Today, Azerbaijan is a member of space satellite club with three satellites, long-term space industry development programs and infrastructure and strengthens its position in the global space industry market.

Azerbaijan’s Agriculture Ministry will continue using the services of the country’s low-Earth-orbit AzerSky satellite to monitor agricultural crops, Ilham Bayramov, chief of administration of the ministry, told reporters in Baku on November 3.

Azerbaijan’s satellite operator Azercosmos Company has announced launch of Azersky User Group Project in Georgia, Kyrgyzstan and Moldova.

Azercosmos Company, the only satellite operator in the Caucasus, will present its services in the Pan-African AfricaCom telecoms, tech and ICT conference and exhibition, which is scheduled for November 15-17 in Cape Town.

Azerbaijan’s low-orbit satellite Azersky will bring more than $200 million in revenue within the next 12 years.

Azerbaijan has begun work on designing Azerspace-2 telecommunication satellite.

Unfavorable weather conditions hinder low orbit satellite AzerSky to take picture of the Guneshli offshore oil filed on December 4, when the tragic fire accident occurred, Azerbaijan's satellite operator Azercosmos reported.

Japanese banks will finance the AzerSky satellite system and establishment of the satellite’s ground infrastructure.

A second satellite program in Azerbaijan will cost over $191 million, the State Procurement Agency of Azerbaijan reported.

The low orbit satellite AzerSky could be used to monitor and thus ensure the safety of oil and gas pipelines, Azerbaijani satellite operator Azercosmos said on August 28.