Ukraine President: Cyclone-4 to Have Updated Schedule

Ukraine President Viktor Yanukovich. (Credit: State Space Agency of Ukraine)

Ukraine Space Agency PR — The project “Cyclone-4 – Alcantara” is on schedule, the President of Ukraine Viktor Yanukovych said in an interview with Ukrainian media in Sao Paulo.

“We now go on to the updated schedule, which developed in the last year,” said Victor Yushchenko. He added that the delay in project implementation has been linked to funding problems, press services report.

The head of state called the project profitable, and it will give the opportunity to develop the aerospace industry.

The President expressed confidence that the technologies used in Ukraine within the project “Cyclone-4 – Alcantara” can be used also in the national economy. “This technology, which we will gradually transfer to the national economy. This is the latest technology – something we very often do not have enough,” said Viktor Yanukovych.