Monday, April 28 2025 14:29
Alina Hovhannisyan

First Armenian satellite Armsat 1 completes mission 

First Armenian satellite Armsat 1 completes mission 

ArmInfo.  The first domestic satellite of Armenia, Armsat-1, developed by the Bazoomq Space Research Laboratory and the Center for Scientific Innovation and Education, crossed the Karman line (the conventional boundary of space at an altitude of 100 km) for the last time and completed its mission. This is stated in the official message of the laboratory on  its Facebook page.

"We are deeply proud of Armsat-1 and thank everyone who supported this historic mission. This is just the beginning," Bazoomq noted.

The laboratory explained that the entry of our satellite into orbit,  like all satellites orbiting close to the Earth, occurred faster than  expected due to the record activity of the Sun in these years, which caused the atmosphere to heat up even more and increase resistance.

has fulfilled its mission and provided us with valuable information and experience that will allow us to move forward to larger and more ambitious goals>, - the statement says.

The Armenian media reported that the Anti-Corruption Committee had opened a criminal case on the fact of abuses within the framework of the project. However, the minister of the relevant department did not confirm this information, but stated that the satellite was operating normally and he had no information about the initiation of a criminal case. Let us recall that on May 25, 2022, the first Armenian satellite was successfully launched from Cape Canaveral into low-Earth orbit. The launch was organized by the  Spanish company SATLANTIS. On June 6, SATLANTIS announced the conclusion of an agreement for the supply of a complete Earth observation system to the Armenian subsidiary of the RA Ministry of High-Tech Industry "Geocosmos"  

POST A COMMENT
Input digits     


News
U.S. ambassador to Armenia meets with head of ServiceTitan Armenia  officeU.S. ambassador to Armenia meets with head of ServiceTitan Armenia  office
Armenia`s Central Bank  to maintain countercyclical capital buffer at  1.75%Armenia`s Central Bank  to maintain countercyclical capital buffer at  1.75%
Armenia`s State Revenue Committee  uncovered  over $10 million shadow  turnover  in construction materials salesArmenia`s State Revenue Committee  uncovered  over $10 million shadow  turnover  in construction materials sales
Armenia participating in Arabian Travel Market exhibition Armenia participating in Arabian Travel Market exhibition 
No change on customs values of imported diesel fuel in Jan-Mar 2025 No change on customs values of imported diesel fuel in Jan-Mar 2025 
Economy Minister, ZCMC management discuss potential for building new  copper smelterEconomy Minister, ZCMC management discuss potential for building new  copper smelter
2nd generation banknotes withdrawn from circulation in Armenia2nd generation banknotes withdrawn from circulation in Armenia
IDBank and Idram participate in Career City FestIDBank and Idram participate in Career City Fest
Yerevan  to host traditional Wine Days  in early JuneYerevan  to host traditional Wine Days  in early June
First Armenian satellite Armsat 1 completes mission First Armenian satellite Armsat 1 completes mission 
RA Urban Development Committee proposes rating construction companiesRA Urban Development Committee proposes rating construction companies
Armenia`s government causes 5% price rise - businessmanArmenia`s government causes 5% price rise - businessman
WB revises GDP growth for Armenia down in 2025 WB revises GDP growth for Armenia down in 2025 
Communication operators` payments to state budget down in 1st quarter  of 2025 Communication operators` payments to state budget down in 1st quarter  of 2025 
Armenia`s insurance sector`s tax payments show 7% y/y fall in 1st  quarter of 2025 Armenia`s insurance sector`s tax payments show 7% y/y fall in 1st  quarter of 2025 
FlyOne Armenia and Shirak Avia airlines concerned over RA  government`s decision FlyOne Armenia and Shirak Avia airlines concerned over RA  government`s decision 
IMF`s Executive Board could approve access of about US$ 25.0mln  stand-by loan for Armenia this June IMF`s Executive Board could approve access of about US$ 25.0mln  stand-by loan for Armenia this June 
Ameriabank tops list of major tax payers among Armenia`s banks Ameriabank tops list of major tax payers among Armenia`s banks 
Only RUB transactions in Armenia`s interbank foreign exchange market  Apr 21 to 25Only RUB transactions in Armenia`s interbank foreign exchange market  Apr 21 to 25
Armenia`s seismic safety and disaster risk management priority for  ADBArmenia`s seismic safety and disaster risk management priority for  ADB
Armenia  among TOP-3 countries whose citizens prefer to vacation in  GeorgiaArmenia  among TOP-3 countries whose citizens prefer to vacation in  Georgia
New campaign in ECCO stores from IDBank and IdramNew campaign in ECCO stores from IDBank and Idram
Industrial price index  growing with industrial sector sagging Industrial price index  growing with industrial sector sagging 
Financial agreement  for construction of the Sisian-Kajaran road  debatedFinancial agreement  for construction of the Sisian-Kajaran road  debated
Armenia`s economic activity is losing momentum, with foreign trade  also saggingArmenia`s economic activity is losing momentum, with foreign trade  also sagging
Another early placement - Converse Bank dollar bonds sold in a matter  of daysAnother early placement - Converse Bank dollar bonds sold in a matter  of days
Armenia Minister of Finance held meetings in Washington as part of  the spring meetings of the IMF and the World Bank GroupArmenia Minister of Finance held meetings in Washington as part of  the spring meetings of the IMF and the World Bank Group
2024 another year of unkept promises - opposition MP2024 another year of unkept promises - opposition MP
Balchug Capital completes acquisition of Goldman Sachs` Russian unitBalchug Capital completes acquisition of Goldman Sachs` Russian unit
Tax policy much more complicated - businessman Tax policy much more complicated - businessman 
Fab Lab digital production laboratory opened in GyumriFab Lab digital production laboratory opened in Gyumri
What Types of Online Fraud Exist Today?What Types of Online Fraud Exist Today?
Armenia`s Cabinet of Ministers approves program to support  development of air transportationArmenia`s Cabinet of Ministers approves program to support  development of air transportation
What strategy will be used to implement a gender policy in Armenia, a  country with a predominantly female population and a notable gender disparity in employment?What strategy will be used to implement a gender policy in Armenia, a  country with a predominantly female population and a notable gender disparity in employment?
KfW allocates EUR 5.3mln for agricultural insurance in Armenia; EUR  500,000 to be directed to consultationsKfW allocates EUR 5.3mln for agricultural insurance in Armenia; EUR  500,000 to be directed to consultations
AMD 209mln allocated from Armenia`s state budget for repayment of bad  loans AMD 209mln allocated from Armenia`s state budget for repayment of bad  loans 
Armenia`s Cabinet approves procedure for affixing CIS customs seals  and stamps on transport documents Armenia`s Cabinet approves procedure for affixing CIS customs seals  and stamps on transport documents 
China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat 
Armenia remains among EAEU leaders - Eldar Alisherov Armenia remains among EAEU leaders - Eldar Alisherov 
Construction of landfill in Hrazdan completedConstruction of landfill in Hrazdan completed
US Ambassador to Armenia meets with Westinghouse representativesUS Ambassador to Armenia meets with Westinghouse representatives
As a landlocked developing country, Armenia reiterates importance of  inclusive connectivity and open borders - Deputy FMAs a landlocked developing country, Armenia reiterates importance of  inclusive connectivity and open borders - Deputy FM
Armenia risks losing EAEU benefits if the West drags it into its  geopolitical games - Russian Deputy FMArmenia risks losing EAEU benefits if the West drags it into its  geopolitical games - Russian Deputy FM
Team establishing a 1-hectare forest in LoriTeam establishing a 1-hectare forest in Lori
Armenian NA approves amendments   to Tax Code postponing submission of  individual income statements Armenian NA approves amendments to Tax Code postponing submission of  individual income statements 
Counterfeit alcoholic beverage production exposed in Armenia Counterfeit alcoholic beverage production exposed in Armenia 
Armenian NA committee approves postponement of deadlines for   individual income statements  Armenian NA committee approves postponement of deadlines for   individual income statements  
AraratBank: Main Sponsoring Partner of STEM Expo 2025AraratBank: Main Sponsoring Partner of STEM Expo 2025
Armenia  establishing tourism cooperation with  Alsace, FranceArmenia  establishing tourism cooperation with  Alsace, France
Only 35,000 of 900,000 indviduals submitted income statements in 2024  - MPOnly 35,000 of 900,000 indviduals submitted income statements in 2024  - MP
Continued lending activity allows Armenian banks to increase profits  at double-digit ratesContinued lending activity allows Armenian banks to increase profits  at double-digit rates
Dominant faction of RA NA proposes postponing submission of  individual income returns Dominant faction of RA NA proposes postponing submission of  individual income returns 
The Merger between The Merger between "Ardshinbank" CJSC and "Ardshininvestbank" CJSC Has Been Completed
Pashinyan emphasizes the importance of developing a common economic  roadmap aimed at serving Armenia`s interestsPashinyan emphasizes the importance of developing a common economic  roadmap aimed at serving Armenia`s interests
Dollar transactions decreased and  ruble transactions increased in  Armenia`s interbank foreign exchange market, April 14-18, 2025Dollar transactions decreased and  ruble transactions increased in  Armenia`s interbank foreign exchange market, April 14-18, 2025
20% idcoin at Carpisa: IDBank and Idram’s new campaign20% idcoin at Carpisa: IDBank and Idram’s new campaign
In Q1 2025, Armenia`s public debt increased by approximately $740  million, reaching $13.6 billionIn Q1 2025, Armenia`s public debt increased by approximately $740  million, reaching $13.6 billion
Armenia`s opposition forces propose suspending property tax increase Armenia`s opposition forces propose suspending property tax increase 
ANIF embezzled budgetary funds - Transparency International ANIF embezzled budgetary funds - Transparency International 
WB launches $100 million project in Armenia to enhance local tourism   infrastructureWB launches $100 million project in Armenia to enhance local tourism   infrastructure
Read more
Exchange rates
29.04.2025
RUB4.780.05
USD389.45-0.01
EUR443.121.20
GBP521.161.78
CAD281.210.58
JPY27.300.16
CNY53.550.18
CHF471.552.38