Putin Approves Roscosmos Merger with Conglomerate

摘要

Russian President Vladimir Putin has approved the creation of a massive new state corporation to absorb the duties of the Russian space agency and the holdings of the United Rocket and Space Corp. (URSC), a move that would eliminate the government entity known as Roscosmos. URSC is a giant holding company being established to consolidate most of Russia's government-owned space manufacturing enterprises, including RSC Energia and Khrunichev State Research and Production Space Center.