Russia’s Roscosmos, acting in its new role as a state corporation tasked with reforming Russia’s space industry, on April 19 said debt-ridden space-hardware builder Khrunichev Space Center had been provided with subsidies and loans to stabilize its accounts.
Decisions by separate French courts have removed an immediate threat to the business relationship between French and European launch-service providers and satellite fleet operators caught up in the dispute between the Russian government and the former shareholders of Russia’s Yukos energy company.
The May 29 statement by Roscosmos on the May 16 Proton rocket failure confirmed initial suspicions of a third-stage engine issue but otherwise left many questions unanswered about the failure’s origin.
Russia’s space industry reported a 13 percent decline in export revenue in 2014 but is otherwise midway through a broad restructuring designed to improve quality control, the Russian Space Agency, Roscosmos, said.
NASA said March 28 it welcomed a Russian commitment to continue operations of the International Space Station beyond 2020, but indicated there were no firm plans to work together on a successor space station.
The Russian space agency, Roscosmos, on Feb. 24 announced that it will remain a part of the international space station until 2024 before detaching the Russian modules and forming its own outpost in low Earth orbit.