"Space is an area of activity where there is never a 100 percent guaranteed result, and failures hound everyone," he said, discussing the risk in private space ventures.
"In the West, particularly in America, 70 percent of space services are provided by satellite constellations created by private companies," highlighting the disparity in private investment in Russia.
"Right now, the dynamic growth of private space is being influenced by the general economic situation, high inflation and interest rates," emphasizing the challenges faced by investors.
"The Russian government is seeking to stimulate private investment in space by offering a guaranteed demand for services and forward contracts," detailing efforts to boost the sector.
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