Bazoomq Space Research Lab
With the support of SASTIC, Bazoomq is to accomplish the launch of Armenia’s own satellite, Hayasat-1, the development and preparation of which was carried out in Armenia by Armenian specialists. In November 2023, the first domestic satellite will be launched into space through SpaceX’s Falcon 9 rocket.
Funded companies
Hayasat-1 - Armenia's first CubeSat
What we do
Invest
We write first checks for early-stage Armenian STEM startups, and fund labs, grants and programs that build the pipeline behind them.
Mentor
Founders get working sessions with members across IT, AI/ML, finance, law, chemistry and biology - operators, not observers.
Connect
A global network of Armenian scientists and tech leaders opens doors to customers, partners and follow-on capital.
Members decide what gets funded.
Apply
Founders and researchers apply with something real - a prototype, a lab, a classroom.
Select
The Projects Review Committee screens every application.
Technical review
Members who work in the field examine what's actually being built.
Business review
Finance and operating members test the plan behind the science.
Terms
Grant or investment terms are set openly and voted on.
Fund & track
The check is written and progress is published, named and tracked on this site.
146 applications reviewed 19 backed 6 in review right now
Funded work
Bazoomq Space Research Lab
With the support of SASTIC, Bazoomq is to accomplish the launch of Armenia’s own satellite, Hayasat-1, the development and preparation of which was carried out in Armenia by Armenian specialists. In November 2023, the first domestic satellite will be launched into space through SpaceX’s Falcon 9 rocket.
Funded companies
Hayasat-1 - Armenia's first CubeSat
TACTUN
With TACTUN, manufacturers can now harness the power of AI without needing extensive coding knowledge, making automation and optimization more accessible than ever before.
This investment not only enhances technological advancements but also strengthens Armenia's position in global innovation and contributes to sustainable economic growth.
Funded companies
ArmBionics
SASTIC supports ArmBionics, an Armenian company developing advanced prosthetic arms and HeroApp, a digital platform that connects users, devices, and therapists through real-time monitoring, therapeutic games, and a supportive community to enhance rehabilitation and independence.
Funded companies
“We started SASTIC because Armenia doesn't have a talent problem - it has a coordination, continuity, and commitment problem. When visionary professionals systematically engage, plan long-term, and execute together, we can tackle the most strategic challenges our nation faces.”
- Armen Khachatryan, Founder
Built by its members
Whether in Yerevan, Gyumri, Boston or Paris, 78 members connect through Telegram, Slack and live calls to review projects, mentor founders and vote on what gets funded. This isn't a mailing list - it's a living network of thinkers, mentors, scientists and builders.
Get SASTIC updates - one email a month.
What got funded, what's in review. No filler.



