Iran will soon put into orbit another domestically produced satellite called Zafar-2, the head of Iran's University of Science and Technology Mansour Anbia said.

Anbia told IRNA news agency that Zafar-2 will be the fourth achievement of the university's researchers in the field of satellite technology after creating the first Navid satellite in 2011, the second, Mobin, in 2013 and Zafar-1 in 2015.

He noted that the aerospace industry's contribution to the global economy was $424 billion in 2020, up 70 percent from the previous decade.

According to Anbia, the university has obtained satellite technology to meet the country's needs and is ready to export know-how to other countries.

Iran began its aerospace research activities in the mid-1990s and has made tremendous strides since then, building and launching various satellites of its own.

The last Hayyam satellite was launched into space on August 9, 2022 by a Russian Soyuz launch vehicle from Kazakhstan's Baikonur Cosmodrome to monitor Iran's borders and improve management and planning for agriculture, natural resources, environment, mining, and natural disasters.