Monday, December 28, 2015

Putin Abolishes Russian Space Agency (!), to be Replaced With State Corporation

With the flourish of a pen earlier today, Russian president Vladimir Putin officially put an end to Roscosmos, the country's federal space agency. That decree capped off over a year's worth of organizational despair as the agency saw its ten-year budget cut (again), the loss of a handful of spacecraft and the misuse of over 92 billion rubles (or $1.8 billion) in part thanks to a pervasive culture of corruption. Don't worry about the country's spacebound ambitions, though — Roscosmos will be reborn as a state-run corporation on January 1.

So, what does that actually mean? Well, we're not really sure yet.

1 comment:

Nat aS said...

"Rosocosmos will no longer be of any concern to us. I've just received word that Emperor Putin has dissolved the agency permanently. The last remnants of the Soviet Union have been swept away."