Weekly economic review (Sept.24-28)

Analysis Materials 2 October 2012 11:17 (UTC +04:00)

Last week, the US-based Orbital Sciences Corporation completed construction of the first national telecommunication satellite Azerspace-1. Currently, the satellite is being tested at Orbital Sciences Corporation.

"Azerkosmos" company's employee and Telesat's two employees are at the satellite production plant Orbital Sciences Corporation to closely familiarize with the satellite construction process.

Azerbaijan's first telecommunication satellite will be delivered to the Kourou Cosmodrome in November, with its launch planned for the beginning of 2013.

The Azerspace satellite payload, being built on the STAR-2 platform, consists of 36 transponders (24 C-band transponders and 12 Ku-band transponders). The frequency of each transponder is 36 MHz. The satellite exploitation term in orbit will hit up to 15 years.

The satellite will be launched into a geostationary orbit 46 degrees east longitude, leased from the Malaysian company Measat Satellite Systems, owned by the Malaysian government. Azerspace's service area will include the countries of Eastern Europe, Caucasus, Central Asia and North Africa.

Azerbaijan's telecommunication satellite Azerspace is designed to render digital broadcasting services, Internet access, data transmission, to create multiservice networks VSAT and governmental communication.

"Azerkosmos" told Trend earlier that the operations of constructing Ariane-5 carrier rocket are being conducted on schedule. The operations will be completed according to the schedule.

Construction of the centres is included in the total cost of the Azerspace-1 first telecommunication satellite launch project. This stands at 250 million dollars with 85 per cent of falling to the share of foreign borrowings and 15 per cent to the funds from the government budget.

The revenues of the satellite during its operation will be approximately $ 650 million.

The satellite project does not only ensure information security and eliminates the information dependence on foreign countries, but plays a huge role in the development of existing human resources and intellectual potential.

The first telecommunication satellite will be launched into orbit in late 2012, low-orbit satellite in 2013, other telecommunication satellites in the further years.