Italy — TXT Group has appointed Fabrizio Sillano as Head of Training Solutions AI & XR, reinforcing its commitment to advanced digital transformation technologies in high-tech and mission-critical sectors. This strategic role supports TXT’s expanding presence in aviation and defense training markets, particularly in the integration of artificial intelligence (AI) and extended reality (XR) into next-generation simulation and training platforms.

In July 2024 TXT, which is listed on the STAR Segment of the Electronic Stock Market organized and managed by Borsa Italiana S.p.A., announced that it exercised the option to purchase an additional 20% of the capital of ProSim Train ing Solutions (ProSim-TS), as a result of which TXT holds a majority stake in ProSim-TS amounting to 60% of its capital.

Hanne Koole, CEO and shareholder of ProSim-TS commented at the time “we have further strength ened our cooperation with our colleagues from TXT by them acquiring a second tranche of shares into ProSim. Over the past two years, they have significantly contributed to our growth both on the business side as well as technical capability, looking forward to con tinuing value creation and strengthen our positioning as leader in the Aerospace & Defence market”.

“An important step in our international growth plan that leads to the consolidation of our Smart Solutions portfolio” commented Daniele Misani, CEO of TXT Group, “We are creating an excellent team and a unique offering to increase our global presence in a market that has always been strategic for TXT”.

About TXT
TXT is an international IT Group, end-to-end provider of consultancy, software services and solutions, supporting the digital trans formation of customers’ products and core processes. With a proprietary software portfolio and deep expertise in vertical domains, TXT operates across different markets, with a growing footprint in Aerospace, Aviation, Defense, Industrial, Government and Fintech. TXT is headquartered in Milan and has subsidiaries in Italy, Germany, the United Kingdom, France, Switzerland, Canada, Singapore and the United States of America. The holding company TXT e-solutions S.p.A, has been listed on the Italian Stock Exchange, STAR segment (TXT.MI), since July 2000.

Source: Fabrizio Sillano (TXT Group)