Armenia to Launch First Home-Made Satellite

A newly created company called Armcosmos is currently busy registering an orbital position for the upcoming satellite, said Gagik Grigoryan, a senior official with the Transportations and Communications Ministry. The price tag for Armenia’s space program is $250mln, with part of the sum to come from private investors, Grigoryan told the Armenian branch of the Radio Free Europe. More

(Source: Fars News Agency - Jun 25)