Russia Plans $70 Billion in Space Spending Through 2020

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Roscosmos_logoRussia will spend about $70 billion on its space industry through the end of this decade in an effort to improve capabilities and foster innovation, according to media reports:

Russia will spend 2.1 trillion rubles (about $70 billion) under a state program for the development of the national space industry in 2013-2020, Prime Minister Dmitry Medvedev said on Thursday….

“The program will enable our country to effectively participate in forward-looking projects, such the ISS [International Space Station], the study of the Moon, Mars and other celestial bodies in the solar system,” he said.

Dmitry Paison, director for development at the Skolkovo space cluster, told RIA Novosti that the program provides the framework for other space-related programs.

“It comprises the Federal Space Program, the Federal Special Program for the Development of the Glonass System, the program for the development of space launch centers and the non-classified part of the program for the technical modernization of the industry,” he said.

Popovkin expects that Russia’s share of the global space services market to increase by 60 percent as a result of the boost in spending.

“We expect that Russia’s share on the world market of space rocket technologies will go up from today’s 10 percent to 16 percent,” he said….

The program will be implemented in two stages.

“By 2015 we shall restore the capabilities we had back in the Soviet era, and in 2015-2020 we are to create conditions for a breakthrough on the basis of new technologies,” Popovkin said.

This last statement is quite revealing. The Soviet Union broke up in 1991, so it will take nearly a quarter century for the Russian space program to recover from that devastating event. An organization that is still trying to fix things and recover lost capabilities has little energy or funding to move forward.

Sources

Russia Launches $70 Bln Space Program for 2013-2020 (RIA Novosti)

RF’s share on world market of space services may be up to 16 percent – the chief of the Russian space agency (ITAR-TASS)

2 Responses to “Russia Plans $70 Billion in Space Spending Through 2020”


  1. 1 banner man

    70 Billion promised so about 30-35 in reality what with the corruption ect…..

  2. 2 Linsey Young

    Not so much when you include getting Vostochny and Angara operational, not to mention developing the Soyuz replacement.

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