Sun. Dec 3rd, 2023
Israel Aerospace Industries and Azercosmos Announce Cooperation Agreement in Satellite Technology

Israel Aerospace Industries (IAI) and Azercosmos have signed a cooperation agreement for the sale of two cutting-edge multi-spectral electro-optical satellites. These satellites, with a native resolution better than 0.5 meters and high imaging performance, are part of IAI’s advanced technology portfolio.

This collaboration between IAI, a world-leading aerospace and defense company, and Azercosmos, a pioneering force in the space industry of Azerbaijan, marks a significant milestone in space technology and cooperation. Under the agreement, IAI will provide Azercosmos with two satellites for the Azersky-2 program, along with the necessary technology and knowledge for their construction and operation.

The deal is expected to bring about exciting advancements in satellite technology and create new opportunities for both companies. It also includes a long-term business partnership, wherein IAI and Azercosmos will work together to establish an ecosystem of innovation, entrepreneurship, academia, and study in the field of space in Azerbaijan.

Both IAI and Azercosmos are committed to the successful implementation of the Azersky-2 program and look forward to mutually beneficial cooperation in future space programs. This collaboration is seen as a crucial step in the development of human capital and space technologies in Azerbaijan.

Samaddin Asadov, Chairman of the Board of Azercosmos, expressed his belief that this project will significantly contribute to the development of space cooperation between Azerbaijan and Israel, fostering human capital and space technology in the country.

Boaz Levy, President and CEO of IAI, stated that their commitment to innovation and exploration drives them to partner with experts in the global space community. He emphasized the importance of this collaboration in propelling both countries to new heights in space observation.

The partnership between IAI and Azercosmos holds great potential for advancing satellite technology and fostering closer ties between Azerbaijan and Israel in the field of space exploration and development.