Space industry of Russia in the context of "Russian Space Agency"

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⭐ Core Definition: Space industry of Russia

Russia's space industry comprises more than 100 companies and employs 250,000 people. Most of the companies are descendants of Soviet design bureau and state production companies. The industry entered a deep crisis following the dissolution of the Soviet Union, with its fullest effect occurring in the last years of the 1990s. Funding of the space program declined by 80% and the industry lost a large part of its work force before recovery began in the early 2000s. Many companies survived by creating joint-ventures with foreign firms and marketing their products abroad.

In the mid-2000s, as part of the general improvement in the economy, funding of the country's space program was substantially increased and a new ambitious federal space plan was introduced, resulting in a great boost to the industry. Its largest company is RKK Energiya, the main crewed space flight contractor. Leading launch vehicle producers are Khrunichev and TsSKB-Progress. The largest satellite developer is ISS Reshetnev, while NPO Lavochkin is the main developer of interplanetary probes.

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Space industry of Russia in the context of Roscosmos

The State Corporation for Space Activities "Roscosmos", commonly known simply as Roscosmos (Russian: Роскосмос), is a state corporation of the Russian Federation responsible for space flights, cosmonautics programs, and aerospace research.

Originating from the Soviet space program founded in the 1950s, Roscosmos emerged following the dissolution of the Soviet Union in 1991. It initially began as the Russian Space Agency, which was established on 25 February 1992 and restructured in 1999 and 2004 as the Russian Aviation and Space Agency and the Federal Space Agency (Roscosmos), respectively. In 2015, the Federal Space Agency (Roscosmos) was merged with the United Rocket and Space Corporation, a government corporation, to re-nationalize the space industry of Russia, leading to Roscosmos in its current form.

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