The team is a founding member of the Armenia Basketball League A. Urartu was founded in 2016 with the players who participated for national team in the European Championship for Small Countries played just months before.

In its debut first season, the club joined the Russian Basketball Super League,[1] but after nine rounds the team resigned to continue playing due to financial difficulties.

[2] In 2017, the team joined the newly created Armenia Basketball League A, becoming one of the seven clubs that played the first season.

[3] Despite finishing the regular season with a perfect balance of 12 wins in 12 games, Urartu was eliminated in the semifinals by Artsakh.

Tigran Gyokchyan managed the team during the same period until late 2017 when he was replaced by Sargis Stepanyan.