IMF: Ukraine Space Sector Possibly Suffered 80 Percent Revenue Loss

The first stage of Orbital Sciences Corporation's Antares rocket is shipped out from Yuzhnoye design bureau in Ukraine. (Credt: Yuzhnoye)
The first stage of Orbital Sciences Corporation’s Antares (aka, Taurus II) rocket is shipped out from Yuzhnoye design bureau in Ukraine. (Credt: Yuzhnoye)

The International Monetary Fund estimates the Ukrainian space industry lost up to 80 percent of its revenues following the Russian invasion of the eastern part of the country.

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