Russia’s ailing space industry to double output by 2020

PanARMENIAN.Net - An ongoing reform of Russia’s ailing space industry should double its output by 2020, according to a new state program published on Saturday, Jan 12.

The increase should give Russia a 16-percent share in the space technology market by 2020, up from the current 10.7 percent, said the program, available on the website of Russia’s Federal Space Agency.

Goals outlined in the program also include creation of the new Angara launch vehicle, development of the Vostochny space port in the Russian Far East and improvements to the Glonass satellite navigation system.

Space industry development is named the top priority in the document, followed by scientific research. Manned spaceflight has only the third-highest priority, though the program says that it would change after 2020, when the International Space Station is expected to end its mission.

The program reiterates a plan voiced late last year to unite dozens of Russian space industry enterprises into five to seven major holdings and to attract private investors.

The program’s price tag is put at 2.1 trillion rubles ($69 billion), including private investment, which is virtually nonexistent at the present.

The program was passed by the government in late December, but was not published before. It also reportedly contains a classified section, which was not made public, RIA Novosti reported.