Cost of "Azerspace-1" satellite declines, but insurance costs rise

"Pasha Insurance Company" has once again won the open tender for annual insurance of "Azerspace-1" satellite operated by the Space Agency under the Ministry of Digital Development and Transport (Azercosmos). This is reported on the unified internet portal of public procurement. According to the information, the parties signed a purchase and sale agreement for the satellite worth $66.5 million for AZN 1,436,500. It may...

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