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Russia’s Space Programme

roscosmos

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#1    Waspie_Dwarf

Waspie_Dwarf

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Posted 22 November 2013 - 01:50 PM

Russia’s Space Program Lacks Private Investment – Official


RIA Novosti said:

MOSCOW, November 21 (RIA Novosti) – Current state restrictions hinder the private sector from financing the development of Russia’s space industry, a senior space official said Thursday.

Russia is expected to spend 2 trillion rubles ($70 billion) on its space program up to the year 2020, but only 72 billion rubles will come from private investors ($2.2 billion), according to Denis Lyskov, deputy head of Russia’s space agency, Roscosmos.

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