The executives of Azercosmos, the Space Agency of Azerbaijan, and 4iG Space and Defence Technologies, the Hungarian privately-owned large enterprise focusing on the space and defence sector, met to explore prospects for cooperation.
The meeting discussed the next steps for the implementation of the memorandum of understanding signed between the two institutions last month. The sides reviewed the potential areas of collaboration between the parties, including joint satellites production, training and consulting services, Geographic Information Systems (GIS) and satellite solutions, strategic partnership and investment opportunities, sharing of business prospects and the development of a cooperation roadmap.