Subscribe free to our newsletters via your
. 24/7 Space News .

US Suppliers Could Lose Global Space Market Share Over Sanctions
by Staff Writers
Moscow (RIA Novosti) Aug 13, 2014

File image: Igor Komarov.

US companies producing space-qualified components could lose some of their global market share due to Washington's sanctions, which prevent them from trading with Russia, the head of Russia's United Rocket and Space Corporation (URSC), Igor Komarov, said.

"There's growing discontent in Russia, as well as globally, with the fact that the overwhelming majority... of radiation-resistant components are produced in the United States. I think if they press ahead with these sanctions, their [market] share in 3-4 years will drop far below 50 percent," Komarov said in an interview with the Rossiya-24 TV channel.

Long-term sanctions against Russia could also force the country's space industry to rely less on imports and more on its own efforts.

"It's likely that we will eventually get together and stop relying on our long-time partners in space exploration, such as the United States... and other countries that have already joined or are about to join the sanctions," Komarov asserted.

The URSC head said Russia must learn to build key components and equipment on its own "to ensure our autonomy and independence."

On Thursday, the URSC announced it was going to draw up an import substitution program for Russian space companies by the end of 2014.

The United States and European Union have been imposing targeted sanctions against sensitive sectors of Russia's economy since its re-unification with Crimea's in March.

Although imports of space technologies are exempt from the US-EU dual-use technology ban, Washington has been pushing for the NASA space agency to curb communications with its Russian counterpart, Roscosmos.

The United States is now also seeking to put an end to US dependency on Russia for flights to the International Space Station.

Source: RIA Novosti


Related Links
The latest information about the Commercial Satellite Industry

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Canadian astronaut Chris Hadfield visits EIAST
Dubai, UAE (SPX) Aug 11, 2014
Canadian astronaut and former commander of the International Space Station, Chris Hadfield, visited the Emirates Institution for Advanced Science and Technology (EIAST), and met with a group of executives headed by H.E. Yousuf Al Shaibani, Director General of EIAST. During the visit, the parties discussed several aspects of space science and Hadfield explored the successful achievements of ... read more

China to test recoverable moon orbiter

China to send orbiter to moon and back

August supermoon will be brightest this year

Manned Moon Mission to Cost Russia $2.8 Bln

Opportunity Heads to 'Marathon Valley'

NASA Mars Curiosity Rover: Two Years and Counting on Red Planet

Robotic Rock Climbers Could Uncover Clues to Mars' Past

Russia To Construct Landing Pad For ExoMars Mission

Study Compiles Data on Problem of Sleep Deprivation in Astronauts

Aerojet Completes CST-100 Work for Commercial Crew Work

Introducing this year's underground astronauts

American Spaceports

China Sends Remote-Sensing Satellite into Orbit

More Tasks for China's Moon Mission

China's Circumlunar Spacecraft Unmasked

China to launch HD observation satellite this year

ATV completes final automated docking

NASA's Space Station Fix-It Demo for Satellites Gets Hardware for 2.0 Update

ESA's cargo vessel ready for space delivery

Robonaut Upgrades, Spacewalk Preps and Cargo Ops for ISS Crew

Optus 10 delivered to French Guiana for Ariane 5 Sept launch

SpaceX to build world's first commercial rocket launch site in south Texas

Ariane 5 is readied for Arianespace's September launch with MEASAT-3b and Optus 10

ATK Passes Critical Design Review for NASA's Space Launch System Booster

Rotation of Planets Influences Habitability

Planet-like object may have spent its youth as hot as a star

Young binary star system may form planets with weird and wild orbits

Hubble Finds Three Surprisingly Dry Exoplanets

Lockheed taps GenDyn unit for Space Fence ground equipment structures

Canada's MDA receives radar antennas for satellite use

Disney develops method to capture stylized hair for 3-D-printed figurines

Cisco to cut 6,000 jobs in streamlining

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.