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...

Armenian Startup ArtyTraders Launches World’s First Instant Art Valuation, Bringing Wall Street Precision to a $3 Trillion Market

In a world where a single brushstroke can be worth millions, one Armenian-founded startup is redefining how art is valued, traded, and understood. ArtyTraders,...

Starbucks Explores Entering Armenian Market Amid Rising Investment amd Tourism Growth

On October 8, Armenia’s Economy Minister Gevorg Papoyan met with Starbucks-Alshaya Group Eurasia Vice President Figen Ilgaz and Property Director Hanzade Kugu to discuss...

Armenia Approves €150 Million Loan Deal with French Development Agency to Cover 2025 Budget Deficit and Strengthen Financial Sector

The Armenian Cabinet approved on Thursday a new loan agreement between the Armenian government and the French Development Agency (FDA). Deputy Prime Minister Tigran...

Armenia’s President Meets Amazon & Libra Group Executives to Boost High-Tech, AI, Cybersecurity and Renewable Energy Projects in Armenia

During his working visit to New York, President of Armenia Vahagn Khachaturyan met with Franco Spicciariello, Director of Public Policy for the European Union...

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