Israel and Azerbaijan have signed a "historic" agreement on cooperation in space, the Ministry of Innovation, Science and Technology of Israel announced.

The agreement was signed at the International Astronautical Congress (IAC), which was held in Baku this year, writes Jpost.

"The agreement signed today is further evidence of the strengths of Israeli science, innovation and the space industry," Innovation, Science, and Technology Minister Ofir Akunis said. "Israel's international position is solid and constantly strengthening. The agreement with the Azerbaijan Space Agency has important economic and political implications, and I congratulate everyone who made it a success."

The agreement, explained Uri Oron, director of the Israel Space Agency, will lead to joint projects in the field of space, including the development of space technologies, satellites, space exploration systems from robotics, vehicles, and optical systems, as well as academic collaborations, Earth observation, monitoring, and educational projects.