Israel Aerospace Industries (IAI) and the Space Agency of the Republic of Azerbaijan, Azercosmos, announced the signing of a cooperation agreement for the sale of two state-of-the-art multispectral electro-optical satellites from IAI, with native resolution greater than 0.5 meters, long lifetime and high imaging performance.
Under the terms of the agreement, IAI will provide Azercosmos with two satellites under the Azersky -2 program, technology and expertise for the construction and operation of the satellites.
IAI and the Space Agency of the Republic of Azerbaijan – Azercosmos, Announce Groundbreaking Agreement on Azersky-2 program!
The companies signed on a cooperation agreement for the sale of two of IAI’s cutting-edge multi spectral electro optical satellites. pic.twitter.com/4IvPMsbZjU
— Israel Aerospace Industries (@ILAerospaceIAI) October 3, 2023
IAI expects the transaction to bring exciting developments in the field of satellite technology, opening up new exploration opportunities for both companies. The agreement includes a long-term business partnership between IAI and Azercosmos, reflected in the establishment of an ecosystem of innovation, entrepreneurship, academia and research in the space field in Azerbaijan over the years.
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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.
IAI President and CEO, Boaz Levy – «For IAI, the sky is not a limit but merely the starting point for our systems capabilities. Our commitment to innovation and exploration motivates us to partner with the foremost experts in the global space community, as we ambitiously shape the future of space observation together. We are proud to have made significant contributions to this cooperation for Azerbaijan, and we are sure that this collaboration will propel us to new heights.»
Azercosmos Chairman of the Board, Samaddin Asadov – “This project is unique for both Azercosmos and Israel Aerospace Industries, and will undoubtedly contribute to the development of space cooperation between our countries. I consider our cooperation to be an important step in the development of human capital and space technologies in the country.”
