Azercosmos, the Azerbaijani satellite operator, has signed an agreement on broadcasting Georgian TV channels Mtavari Arxi, Music Box, and the Russian ILLI TV, Trend reports referring to the operator.

Azerbaijan has earned $14.1 million from the commercial operation of the Azerspace-2 satellite in seven months of this year, Trend reports with reference to Azercosmos OJSC.

Cooperation between Azerbaijan and Iran within transport and communications is ongoing, and the satellite communications sphere has occupied a special place in this cooperation.

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.