Putin Considering Establishing Space Ministry

Announced on Cosmonautics Day

On Cosmonautics Day, the Russian space industry was promised billions in funding and its own ministry to maintain its edge in manned spaceflight, and to overcome delays in work on commercial communications satellites and socially important projects.

"In the 21st century, Russia should preserve its status of the leading space power. Therefore, the development of our space capabilities is set to be the top priority of state policy. Our attention to this industry will be increasing," Russian President Vladimir Putin said.