home . news & publications . Investment News . USTDA Promotes Communications in Azerbaijan

USTDA Promotes Communications in Azerbaijan

The U.S. Trade and Development Agency (USTDA) awarded a grant to Azercosmos Open Joint Stock Company, a Government-owned entity, to provide a feasibility study for a second communications satellite that would cover Azerbaijan, its surrounding region and Africa. The grant was signed by the Honorable Leocadia I. Zak, Director of USTDA, and by His Excellency Mr. Ali Abbasov, the Minister of Communications and Information Technology.

The USTDA grant will allow Azercosmos to determine the economic, technical and financial feasibility of the procurement, financing, launch and operation of the Azerspace-2 communications satellite. The study will confirm and characterize market demand, assess options and determine the optimal configuration of the satellite.

"This project will assist the Government of Azerbaijan in increasing communications options to meet burgeoning market demand," said Director Zak. "We are pleased to support a project to develop Azerbaijan's network and communications in the region and to connect Azercosmos with U.S. expertise and solutions."

Source: U.S. Trade and Development Agency

Back to top


events view our upcoming events.

network follow us.

   facebook  linkedin  twitter

anglo-asian ata-holding
azpetrol statoil
bny_melon azertrans
chevron_logo conocophillips
  ibar exxonmobil
 solar-turbines boeing-logo-website