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ٍEghtesadOnline: The Iranian Space Agency and Iran’s Space Research Center will sign a contract to jointly design and build a communications satellite to be named Nahid 2 (Venus 2 in Persian).

A communication satellite is placed in orbit around the earth in order to relay television, radio, and telephone signals.

The signing ceremony will be held on Saturday in the presence of Telecoms Minister Mahmoud Vaezi and senior space officials, ICT Press reported.

Signatories are deputy telecoms minister and head of ISA Mohsen Bahrami and the head of ISRC Hassan Haddadpour, according to Financial Tribune.

Nahid 2 will have folding solar panels and weigh about 55 kilograms, it will operate in the Ku-band.

Nahid I was also a communications satellite, it was unveiled in December 2012 and launched nine months later.

Iran satellite Iran Communications Iran Space Agency