Russia to invest 70 billion dollars in space program until 2020
Russia will invest heavily in the period 2013 – 2020 in its space program, which is designed to keep Moscow among world’s leading space powers, informs RIA Novosti.
Russia to pump $70 billion into its space program in the next 7 years (pic: alexpgp/Wikimedia)
He added that the space program would allow Russia to participate in projects such as the International Space Station and research on the moon, Mars and other celestial bodies.
Medvedev considers that in terms of the space industry, Russia was probably the greatest world power and that position should be maintained in the future.
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Dmitry Paison, director for development at the Skolkovo space cluster, said that the upcoming space plan delivers the proper framework for other space-related projects.
“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,” Paison added.
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