Oleg Mansurov, founder and CEO of private space company SR Space, in an interview “To Kommersant” He stated that the price of satellite production in the Russian Federation increased by 30 percent due to sanctions.
Sanctions and restrictions on technology exports severely limit access to components and technology for some countries, which affects the speed and cost of satellite development in Russia, Mansurov said.
“As a result, the cost of satellite devices in Russia has increased by 20-30%. “Launch costs have also increased due to the increase in the cost of components for the creation of launch vehicles and the increase in the costs of ensuring the operation of launch complexes,” shared Mansurov.
He explained that previously the cost of launching an average satellite could range from $60 million to $80 million, but now it can go up to $100 million, depending on the type of satellite and launch conditions.
Before that, at the plenum of the State Duma approved An agreement was signed between Russia and China on the joint creation of the International Scientific Lunar Station (ISS).
Previously reportedDue to sanctions, Russia’s revenues from oil and natural gas decreased by a quarter.