MOSCOW, July 12. / TASS /. Space exploration using only private investment cannot develop without state participation, Kremlin spokesman Dmitry Peskov said on Monday.
âOf course, space exploration is actually impossible without the leading role of the state. The process is too expensive, too huge and capital intensive,â Peskov said, responding to a question of whether private space initiatives could emerge in Russia without similar state participation. to the suborbital flight carried out by British billionaire Richard Branson on July 11.
Space projects based solely on private money “are also a very rare example,” said the Kremlin spokesman.
âNormally, private cosmonautics is linked in one way or another to quasi-state support. This relates to various forms of grants, loans, public procurement, etc.,â he explained. .
Nevertheless, investments in this field will increase more and more and the applied nature of space exploration will also increase, “the Kremlin spokesman stressed.
âAs this applied nature develops, the amount of private investment will increase,â Peskov said.
Private initiatives in space exploration are also being implemented in Russia, Peskov said. “We are the country where private investment has been made for several years now. You can remember the Sea Launch project where private investment was a substantial part,” the Kremlin spokesman said.
Branson’s suborbital flight
Billionaire and founder of Virgin Galactic, Branson, and the five other company staff on Sunday flew to the edge of space, climbing to an altitude of 86 miles aboard the space plane powered by the Unity-22 rocket. The space trip lasted about an hour while the space travelers experienced weightlessness for several minutes. In addition to the billionaire, the crew included test pilots Dave Mackay and Michael Masucci, Virgin Galactic chief research operations officer Sirisha Bandla, chief operations engineer Colin Bennet and chief astronaut instructor Beth Moses. .
The head of Russian space company Roscosmos, Dmitry Rogozin, told TASS that, hopefully, Russian billionaires “will also start spending money” on developing space technologies.