Investment in Russia’s private space sector could exceed $1.3 bln by 2030

AI Summary

Investment in Russia's private space sector is projected to exceed $1.3 billion by 2030, with 5 billion rubles allocated from the federal budget for Earth remote sensing imagery services to government authorities in 2026, as stated by Roscosmos Deputy General Director Grigory Maximov.

According to Roscosmos Deputy General Director Grigory Maximov, some 5 bln rubles was allocated from the federal budget for the provision of Earth remote sensing imagery to government authorities in 2026