Business

Armenian-Founded Gecko Robotics Secures $71 Million U.S. Navy Deal To Cut Maintenance Delays And Boost Fleet Readiness

Gecko Robotics, the AI and robotics company co-founded and led by Armenian-American entrepreneur Jake Loosararian, announced a major new agreement with the U.S. Navy and the General Services Administration,...

Armenian Startup Megaladata Expands Globally From Yerevan to Help Businesses Process Data Faster and Make Smarter Decisions

As companies generate more data than ever before, many still struggle with familiar bottlenecks:...

100 New Starlink Terminals Arrive In Armenia To Bring Fast, Stable Internet To Remote Schools Nationwide

A new batch of 100 Starlink terminals, donated to the Government of Armenia, has...

Armenia’s GDP Grows 7.2% In 2025, Reaching $29.2 Billion

Armenia’s Gross Domestic Product (GDP) in 2025 increased by 7.2% compared to 2024, totaling...

Armenia’s GDP Increases 5.2% in Quarter 3 Of 2024

Armenia's GDP grew by 5.2% in the third quarter of 2024 compared to the same period in 2023, reports Armenpress. The country's GDP in Q3...

Armenia’s Exports To The U.S. Increase By 25% To $50.2 Million While Overall Trade Turnover Declines By 59%

Armenia's exports to the United States increased by 25% in the first ten months (January-October) of 2024, reaching $50.2 million, according to a Facebook...

Nigerian Court Releases Binance Executive Tigran Gambaryan, Drops Charges After Months In Prison Without Trial

On October 23, a Nigerian court ordered the release of Binance executive Tigran Gambaryan after the government dropped money laundering charges against him to...

🇦🇲 Armenian Professor Dr. Hovannes Kulhandjian Secures Patent For New Life-Saving Firefighting Device To Detect People & Animals In Heavy Smoke

Dr. Hovannes Kulhandjian, a Fresno State professor, has secured a patent for his new revolutionary firefighting technology designed to help firefighters detect people and...

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