Earlier in the day, Iranian Vice President Sorena Sattari reiterated Tehran’s interest in cooperating with Russia in the space and aviation industries.

MOSCOW (Sputnik) — Two Russian space companies and Iranian Bonyan Danesh Shargh firm signed on Tuesday an agreement on joint development of an Earth remote-sensing satellite system for Iran, Russia's Federal Space Agency Roscosmos said.

"The sides signed the agreement [at the MAKS-2015 air show] in the presence of Russian Deputy Prime Minister Dmitry Rogozin and Roscosmos General Director Igor Komarov," Roscosmos said in a statement.

The pre-?ontractual arrangement covers the development of an earth remote-sensing system based on an upgraded version of the Kanopus-V1 (Canopus-B) observation satellite, Russia’s VNIIEM Corporation CEO Leonid Makridenko specified.

"The launch [of the system] on a Russian Soyuz carrier rocket is tentatively scheduled for 2018," Makridenko told reporters.

By Sputnik News