The space industry has been fully indigenized, Issa Zarepour said, adding that 11 satellite launches were launched during the two years of the current administration in office, which is unprecedented.
Speaking at the conference of the National Day of Space Technology, the ICT minister emphasized that the administration has paid special attention to the space industry.
Iran has high capabilities and potential to further enhance its technical know-how in space technology, he said.
Iran has managed to gain great achievements in the space field since the glorious victory of the Islamic Revolution in 1979, he stated, IRNA reported.
Iran is currently among the top 10 countries in the space industry nad has managed to localize this significant industry, the ICT minister highlighted.
Iran has manufactured a satellite launcher, indigenized satellite carriers and also land data receiving stations, so the country can now launch its homegrown satellites to orbit using the indigenized satellite carriers, he added.
He further noted that a $500 million budget will be allocated for the development and progress of the space industry, $150 million of which has been earmarked already.