyroscope-based inertial navigation and stabilization systems for aerospace, defense, UAV, marine, and autonomous systems customers, now operating as a wholly-owned subsidiary of Honeywell International following its March 2024 acquisition.
Ownership category
akta.pro rank

Civitanavi Systems industry classification

Industry
Product category
Inertial Navigation Systems
NAICS
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)
SIC
Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)
akta.pro primary industry
Inertial Navigation Systems (INS/IMU) (IMABAFAB)
akta.pro secondary industry
Autonomous Flight Control & Guidance Systems (UAS/Urban Air Mobility) (IMABAFAO)

Keywords

  • Inertial navigation systems
  • Fiber optic gyroscopes
  • Stabilization systems
  • Aerospace navigation
  • Position navigation timing

Where Civitanavi Systems is headquartered

Location

Headquarters

HQ city
Civitanova Marche Alta
HQ country
Italy
HQ region
Europe

Markets served

Civitanavi Systems business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Technology or R&D, Supply Chain, Operations

Civitanavi Systems product offering

Product offering

Core offering

Civitanavi Systems designs, develops, manufactures and services high-precision inertial navigation and stabilization systems based on fiber-optic gyroscope (FOG) technology. Its products are used in aerospace and defense platforms, unmanned aerial vehicles (UAVs), marine navigation, and other autonomous or industrial navigation applications. The company also delivers positioning, navigation, and timing (PNT) solutions integrated into autonomous aerospace systems.

Product overview

Civitanavi Systems S.p.A. is an Italian company specializing in high-precision inertial navigation and stabilization technologies, including fiber-optic gyroscopes (FOG) for aerospace, defense, and industrial navigation applications. Following its acquisition by Honeywell International in March 2024, Civitanavi's inertial navigation and positioning, navigation, and timing (PNT) solutions were integrated into Honeywell's autonomous aerospace operations. The company produces precision navigation sensors and systems used in UAVs, aerospace platforms, marine navigation, and autonomous systems.

Differentiator

Problem solved

Functional benefit

Products and services

  • High-Precision Inertial Navigation Systems Inertial navigation systems and sensors designed for aerospace, defense, UAV, marine, and industrial applications requiring precision navigation.
  • Three-Axis Integrated Fiber-Optic Gyroscope (FOG) Three-axis integrated fiber-optic gyroscope systems designed for precision navigation in aerospace and autonomous systems, with resistance to electromagnetic interference.
  • Stabilization Systems Advanced stabilization technologies for precision navigation in aerospace, UAV, marine, and autonomous platforms.
  • Positioning, Navigation, and Timing (PNT) Solutions PNT solutions integrated into Honeywell's autonomous aerospace operations following the March 2024 acquisition, serving the broader PNT solution market.

Quantifiable outcome

  • Expected to drive growth in PNT solution market projected to reach $2.6 billion by 2030

Companies that use Civitanavi Systems

Customer profile

Segments3 records

Ideal customer profiles2 records

Civitanavi Systems technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Civitanavi Systems partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Civitanavi Systems competitors and assessment

Company assessment

Direct peers

  • L3Harris Technologies: L3Harris produces inertial measurement units, navigation systems, and guidance products for air, land, sea, and space applications. It is a directly comparable INS peer serving overlapping aerospace and defense customers.
  • KVH Industries: KVH Industries is a specialist manufacturer of FOG-based inertial navigation systems and tactical navigation products for defense and commercial markets. It is a direct small-cap peer with overlapping FOG technology.
  • Northrop Grumman: Northrop Grumman, through its LITEF subsidiary, manufactures fiber-optic and ring-laser gyro-based inertial navigation and reference systems for military and commercial aerospace. It directly competes with Civitanavi in high-precision INS for defense platforms.
  • Exail (formerly iXblue): Exail is a European leader in fiber-optic gyroscope technology and high-performance inertial navigation systems for naval, land, and aerospace applications. It is one of the most direct technology peers to Civitanavi in FOG-based INS.
  • Safran: Safran's Sagem division is one of the largest European suppliers of high-precision inertial navigation and FOG-based systems for aerospace, defense, naval, and land platforms. It is the closest direct competitor to Civitanavi in FOG-based INS for mission-critical applications.

Emerging players

  • VectorNav Technologies: VectorNav designs and manufactures high-performance inertial navigation systems and GPS/INS integrations primarily for unmanned and autonomous platforms. It overlaps with Civitanavi's autonomous systems segment at a smaller scale.
  • Advanced Navigation: Advanced Navigation is an Australian company producing high-precision inertial and GNSS navigation systems for aerospace, robotics, maritime, and defense customers. It is an emerging peer addressing similar autonomous and high-precision use cases.
  • SBG Systems: SBG Systems is a French manufacturer of MEMS and FOG-based inertial navigation sensors and GNSS/INS solutions for land, marine, and aerial applications. It is an emerging peer with comparable product technology in adjacent verticals.

Broad incumbents

  • Trimble: Trimble is a broad incumbent in positioning, navigation, and timing with inertial, GNSS, and integrated PNT offerings spanning construction, agriculture, geospatial, and defense. It provides a comparable broader PNT technology stack, though it serves more commercial end markets than Civitanavi.
  • Honeywell International: Honeywell is both Civitanavi's parent company and a major global supplier of inertial sensors and integrated navigation systems through its Aerospace division. It is a broad incumbent whose PNT portfolio overlaps directly with Civitanavi's offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Civitanavi Systems social profiles

Digital presence

Civitanavi Systems financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Civitanavi Systems leadership team

Management profile

Number of profiles

Profiles2 records

Civitanavi Systems funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Civitanavi Systems M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Civitanavi Systems

What does Civitanavi Systems do?

Civitanavi Systems designs, develops, manufactures and services high-precision inertial navigation and stabilization systems based on fiber-optic gyroscope (FOG) technology. Its products are used in aerospace and defense platforms, unmanned aerial vehicles (UAVs), marine navigation, and other autonomous or industrial navigation applications. The company also delivers positioning, navigation, and timing (PNT) solutions integrated into autonomous aerospace systems.

Is Civitanavi Systems a public or private company?

Civitanavi Systems is a private company. It is classified as corporate owned and is currently acquired.

When was Civitanavi Systems founded?

Civitanavi Systems was founded in 2012. It employs 51 to 100 people.

Where is Civitanavi Systems based?

Civitanavi Systems is headquartered in Civitanova Marche Alta, Italy, in the Europe region.

Who are Civitanavi Systems's main competitors?

Direct peers on record are L3Harris Technologies, KVH Industries, Northrop Grumman, Exail (formerly iXblue) and Safran. Emerging players are VectorNav Technologies, Advanced Navigation and SBG Systems. Broad incumbents are Trimble and Honeywell International.

Does Civitanavi Systems have an API?

No public API is recorded for Civitanavi Systems.

What industry is Civitanavi Systems in?

Civitanavi Systems's product category is Inertial Navigation Systems. Its primary akta.pro industry code is IMABAFAB, Inertial Navigation Systems (INS/IMU), with a secondary code of IMABAFAO, Autonomous Flight Control & Guidance Systems (UAS/Urban Air Mobility). Its NAICS code is 334511 and its SIC code is 3812.

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Live signals
MilitaryaerospaceHoneywell expands European defense navigation business with Civitanavi systemsHoneywell Aerospace is expanding its European defense navigation business, driven by growing demand for Civitanavi Systems' inertial navigation technology that operates in GPS-denied environments. The Italian company, acquired by Honeywell in 2024, now supports defense programs across Ukraine, Poland, Italy, and the United Kingdom as European countries prioritize domestically manufactured defense equipment. The trend reflects broader NATO defense spending increases and growing interest in navigation systems resistant to electronic warfare.Defence Industry EuropeHoneywell launches European-built iTALIN 550 navigator for military vehicles operating beyond reliable satellite signalsHoneywell Aerospace has launched the International Tactical Advanced Land Inertial Navigator 550 (iTALIN 550), a European-built navigation system for military and commercial vehicles designed to operate when satellite signals are unavailable. Developed jointly with its Italian subsidiary Civitanavi Systems, the product serves as a drop-in replacement for the TALIN 500 and is free from U.S. export controls to facilitate international sales. Initial availability is scheduled for Q4 2026, with full-scale production expected in Q1 2027.BNNHoneywell Aero to develop more defence products for Europe outside U.S. export controlsHoneywell Aerospace is developing ITAR-free defense products for Europe, with 1,000 engineers in Poland and the Czech Republic tasked with the work. The company will announce a new ITAR-free product at the Farnborough Airshow later this month. International sales of its defense business rose to about 30% last year, up from 18% in 2020.FortunebusinessinsightsGyroscope Market Size, Share, Report & TrendsThe global gyroscope market was valued at USD 17.61 billion in 2025 and is projected to grow to USD 38.29 billion by 2034, reflecting a CAGR of 8.96% during the forecast period. North America held a 38.76% market share in 2025, while ring laser gyroscope technology dominated by segment share, and fiber optic gyroscopes are expected to record the highest growth rate due to their resistance to electromagnetic interference and adoption in UAVs and marine navigation. Key industry developments include Honeywell's announced acquisition of Civitanavi Systems for USD 226.5 million and EMCORE Corporation's acquisition of KVH Industries' FOG business for USD 55 million, both aimed at strengthening navigation capabilities in aerospace and defense sectors.openPR.comKey Strategic Developments and Emerging Changes Shaping the Position, Navigation, and Timing (PNT) Solution Market LandscapeThe PNT solution market is projected to grow to $2.6 billion by 2030, driven by a 10.7% CAGR, fueled by adoption in autonomous vehicles, telecommunications, and smart infrastructure. Honeywell International acquired Italy-based Civitanavi Systems in March 2024 for approximately €200 million to strengthen its PNT and inertial navigation capabilities and expand into Europe. Switzerland-based IoT provider Quectel Wireless Solutions also launched the LG580P module in March 2025, supporting multi-frequency GNSS bands for centimeter-level RTK positioning.openPR.comCompetitive Landscape: Key Market Leaders and New Entrants in the Space Sensors and Actuators IndustryIn March 2024, Honeywell International Inc. completed the acquisition of Civitanavi Systems S.p.A. by purchasing all its share capital for approximately $231.44 million (€200 million), strengthening Honeywell's autonomous aerospace operations and expanding its presence in Europe.openPR.comMarket Trend Analysis: The Impact of Recent Advances on the Rocket Autonomous Navigation MarketThe rocket autonomous navigation market is projected to grow to $4.76 billion by 2030, with a compound annual growth rate of 12.7%, driven by increasing demand for autonomous mission planning for reusable rockets and advances in navigation algorithms and sensor fusion systems. In March 2024, Honeywell International Inc. acquired Civitanavi Systems S.p.A., an Italian company specializing in high-precision inertial navigation and stabilization technologies, to strengthen Honeywell's autonomous operations capabilities in aerospace and industrial navigation. China-based iSpace launched the Xingji Guihang autonomous rocket recovery ship in August 2025, designed to autonomously track, approach, and recover rocket stages after launch without human intervention.GlobeNewswireSpace Sensors and Actuators Market Report 2026: $18.55 Bn Opportunities, Trends, Competitive Landscape, Strategies, and Forecasts, 2020-2025, 2025-2030F, 2035FResearchAndMarkets.com published a market report projecting the global space sensors and actuators market will grow from $8.47 billion in 2025 to $18.55 billion by 2030, driven by increased satellite deployments, government space investment, and AI-enabled sensing systems adoption. The report highlights that 259 satellite launches occurred in 2024 with global launch revenues reaching $9.3 billion, a 30% increase from 2023. Honeywell International acquired Civitanavi Systems S.p.A. in March 2024 for approximately $231.44 million to strengthen its autonomous aerospace navigation capabilities.HoneywellAutonomy Advances Define the Future of FlightHoneywell and Merlin Labs announced a collaboration to integrate Honeywell's Anthem flight deck with Merlin Pilot's AI-powered autonomy system for military aircraft. The partnership aims to retrofit existing platforms like the C-130J and KC-135 to enable reduced crew operations and eventually uncrewed flight, addressing global pilot shortages. This initiative builds on Honeywell's recent acquisition of Civitanavi and its broader strategy to expand autonomous flight capabilities across military and commercial sectors.BenzingaHoneywell Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's MoHoneywell International Inc. is expected to release its first quarter earnings on April 25, 2024, with projected earnings of $2.17 per share and revenue of $9.03 billion. This represents an increase from the previous year's earnings of $2.07 per share and revenue of $8.52 billion. Additionally, Honeywell has disclosed plans to acquire Civitanavi Systems S.p.A.