A press release from the Ukrainian government:
Ukraine has called on Brazil to find financing in order to continue realization of the Cyclone-4 project.
Prime Minister Mykola Azarov announced during a meeting with Minister of Foreign Affairs of Brazil Antonio Patriota.
“An objectively successful project of our cooperation appears the Cyclone-4 Alcantara. The reliable realization of this project will contribute to increasing the authority of both your and our countries. In this complex situation the Government of Ukraine has approved a decision: for realization of this project to draw credit resources. We hope that the Brazilian side would use every opportunity to continue financing of their part of the project,” he said.
The release provides no details on precisely how much more Ukraine expects Brazil to put into the joint project, which began in 2002 with an expected first flight in 2006. The program has not launched a single rocket while suffering numerous delays and financial shortfalls. The maiden flight is now scheduled for sometime in 2014.
The launch vehicle is an enhanced version of the Soviet-era Cyclone-3 launch vehicle. It is designed to launch from Brazil’s Alcantara Space Center, which is located near the equator.