ArmInfo. Armenia's tech industry is ready for more ambitious programs, a broader international presence, and a deeper impact on the country's economic development, as stated by Ruben Simonyan, RA Deputy Minister of High-Tech Industry, during the 25th Annual Conference of the Union of Advanced Technology Enterprises (UATE).
He highlighted that currently, hundreds of tech companies are operating in Armenia, employing thousands of highly qualified engineers, and producing products that are competitive in international markets. In this process, he pointed out the important role of UATE as a platform for collaboration, idea generation, and industry consolidation. He compared the Union's activities over the past 25 years to the growth and maturation of Armenia's tech ecosystem.
Presenting the Union's quarter-century results, its Executive Director, Sargis Karapetyan, stated that 270 companies are now UATE members. By the end of 2025 alone, 73 of these companies were included in the list of the country's top 1,000 taxpayers, having contributed 129.4 billion drams to the state treasury. Furthermore, some Union members are among the country's top 5 taxpayers. In just one year, the number of Union members has grown by 25%, or 80 companies. Karapetyan expressed confidence that by the end of 2026, approximately 400 companies will have become UATE members, marking another step toward a stronger, more consolidated, and more competitive technology community. In his speech, UATE Chairman Alexander Yesayan emphasized that the increase in conference participants reflects the community's growth and unity.
The Minister of Education, Science, Culture, and Sports of Armenia, Zhanna Andreasyan, was also in attendance at the event. She highlighted UATE's significant impact on technological education through both substantive and systemic changes. She expressed satisfaction with the technology community's self- organization, willingness to take responsibility, and partner with the state. The head of the Ministry of Education, Science, and Culture, noted that technological education in Armenia also has export potential. She emphasized that, in addition to implementing a more targeted policy for developing technological education, it is also necessary to create a product that is potentially of interest to the world and will help increase Armenia's visibility.
Andreasyan also stressed the importance of the Armath laboratories, which help strengthen our schools. "This changes the lives of approximately 17,000 students every week, but it could also change the lives of the 430,000 who go to school every day. We must continue this work. We are serious and have goals that will contribute to technological education," the Minister said.
It is worth noting that the UATE Council and its chairperson were elected during the Conference. Alexander Yesayan, co-founder and CEO of Team Telecom Armenia, Firebird AI, and several other companies, was re-elected to this position.
According to the RA Statistics Committee, revenue in Armenia's ICT sector increased by 15.3% in 2025, reaching 1.2 trillion drams. The sector specifically saw a revenue of 514.1 billion drams, marking a 23.2% growth compared to the previous year.
