Hungary 4iG signs MoU with Azeri space agency
The non-binding Memorandum of Understanding (MoU) reflects the common interests of 4iG SDT and Azercosmos in the field of Low Earth Orbit (LEO) Earth observation, including the mutual exchange and use of Earth observation data, communications via LEO satellites, and the installation and operation of satellite ground segments, 4iG said in a statement on the website of the Budapest Stock Exchange (BSE).
In addition, the parties have expressed their willingness to cooperate in the development of technological synergies for the manufacture, assembly, integration and testing of small satellites (MAIT), the launch of joint R&D and innovation projects, and the implementation of training and internship programmes.
The parties’ aim is to jointly identify specific areas of cooperation in the space industry that could form the basis of a long-term partnership.
As a confirmation of their shared intentions, 4iG SDT is the title sponsor of the Space Technology Conference- Central Eurasia (STC 2025 Central Eurasia) currently taking place in Baku.
