ArmInfo.The satellite belongs to the Republic of Armenia, and with its acquisition, we got the opportunity to build a station in the country and train the team by  the Satlantis Spanish company. Secretary of the Armenian Security  Council Armen Grigoryan stated this in an interview with CivilNet.

"Globally, we have acquired not only a satellite, but also  capabilities, infrastructure, which will be a big push, both in terms  of the development of science and in terms of business interest," he  said, noting the enthusiasm from young people, calling it important  from the point of view of training specialists in this field.  

Speaking about the parameters, Grigoryan noted that the capabilities  of the satellite are estimated above average. "Specialists will tell  you more about this. But in making this decision, we involved  internationally renowned Armenian experts who helped us advance this  issue. This is the first step. But I have to disappoint those who  think that this will solve all our problems", said the secretary  of the Security Council.  The existing capabilities of the satellite,  he said, will allow to solve numerous issues, ranging from  agriculture to the demarcation process. In addition, Grigoryan noted  that the Armenian satellite has exceptional capabilities, but it will  take some time to fully reveal them. "We do not yet receive the  necessary information, but it will be later," he assured.  At the  same time, Grigoryan urged to evaluate this issue in the context of  increasing state funding for the scientific sector by 82%.  It should  be reminded that On May 25, 2022, at 22:35 Yerevan time, Armenia's  first space satellite was launched into the Earth's orbit on a SpaceX  rocket from Cape Canaveral in the United States.  The satellite was  launched into space as a result of cooperation between the Armenian  state Geocosmos company and the Spanish Satlantis.  It should be  noted that part of the public reacted to the news about the launch of  the Armenian satellite with a certain skepticism. In particular,  there were accusations about the unreliability of the declared  information, that the satellite was rented, etc.