Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

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

Dauria Aerospace

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.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more