Russia to invest $7 bn in space programmes in 2011April 8th, 2011 - 5:34 am ICT by IANS
Moscow, April 8 (IANS/RIA Novosti) Russia has earmarked about 200 billion rubles ($7 billion) for space programmes in 2011, Prime Minister Vladimir Putin has said.
Putin said Russia would develop a whole range of new capabilities over the next five years.
“We need new-generation space equipment, featuring greater reliability and service life,” he said.
This requires a “deep modernisation” of space industry enterprises, as well as significant investment in research and development programmes, the prime minister said.
Putin directed the space agency Roscosmos, in conjunction with the Russian Academy of Sciences, to draw up long-term space research plans by August this year.
- Russia looks for commercial space projects - Apr 13, 2012
- Russian space firm accused of $17 mn fraud - Jul 10, 2012
- Russia to spend $3.8 bn on space programmes in 2011 - Jan 12, 2011
- Anti-crisis measures cost Russia about $100 bn : Putin - Jan 18, 2012
- Russia may spend $12 bn on satellite navigation system - Feb 08, 2012
- Russia to double ballistic missiles production from 2013 - Apr 20, 2011
- Space industry a priority for Russia: Putin - May 01, 2011
- Putin's presidential campaign goes online - Jan 12, 2012
- Russia to launch 100 military satellites - Feb 23, 2012
- Putin top campaign spender - Mar 02, 2012
- Russia to raise coal output to 430 mn tonnes - Jan 24, 2012
- Putin confirms Medvedev to be PM, given election win - Dec 02, 2011
- Moscow to spend about $892 mn on hospitals' renovation - Apr 25, 2011
- Putin wants changes in Russian space industry - Sep 01, 2012
- Russia to expand commercial space services - Jun 30, 2012
Tags: academy of sciences, bn, conjunction, generation space, modernisation, moscow, new generation, next five years, prime minister, research and development, ria novosti russia, roscosmos, rubles, russian academy of sciences, space agency, space equipment, space industry, space research, term space, vladimir putin