IAI, Azercosmos Announce Agreement on Azersky-2 program

Israel Aerospace Industries (IAI) and Azercosmos, a pioneering force of Azerbaijan in the space industry, have announced a cooperation agreement for the sale of two of IAI’s cutting-edge multi spectral electro optical satellites within Azersky-2 program; better than 0.5 meter native resolution with a long life span and high imaging performance. 

This landmark deal represents a significant step forward in space technology and cooperation between the two companies.

Under the terms of the agreement IAI will provide Azercosmos with two satellites within Azersky -2 program, technology and knowledge for the construction and the operation of the satellites. 

The transaction is expected to bring about exciting developments in the field of satellites technology, opening up new opportunities for both companies to explore.

Further, the agreement includes a long term business partnership between IAI and Azercosmos, reflected in the establishment of innovation, entrepreneurship, academic and study ecosystem in the field of space in Azerbaijan over the years. 

IAI and Azercosmos are committed to a successful implementation of the Azersky-2 program, and are looking forward to mutually beneficial cooperation in future space programs. 

Source: https://www.iai.co.il/news-media/press-releases/Azersky-2%20program