The Itama 54 is a 16.44-metre open yacht whose first unit was launched in July 2025 at Ferretti Group's Marina di Ravenna production site. The model has a beam of 4.73 metres and a two-cabin lower deck.

Tommaso De Luca is credited with both exterior styling and interior design. The design introduces a double-cockpit arrangement, extensive hull glazing and a raked transom while retaining Itama's open-yacht identity.

The standard twin MAN i6-730 installation has estimated performance of 33 knots maximum and 28 knots cruising. Optional MAN i6-850 engines raise the estimated figures to 37 and 33 knots respectively. The builder currently labels technical data for this model as preliminary.