Russia plans to double space industry output by 2020

With the retirement of the US space shuttle fleet the only way American astronauts can get to the ISS is tucked inside Russian Soyuz spacecraft. It seems Russia wants a larger part of the space industry and has announced that it plans to double the output of its space industry by 2020. The plan comes as part of a new state program announced over the weekend.

91df4  178734583 580x328 Russia plans to double space industry output by 2020

Russia believes that the increase in output for the space industry would give it a 16% share in the space technology market by 2020. Russia currently has 10.7% of the space technology market according to officials. Part of Russia’s plan is to create a new Angara launch vehicle. Russia also wants to continue development of the Vostochny spaceport in the Russian Far East.

The plan will also see Russia making improvements to its Glonass satellite navigation system. Glonass is the Russian equivalent of GPS satellites used in the US and other countries. The top priority for Russia under the new plan is space industry development with a secondary goal of scientific research. Russia’s third goal with the new program is manned spaceflight.

However, manned spaceflight could move up the hierarchy after 2020 when the International Space Station is expected to end its mission. The new space program will cost Russia $ 69 billion including private investments, which are virtually nonexistent in Russia’s space program at this time. The Russian government approved the new plan in late December and the plan has only now been published. Reports also indicate that Russia’s plan has a classified section, which was not made public.

Russia plans to double space industry output by 2020 is written by Shane McGlaun & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.
91df4  qeBCqdWg2DY Russia plans to double space industry output by 2020

GD Star Rating
Be Sociable, Share!
  • more Russia plans to double space industry output by 2020

 © 2012 Cool Gadgets Definitive Guide.

Cool Gadgets Definitive Guide is your latest source for cool gadgets and gizmos news and reviews. Find cool gadgets and the latest gizmos, a cool gadget blog featuring smartphones, gizmos and cool stuff for geeks. We have avid readers and feature the latest gadgets in United States of America, United Kingdom, Canada, Australia, Ireland, South Africa, New Zealand, Philippines, Singapore, India, Hong Kong, Puerto Rico, Nigeria, India, Pakistan, Russia, China, Brazil, Saudi Arabia, Japan, Malaysia, Germany, Dubai, Italy and Ghana.