- Parabolic Arc
- November 29, 2023
Energia Says “Nyet” to Consolidated Rocket Holding Company Proposal
Russian space rocket corporation Energia head Vitaly Lopota on Wednesday rejected as a “non-market” measure the idea of establishing an engine holding company in the domestic space industry.
“This proposal would completely eliminate the competitive environment in the country,” Lopota said….
Russian Space Agency Roscosmos head Vladimir Popovkin had previously said Russia planned to create a single holding company for booster rocket production to integrate the country’s leading space vehicle producers Khrunichev and TsSKB Progress, and also an engine-building sub-holding company to include engine makers Energomash, the Khimavtomatiki design bureau, the Voronezh mechanical works, Proton PM and other firms.
Russian Prime Minister Dmitry Medvedev ordered the government in summer to work out a plan to improve Russia’s space industry organizations, after a string of mishaps that he said have compromised Russia’s image as a leading space power.
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