Azerbaijan is making further progress in the ICT sector, in particular, in the space technology sphere.

In January-May 2019, revenues of Azercosmos from the commercial exploitation of satellites amounted to $16.1 million, which is 46 percent more compared to the same period of 2018, Department Head at Azerbaijan's Center for Analysis of Economic Reforms and Communication Ramil Huseyn said at a briefing, Trend reports.

Azercosmos is the only satellite operator in the Caucasus. Having launched the first-ever satellite of Azerbaijan Azerspace-1 on February 8, 2013, the company provides highly reliable satellite-based communication services to enterprise and government customers for DTH, voice, video, data and mobile applications.

Azerbaijan is pursuing long-term space industry development programs to strengthen its position in the global space industry market as a member of the space satellite club owning three satellites.

The delegation of Azerbaijan’s Azercosmos open joint stock company took part in the annual congress of the International Astronautical Federation (IAF) in Paris, Trend reports referring to the joint-stock company.

Azerbaijan’s satellite operator, Azercosmos, has launched commercial exploitation of the resources of its second communications satellite, Azerspace-2, Trend reports referring to the company on Feb. 1.

Satellite telecommunications and optical satellite services of the Azercosmos OJSC were provided to 24 countries, the December “Export Review” of the Center for the Analysis of Economic Reforms and Communications reported.

Azerbaijan's telecommunications satellite Azerspace 2 reached its test orbit on Dec. 18, Azercosmos OJSC told Trend.

Azerbaijani Minister of Defense, Colonel General Zakir Hasanov and the leadership of the ministry reviewed the activity of the Satellite Communications Control Center, which was transferred for the use of the Azerbaijan army.

Azerbaijani President Ilham Aliyev has signed an order to amend the “Decree on the Establishment of Azercosmos OJSC”, dated May 3, 2010.