Azerbaijan discloses revenues from Azerspace-1 (UPDATE)
Details added (first version posted on 11:38)
Baku, Azerbaijan, Nov. 16
By Huseyn Valiyev – Trend:
Revenues from Azerspace-1, Azerbaijan’s first satellite, amounted to $80 million, Rashad Nabiyev, head of Azercosmos OJSC, said at a meeting in the country’s National Academy of Sciences (ANAS) Nov. 16.
He said that the launch of Azerspace-2, the second geostationary satellite, is scheduled for 2018. Azerbaijan also owns the Azersky remote sensing satellite.
“Pictures received from the Azersky are provided free of charge to the scientific community of Azerbaijan for scientific research,” Nabiyev noted. “The satellites’ management is carried out directly by employees of Azercosmos OJSC. We will continue to increase the country’s personnel potential in this field.”
Earlier, a source in Azercosmos OJSC said that about 80 percent of resources of Azerspace-1 satellite have already been commercialized and annual sales of satellite resources are forecasted to grow.
Azerspace-1 was launched on Feb.8, 2013. Its service area includes the countries of Europe, Caucasus, Central Asia, Middle East and Africa.