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Russian Private Space Company Sells Two Satellites to U.S. for First Time

The Russian private commercial satellite company Dauria Aerospace has completed its first deal to sell two of its satellites to a U.S. firm, the RIA Novosti news agency reported Tuesday.

“We are happy to complete, perhaps, the first private space contract fulfilled in Russia. It's a very successful deal for us,” Dauria Aerospace's general director Sergei Ivanov was quoted by RIA Novosti as saying.

The two Dauria Aerospace's Perseus-M satellites operating in the orbit, as well as necessary licenses for using the technology, were purchased by the U.S.-based company Aquila Space.

The total value of the deal is estimated at between $4.35 million and $6 million depending on license rates, according to Ivanov.

Dauria Aerospace, founded by the co-owner of electronics retailer Technosila, Mikhail Kokorich, in 2012, launched two Perseus-M satellites in June last year. The satellites were developed by the Russian and U.S. divisions of the company.

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