Azercosmos exports services worth $8M in two months

In January-February 2020, Azercosmos OJSC exported services (telecommunication and optic services) worth $8.4 million, which made up 90% of the OJSC’s total revenues, Report informs referring to the Center for Economic Reforms Analysis and Communication.

The services were mainly exported to the US, Great Britain, France, UAE, and Germany.

Azercosmos is the only satellite operator in the Caucasus established on May 3rd, 2010, and fully owned by the government of Azerbaijan Republic. Having launched the Azerspace-1, the first-ever satellite of Azerbaijan, on February 8th, 2013, the company provides highly reliable, satellite-based communication services to enterprise and government customers for DTH, voice, video, data and mobility applications.

With the advanced design and flexible switching capabilities of the Azerspace-1 telecommunication satellite, millions of viewers are able to get access to information and communications services worldwide. Azerspace-1 plays a role as an important gateway in a joint space that connects more than 50 countries in Central Asia, Europe, Africa, and the Middle East.

In December 2014, Azercosmos took over the rights to operate and commercialize Azersky, high resolution (1.5m imagery products) optical Earth observation satellite, and entered into the commercial business of Earth observation services, including Geo-Information services.