The State Tax Service under the Ministry of Economy has officially registered "Spacecraft Development and Production" LLC, signaling Azerbaijan's continued strides in advancing its space technology sector.
The registered address of the new company matches the address of the Space Agency ("Azercosmos") under the Ministry of Digital Development and Transport — 72 Uzeyir Hajibeyov Street, Sabail District, Baku.
Its authorized capital amounts to 1 million manats, and its legal representative is Fariz Ali oglu Aliyev, who heads the Research and Development Center of "Azercosmos."