It is the main commercial, industrial and agricultural centre of the Marsica area, with high-tech industries such as a LFoundry GmbH semi-conductor plant, and a large Telespazio satellite farm.
The agreement to build Göktürk-1 was signed on July 13, 2009 between the Ministry of National Defence and Telespazio, a Finmeccanica/Thales Group joint venture company, taking effect on July 19, 2009.