Energia: ISS funding problem "catastrophic"
Posted: Mon, Oct 20, 2003, 8:08 PM ET (0008 GMT)
The head of the Russian company that builds the Soyuz and Progress spacecraft used for the International Space Station said Monday that a lack of Russian government funding has created a "catastrophic" situation. Yuri Semonov, head of RSC Energia, said that the Russian government has failed to provide money promised for the second half of 2003 earmarked for the assembly of Soyuz and Progress spacecraft, forcing the company to take out loans.. As a result, Energia has stopped work on spacecraft that had been under assembly at the company's facilities. "The financial situation is catastrophic," Semonov was quoted as saying. He also criticized the US and Europe for not providing funding to build additional spacecraft required while the space shuttle remains unavailable. An official with the Russian space agency Rosaviakosmos said that the Russian government would provide Energia with the required funds "shortly", according to the AP.
The head of the Russian company that builds the Soyuz and Progress spacecraft used for the International Space Station said Monday that a lack of Russian government funding has created a "catastrophic" situation. Yuri Semonov, head of RSC Energia, said that the Russian government has failed to provide money promised for the second half of 2003 earmarked for the assembly of Soyuz and Progress spacecraft, forcing the company to take out loans.. As a result, Energia has stopped work on spacecraft that had been under assembly at the company's facilities. "The financial situation is catastrophic," Semonov was quoted as saying. He also criticized the US and Europe for not providing funding to build additional spacecraft required while the space shuttle remains unavailable. An official with the Russian space agency Rosaviakosmos said that the Russian government would provide Energia with the required funds "shortly", according to the AP.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
Apex becomes billion-dollar company with $200 million Series D round
Posted: Sun, Sep 14 4:09 AM ET (0809 GMT) |
|
news links
|
|
Monday, September 15
Elon Musk's Starlink reports service outage, thousands of users affected
Reuters — 1:23 am ET (0523 GMT) What does the loss of U.S. Space Command mean to Colorado Springs?
Denver Post — 1:21 am ET (0521 GMT) SpaceX Launches Northrop Grumman Cargo Ship To ISS
Aviation Week — 1:18 am ET (0518 GMT) SpaceX launches Falcon 9 rocket from Cape Canaveral on Sunday
WESH-TV Orlando — 1:18 am ET (0518 GMT) Apollo 13 made Jim Lovell a legend generations after the space race
The Hill — 1:09 am ET (0509 GMT) |
