Contents tagged with Vostochny

  • Kremlin admits: Billions stolen in construction of Vostochny Cosmodrome

    More than 10% of the funds allocated to the construction of the Vostochny Cosmodrome were stolen, said Kremlin Spokesperson Dmitry Peskov on Monday, November 11. “A total of 11 billion rubles (around $172 million) was stolen, 3.5 billion rubles ($55 million) has been recovered,” Peskov said, noting that, overall, the equivalent of $1.4 billion was allocated to the construction of the spaceport.

    Putin’s press secretary noted that, at first, 128 court cases were initiated, although these were …

  • Russia aborts cargo spaceship project

    Russia’s space sector continues its plummet into crisis. As a result of the sharp decline of the proportion of commercial launches on the world markets and the disruption of the Vostochny cosmodrome’s construction deadline, the attempt to create a replacement for the Progress cargo spaceship has ended in failure.

    A source in the rocket and space sector told RIA Novosti that the development of the TGK PG (cargo spaceship with increased payload capacity), which has been underway since 2016, has …