The Joint-Stock Company «National Company «Kazakhstan Gharysh Sapary» (hereinafter - the Company) was created under the order of the Government of the Republic of Kazakhstan of March 17th, 2005, No. 242 «About creation of the Joint-Stock Company «National Company «Kazcosmos» with the total share of the Government in the authorized capital. It was renamed on the basis of the order of the National space agency of the Republic of Kazakhstan of August 2nd, 2007, No. 32.
The company is established for the purpose of realization of the Governmental program «Development of space activity in the Republic of Kazakhstan for 2005-2007» ratified by the Decree of the President of the Republic of Kazakhstan of January 25th, 2005, No. 1513 (hereinafter - the Decree).
The basic directions of the Company's activity under the Decree are:
- participation in elaboration and realization of current, long-term interindustrial programs in the field of space activity of the Republic of Kazakhstan;
- implementation of space technologies directed onto solving social and economic problems of the Republic of Kazakhstan;
- carrying out development activities in creation of space systems and complexes.
The Company in its activity is guided by the Law of the Republic of Kazakhstan «About joint-stock companies» of May 13th, 2003, and the legislation of the Republic of Kazakhstan and the Company charter.