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Russian, US Space Companies Seal Satellite Deal for First Time

Sputnik News

11:04 22.12.2015(updated 13:35 22.12.2015)

Russia's Dauria Aerospace completed the first ever private space contract with a US company.

MOSCOW (Sputnik) – For the first time ever a private Russian space company, Dauria Aerospace, has struck a deal on the sale of two of its satellites to a US company, Aquila Space, the Russian company's general director said Tuesday.

"The full price of the deal is between $4.35 million and $6 million depending on the amount of the licensing fees," Sergei Ivanov told RIA Novosti.

"We are happy to have completed the first private space contract executed in Russia," Ivanov added.

Dauria Aerospace is the company, which develops and manufactures satellite vehicles. The company also proposes a wide range of components for the satellites, including systems and transmitters.

Two Dauria Aerospace's Perseus-M satellites were launched in 2014 from Yasny launch facility in southern Russia. Since then the satellites have been flight tested and continue to be in operation. The launch allowed the company to test its electronics, software and space devices.

Perseus-M could be used to monitor the position of the vessels, track their movements and prevent them from collisions.


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