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Revenues of Azerbaijani Azersky low-orbit satellite for 2020 revealed

ICT Materials 11 March 2021 12:49 (UTC +04:00)
Revenues of Azerbaijani Azersky low-orbit satellite for 2020 revealed

BAKU, Azerbaijan, March 11

By Sadraddin Aghjayev - Trend:

Revenues from commercial activities of Azerbaijani Azersky low-orbit satellite, owned by Azercosmos OJSC, amounted to $12 million in 2020, Trend reports citing the report of the Azerbaijani Cabinet of Ministers for 2020.

The Azersky revenues for the entire period of its operation amounted to $59.3 million.

As much as 99 percent of the revenues come from the export of satellite services, the report reads.

“The company is taking measures to expand sales of satellite services,” added the report.

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