Fergani Space CEO Selchuk Bayraktar announced that the company's first satellite will be launched this year. The company plans to launch 130 Fargoni satellites into space by 2030.

Selcuk Bayraktar Fergani, chairman of the board of the Turkish aerospace company Baykar Yönetim, announced that the first satellite will be launched into space in 2024 as part of the Fergani Uzay (Ferghani Space) project.