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Export of Azerbaijani satellite operator's services grows

ICT Materials 6 April 2018 16:35 (UTC +04:00)

Baku, Azerbaijan, April 6

By Huseyn Valiyev - Trend:

The export volume of services of Azercosmos OJSC, the national satellite operator of Azerbaijan, in January-February 2018 amounted to $2.3 million, reads the "Export Review", published by the Center for Analysis of Economic Reforms and Communications of Azerbaijan on April 6.

According to the data, Azercosmos OJSC's income from the export of the services accounted for 79 percent of the total revenue of the operator.

In February, income of Azercosmos OJSC from the sale of satellite resources grew 5.4 times compared to January.

Azercosmos OJSC provided services to 17 countries, including France, the UAE, Germany, Georgia, China, Egypt, Turkey, Kyrgyzstan, the UK, Ukraine, Russia, Cyprus, South Africa, Tanzania, Lebanon, Iran and Poland.

Azercosmos OJSC operates geostationary satellite Azerspace-1 and low-altitude satellite Azersky.

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.

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