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by Staff Writers Moscow (UPI) Oct 7, 2011
Russia's space agency Roscosmos says it has decided to abandon the development of its Rus-M booster rocket because of inadequate funding. "We do not need a new rocket, we will use those that we have," Roscosmos chief Vladimir Popovkin said Friday. While more than 37 percent of the Roscosmos budget was allocated to develop a launch vehicle by 2015, Popovkin said, the funding is insufficient "so the launch of a new booster in 2015 is not in question." Popovkin made the remarks in a question-and-answer governmental session in the lower house of Russia's Parliament, ITAR-Tass reported.
Rocket Science News at Space-Travel.Com
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