© RIA Novosti. Oleg Urusov

Russia to Aim for 15% of Global Space Market – Medvedev

Topic: Russian space programs
09:42 23/02/2013

HAVANA, February 23 (RIA Novosti) – Russia plans to increase its share of the global space market from the current 10 percent to 15 percent, Russian Prime Minister Dmitry Medvedev said in an interview published on Saturday.

The plan was first outlined in Russia’s state program for the space industry, published in January.

“We want to be not just a leading scientific power, a space researcher country, but also a player on the space service market,” Medvedev said during a trip to Cuba.

He did not give a timeframe for increasing the market share. The state program published in January has 2020 as its planning horizon.

“We were the first in space, and we believe it’s our competitive advantage. But it’s impossible not to invest in space. If we just pride ourselves on the launch of the first satellite and Gagarin’s flight, we’ll simply lag behind,” Medvedev told Cuban media.

Russia’s prime goals in the field include bringing more satellites into orbit and participating in international launches, Medvedev was cited as saying.

Read more: Russia to Aim for 15% of Global Space Market – Medvedev — Ria Novosti.

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