In 2024, marking 10 years since the launch of its first satellite, Azercosmos announced a milestone: a $10 million business portfolio forged through space-based commercial projects. According to Fuad Aslanov, Deputy Chairman of Azercosmos’ Board, this achievement highlights the agency’s evolution from simple geographic data collection to advanced digital solutions. Since establishing the Geographic Information Systems (GIS) Center in 2022, Azercosmos has implemented over 100 commercial projects utilizing AI-powered platforms.
Day: October 23, 2025
The German automotive giant Volkswagen Group is preparing to suspend the production of several key car models due to a worsening shortage of semiconductors. The disruption stems from mounting uncertainty surrounding Nexperia, a major supplier of microchips to the European automotive sector, Azernews reports.
