Aspen Avionics, an Albuquerque, N.M.-based firm, has a new investor: the Italian Aerospace Research Center. "They've become a sizable investor in Aspen, with a seat on our board," Aspen President and CEO John Uczekaj said. "It's a very big deal for us. It takes us to a whole new level." The partnership will help fund further Aspen product development and give the company a larger entry into the European general aviation market.

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