"Azerkosmos" will own the French Earth observation satellite

LLC "Azerkosmos" plans to own till the end of the year an Earth observation satellite "SPOT 7" by the  French company "Airbus Defense and Space", and start its commercial operation.

The work on an agreement "On strategic cooperation", which will be signed between these structures is at its final stage, according to the press release of the Ministry of Communications and high technology . The document provides for a distribution of profits from joint use satellites "SPOT 6" and "SPOT 7", training of local staff in the management, and marketing of satellite exports of modern technology and knowledge  by the company "Airbus Defense and Space" in Azerbaijan, and other matters.

On June 30  this year the company “Airbus Defence and Space” launched a satellite into orbit "SPOT 7" in the frames of cooperation  with Azerkosmos.

Memorandum of Mutual  Understanding  on Cooperation in the field of observation services between Azerkosmos LLC and Airbus Defense and Space was signed in Baku on May 12, 2014. - 17D-

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