Russia to expand commercial space services

Russia will expand its commercial space services and push the US and the European Union out of that market, a minister has said.

Last Updated: Jun 30, 2012, 09:54 AM IST

Moscow: Russia will expand its commercial space services and push the US and the European Union out of that market, a minister has said.

Deputy Prime Minister Dmitry Rogozin said Russia needs to expand its presence on the space market.

Russia today is a leading provider of space launch services in the world, but that only accounts for three percent of the world`s space market.

"Everything else is dominated by the Americans and Europeans," Rogozin said.

The federal space agency Roscosmos is to draw up a long-term space programme, a "stage-by-stage roadmap for decades ahead", he said.

IANS