Support The Moscow Times!

Space Firm Integration Under Way

The Federal Space Agency has completed the first stage of the integration of space companies, said Vladimir Popovkin, head of the agency, Interfax reported.

He said space companies had been merged into 12 larger entities, adding that further mergers were "inevitable." "Integration is necessary, but we'll take a very careful approach," he said.

Popovkin also said the agency had almost doubled funding for the development of spacecraft.

He said a third of the funds allocated for the agency were currently being used to develop spacecraft.

Popovkin said that currently Russian companies had to lease communications channels transmitted by foreign satellites for broadcasting and to buy foreign satellite images. He added that this situation should be changed.

(MT)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.