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Tigran Davtyan: If you have a telephone with you, it means that you have a wallet with you too

Armenia's former prime minister: The indicator of the economic growth in Armenia is extremely low for the first half of 2014

RPA: OSCE Minsk Group Co-Chairs’ latest statement was addressed to Azerbaijan

French citizen lost in Gegarkunik region of Armenia

RPA does not hurry to assess 100 day activity of Hovik Abrahamyan's government

Serzh Sargsyan sees no need in arming of population of border villages

Seyran Ohanyan: Armenia has been putting in place ‘engineering facilities’ along with other measures to prevent attempts by Azerbaijani sabotage groups to infiltrate into its territory

Charges brought against Levon Hayrapetyan

Azeri State Committee for Refugees: Issues of the return of Dilgam Asgarov and Shahbaz Guliyev and the transfer of Hasan Hasanov's dead body are under control of President Aliyev

Armenian Government tries to repay its debts by transferring state-owned enterprises' assets to a U.S. company

Armenian environmentalists comment on Red Book apes imported to Armenia

All U.S. citizens traveling to or residing in Armenia are strongly encouraged to enroll in the Department of State's Smart Traveler Enrollment Program

The ICRC has already started talks to return Azeri saboteur's corpse, Azerbaijani State Committee says

Stepan Safaryan: OSCE Minsk Group prefers stroking naughty Azerbaijan

Edward Nalbandian advises his Azerbaijani counterpart not to use international arena for propaganda

Political expert: OSCE Minsk Group Co-Chairs want to lobby the meeting between Presidents of Armenia and Azerbaijan

Shmuel Meirom: Israel is willing to contribute of its experience in the field of economy, but it cannot force Israeli business to invest in Armenia

OSCE Minsk Group Co-Chairs express their serious concern about the increase in tensions and violence in Karabakh conflict zone

Heritage Party considers Volodya Avetisyan to be a political prisoner

Rostelecom expands its sales and customer service network

Arthur Grigoryan appointed commercial manager of mobile communication division at Beeline Armenia

Edward Nalbandian: Armenia wants to start a dialogue on abolishment of visa regime with EU

Edward Nalbandian: Unlike Azerbaijan, Armenia has been consistently proving its adherence to the principles of international law

No third tailing dump in Tukhmanuk

Edward Nalbandian: Turkey, which is striving to the EU, has shut down the border to the neighboring state, whereas a principle of free movement at the EU territory is one of the basic norms

Ali Hasanov: If international organizations can not resolve the conflict, let them step aside and the two neighboring states solve the problem themselves

Vladimir Dorokhin: None of the Azerbaijanis detained at the territory of Armenia are Russian citizens

"Mika cement" to replace owner

Deputy Prime Minister of Azerbaijan: The Azerbaijani people do not believe the OSCE Minsk Group

OSCE representative concerned about Armenia court decision forcing media outlets to disclose sources

The NKR Minister of Foreign Affairs received the Head of the ICRC Mission in Nagorno-Karabakh

Members of Karabakh parliament made a statement to protect Levon Hayrapetyan

"Vallex" Group celebrates Miner's Day

Commandos: Levon Hayrapetyan's arrest is a result of hard work of Azerbaijani and Russian secret services

Ivan Kukhta: The government of Ukraine owns irrefutable evidence of separatists' blame for the crash of the Malaysian Boeing

According to the results of the first half of 2014, growth rates of Ameriabank's indices exceed average market level

ACBA-CREDIT ACRICOLE BANK and American Express have announced the launch of new card "The ACBA-CREDIT AGRICOLE BANK American Express® Cash Back Card"

No visa regime between Georgia and Armenia

Vahagn Hovnanyan: It is necessary to hold a protest action in front Russia's Embassy in Armenia to support Levon Hayrapetyan

Political expert: Growth of tension at the border is a regular ill-fated expression of complexes by Azerbaijan

James Warlick: The number of incidents and resulting deaths and injuries is also a setback in our efforts to work with parties to find a lasting peace

Lake Sevan is on the verge of environmental disaster

Life of the three persons injured in Kashatagh as a result of a landmine explosion is out of danger

EU welcomes ruling of Turkish Constitutional Court regarding investigation into the 2007 murder of Turkish- Armenian journalist Hrant Dink

Armavir mayor's car explodes in mine-studded territory of Kashatagh

Newspaper: Armenian oligarch's company worked in the shadow

Nagorno-Karabakh Police publish details of the case of Azeri saboteurs

Eastern Partnership countries cannot join European Union within the next 5 years

Expert: Decision to increase water release from Lake Sevan to 270 mln cu m is a shady transaction

RESO Insurance Company compensates for damage under hull insurance in 90.9% of cases

Regional

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Jury to Pass Verdict on Accomplices to Georgian General's Murderer in Moscow

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Saakashvili's Party States it is Important to Conduct the Second Round of Elections till July 19

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Ramadan begins on June 29

Azerbaijan's democratic forces calling for the Association with the EU

Georgian MFA Responds to U.S. Embassy's Statement, Connected with Incidents during Election Campaign

Georgian Ambassador Demands Explanations from Turkish MFA

Georgian Citizens Abroad not to Participate in Local Elections

Georgian President Delegates Prime Minister to Sign Associated Agreement

Georgian Leadership Welcomes Presidential Elections in Ukraine

We do not Need Saakashvili's Type Mediators in our Relations with Ukraine - Lavrov

Caucasian Muslims Department (CMD) opens an office in Iran, next will be Saudi Arabia

Poroshenko States he Has not Offered Georgian Ex-President Mikheil Saakashvili Adviser's Post

Russia not to Punish Georgia for Signing Associated Agreement with EU-Kosachev

James Appathurai Writes about Georgia in his Page in Facebook

Blogger Abdul Abilov sentenced to five and a half years

Vugar Aliyev committed to strengthening the responsibility of Internet resources

Civil society urges Aliyev to defend democracy

Armenia to produce unmanned aircrafts for EU and Northern America

  • by Arthur Yernjakyan

  • Thursday, January 30, 18:16

Instigate CJSC, Armenia, will invest nearly $1 million in production of multifunctional unmanned aircrafts and automated control systems for them, Karine Minasyan, Deputy Minister of Economy, said in the Government, Thursday.

 

The Government has licensed Instigate Robotics CJSC (subsidiary of Instigate CJSC) for exploitation of free economic area Alliance in the territory of Mars RAO.  The deputy minister said the company plans to create 25 highly-paid jobs. The production space of the free economic area Alliance will total 200 square meters. Sitronics Armenia CJSC will lease the given area for $8 per sq m for a period of 10 years. The output will be exported to Northern America, Europe, Middle East and the former Soviet countries. The company plans to export up to $1.9 million products, the deputy minister said. The company has already mastered the technology of production of two models of unmanned aircrafts Educotper and Photocopter.

 

Prime Minister Tigran Sargsyan, in turn, said the Government has approved rather serous economic programs, including manufacture of Armenian tablets that will be launched already in the current year.  It is the second solid investment program, he said.

 

Instigate Robotics is a spin-off company of Instigate CJSC launched in 2013. Instigate Robotics is specialized in robotics and industrial automation solutions such as Unmanned Aerial Vehicles (UAV), 3D printers, CNC devices and robotics kits for schools. Instigate cjsc is an engineering company with hardware and software teams based in Yerevan and four other cities of Armenia. The company is represented in the US, EU, Israel and Georgia. The company is specialized in Electronic System Level design and modeling, EDA software design, software acceleration and parallel programming, using modern technologies such as AMD/NUMA and NVIDIA/CUDA. Instigate cjsc was founded on July 6, 2005.

 

 

The subsidiary of Sitronics OJSC, SITRONICS ARMENIA CJSC, created the first free economic area in Armenia on 1 August 2013.  The subsidiary has been created in order to centralize the management of the CJSC Mars plant and three scientific research institutes, and the management of a free economic zone, which is created on these sites.  The residents of the free economic are will act on the principle of 'one window' and enjoy favorable tax field.

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