Putin Signs Decree Creating United Rocket and Space Corporation

Russian Prime Minister Vladimir Putin tours RSC Energia in July. (Credit: Russian Federation Government)
Russian President Vladimir Putin tours RSC Energia. (Credit: Russian Federation Government)

Last week, Russian President Vladimir Putin signed a¬†decree to¬†establish the United Rocket and Space Corporation, an entity designed to consolidate much of the nation’s space industry under one entity while reducing inefficiencies and redundancies.

The move comes after three years of embarrassing and costly launch failures overseen by the Russian space agency Roscomos, which will have its role shifted to contracting, coordination and policy implementation.