Azerbaijani state-owned satellite operator Azercosmos exported satellite telecommunications and optical satellite services to 31 countries around the world in the first quarter of 2022.
According to the “Export Review” published by the Center for Economic Reform Analysis and Communication of Azerbaijan, the company’s exports totaled $6.2 million from January to March this year.
Azercosmos’ profits from the export of services accounted for 86% of its total revenue. As of March 2022, the company has provided services worth $2.1 million to overseas customers in 30 countries around the world.
The top five export destinations for satellite telecommunications and optical satellite services provided by Azercosmos are the United Kingdom ($1.6 million), France ($1.1 million), Luxembourg ($1.1 million), United Arab Emirates ($0.6 million) and Pakistan ($0.4 million).
In 2021, Azercosmos exported $45.3 million worth of satellite telecommunications and optical satellite services to 41 countries worldwide, which is $0.2 million and eight countries more than in 2020.
Azercosmos is the one and only satellite operator in the South Caucasus region. The company currently operates two telecommunications satellites and one observation satellite. Azerspace-1 is Azercosmos’ primary satellite, providing highly reliable broadband and broadcast solutions to millions of people living in Europe, Africa, the Middle East, the Caucasus and Central Asia. The satellite launched in February 2013 is equipped with 24 C-band transponders and 12 Ku-band transponders and is located at 46° East longitude.
Since December 2014, Azercosmos has been operating and marketing Azersky, a high-resolution optical Earth observation satellite. In 2018, Azercosmos sent Azerspace-2 into a geostationary orbit at 45° East longitude. It renders uninterrupted digital broadcasting, data transmission and other services across Central Europe, Eastern Europe, Asia, the Middle East and Sub-Saharan Africa. Azerspace-2 is also used as a backup for Azerspace-1.
Azercosmos cooperates with many companies such as the American company HorizonSat and UtiSat from the United Arab Emirates. Recently, the company signed a partnership agreement with the German satellite communication and data solutions company Signalhorn.
“Using the latest iDirect technology, Azercosmos and Signalhorn will be able to contribute state-of-the-art and efficient connectivity through the Leuk teleport, resulting in a high degree of operational flexibility and agility,” Azercosmos said in a press release last week.
“Through this partnership, Azercosmos and Signalhorn will provide high-quality internet connectivity and provide more opportunities for humanitarian assistance as well as greater connectivity options across Africa.”