National Project "Space": a focus on private investment and large-scale goals

President Vladimir Putin approved a new national project "Space" with total funding:

— 2.2 trillion ₽ — in 2026-2030

— over 5 trillion ₽ — until 2036

The project includes eight federal areas, including:

"Satellite communications and Earth observation" — 301.9 billion ₽ (until 2030), 1.03 trillion ₽ (until 2036)

"Navigation and time" — 139.1 billion ₽ / 381 billion ₽

"Manned spaceflight" — 584.6 billion ₽ / 998.2 billion ₽

"Sovereign access to space" — 280.3 billion ₽ / 810.1 billion ₽

"Space Science" — 228.7 billion ₽ / 669.7 billion ₽

The goal is to attract business:

"Roscosmos" intends to increase the share of private investment from 5% (2024) to 35% (2034) and take 28% of the global launch services market. This is possible due to:

transfer of enterprise shares to private companies,

reducing the cost of launches by more than 2 times.