Bazoomq and Kartes Analytica Announce Strategic Partnership to Advance Space Research and Geospatial Analytics in Armeniaa

FOR IMMEDIATE RELEASE

Yerevan, Armenia - Bazoomq Space Research Lab, a leading Armenian non-profit space organization, and Kartes Analytica, an innovative new geospatial analytics company, today announced the signing of a Memorandum of Understanding (MoU) to establish a strategic partnership focused on developing space research initiatives and advanced geospatial capabilities in Armenia.

The MoU outlines a framework for collaboration between the two organizations, leveraging their complementary expertise in space technology and geospatial analytics. The partnership aims to support Armenia's national priorities, including economic growth, environmental sustainability, emergency response, and security, through the development of cutting-edge geospatial solutions and space-based assets.

Under the agreement, Kartes Analytica and Bazoomq will work together on a range of projects involving the development of advanced analytics capabilities and geospatial infrastructure to support decision-making across various sectors.

The collaboration will also focus on capacity building, training, and applied research in areas such as remote sensing, space technologies, and data-driven applications for informed business decisions.

"We are thrilled to embark on this groundbreaking partnership with Bazoomq, true pioneers in Armenia's space industry, and an inspiration for all of us.” expressed Babken DerGrigorian, Co-founder and CEO of Kartes Analytica. "Together, we will push the boundaries of what's possible in geospatial analytics and space research, driving transformative solutions that shape our collective future. This strategic collaboration marks the beginning of an exciting chapter and formalizes the fruitful collaboration we’ve embarked on since last year. "

“We are excited to partner with Kartes Analytica and combine our strengths in space research and technology development to drive innovation and create value for Armenia in a fast-growing global market," said Avetik Grigoryan, Co-founder, and CEO of Bazoomq Space Research Lab. "This partnership reflects the growing significance and momentum of the new space sector in Armenia and represents a significant step forward in our mission to harness the power of space for the benefit of our nation and the world."

About Bazoomq

Bazoomq is a non-profit space research laboratory on a mission to advance space science, technology, and education in Armenia. By working to establish a thriving domestic space ecosystem, it is pioneering the way for Armenia's ascent as a leading contributor to the global space community. Together with CSIE, Bazoomq recently developed and delivered into orbit, the country's first domestically built and locally-operated satellite. To learn more about Bazoomq and its current initiatives, please visit www.bazoomq.am.
Contact: info@bazoomq.am

About Kartes Analytica

Kartes Analytica is a geospatial infrastructure and analytics company. Founded in 2022 with offices in Armenia and the United States, the company empowers decision-makers with critical insights to navigate complex challenges. Its unique systems-thinking approach to geospatial analysis enables informed, proactive decisions in an ever-changing global landscape. To learn more about how Kartes Analytica is redefining the future of geospatial intelligence, please visit www.kartes.com.
Contact: hello@kartes.com