TASS8h agoBusinessRussia
Private Investment in Russian Space Sector May Exceed 100 Billion Rubles by 2030
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- Private investment in Russia's rocket and space industry is projected to surpass 100 billion rubles ($1.3 billion) by 2030, according to Roscosmos Deputy General Director Grigory Maximov.
- He noted that private companies understand market dynamics and potential returns.
- In 2026, 5 billion rubles from the federal budget were allocated for Earth remote sensing imagery.
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Private investment in Russia's rocket and space industry is projected to surpass 100 billion rubles ($1.3 billion) by 2030, according to Roscosmos Deputy General Director Grigory Maximov. He noted that private companies understand market dynamics and potential returns. In 2026, 5 billion rubles from the federal budget were allocated for Earth remote sensing imagery.
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This article was originally published by TASS.
