Compared to 2017, the company's revenues from the exports increased by 12 percent. The revenues from the export of services accounted for 87 percent of the company's total income.
Azercosmos provided 24 countries with its services. The bulk of the services accounted for France ($11.8 million), Malaysia ($8.4 million), the UAE ($1.5 million), Germany ($941,000) and Georgia ($537,000).
Azercosmos OJSC operates geostationary satellites Azerspace 1, Azerspace 2 and low-altitude satellite AzerSky.
More about: satellite Azerbaijan
