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Russian private space firm sells 2 satellites to US company for over $4 mln

December 22, 2015, 12:06 UTC+3 MOSCOW
The US company Aquila Space has acquired the satellites operable in orbit, as well as the required licenses for using Dauria Aerospace's technologies
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© Igor Ageyenko/TASS

MOSCOW, December 22. /TASS/. The Russian private space firm Dauria Aerospace has closed a deal to sell its two satellites to the US-based Aquila Space, which is developing its own orbital satellite grouping, Dauria Aerospace told TASS on Tuesday.

"The US company Aquila Space has acquired the satellites operable in orbit, as well as the required licenses for using Dauria’s technologies," the Russian private space firm said.

"The full cost of the deal will range from $4.35 million to $6 million, depending on the size of license payments," Dauria Aerospace added.

Two Perseus-M-series satellites were launched in June 2014 by a Dnepr carrier rocket from the Yasny cosmodrome in the Orenburg Region in the south Urals.

Over a year and a half, the satellites have undergone trials, confirmed their technical characteristics and continue operating successfully in orbit. The satellites have been developed by the Russian and US divisions of Dauria Aerospace.

The Perseus-M satellites’ payloads comprise receivers of automated identification system signals. The system is used to prevent the collision of large vessels in river and sea navigation.

"We are glad to complete, perhaps, the first private space contract fulfilled in Russia. The experience gained during the implementation of the Perseus-M project is precious both for our developers and for entrepreneurs," Dauria Aerospace CEO Sergei Ivanov said.

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