Export of Azerbaijani satellite operator's services exceeds $420K
Baku, Azerbaijan, March 5
By Huseyn Valiyev - Trend:
The export volume of services of Azercosmos OJSC, the national satellite operator of Azerbaijan, in January 2018 amounted to $423,000, reads the "Export Review", published by the Center for Analysis of Economic Reforms and Communications of Azerbaijan on March 5.
According to the data, Azercosmos OJSC's income from the export of the services accounted for 59 percent of the total revenue of the operator.
Azercosmos OJSC provided services to 15 countries, including the UAE, Germany, Egypt, Georgia, China, Kyrgyzstan, Cyprus, South Africa, the United Kingdom, Ukraine, Russia, Poland, Lebanon, Turkey and Tanzania.
Azercosmos OJSC operates geostationary satellite Azerspace-1 and low-altitude satellite Azersky. The total income of the company from the commercial exploitation of the satellites reached $91 million, according to the operator's data released in February.
The revenues from the operation of Azerspace-1, Azerbaijan’s first satellite, since its launch into orbit, amounted to $72 million, while the revenues from the operation of Azersky satellite amounted to $19 million.
Azerspace-1 was launched on Feb. 8, 2013. Its service area includes the countries of Europe, Caucasus, Central Asia, Middle East and Africa.
The Azersky satellite was handed over to Azerbaijan in line with an agreement inked Dec. 2, 2014 at the BakuTel exhibition by Azercosmos OJSC and the French Airbus Defence and Space company.
The company plans to launch the second Azerspace-2 satellite in the first half of 2018. The zone of its service will include the countries of Europe, Central and South Asia, the Middle East and Africa. Azerspace-2, along with the expansion of the coverage zone, will become a reserve for Azerspace-1.