Ukraine To Develop Space Industry

UKRAINE SPACE

The foundation of Ukraine's space potential is its launch vehicles, including the Zenit, Cyclone and Dnepr (pictured) rockets.

Kiev, Ukraine (UPI) Jun 29, 2005
President Viktor Yushchenko has signed a decree to develop Ukraine's space industry, the National Space Agency of Ukraine has reported.

Yushchenko, the NSAU said in a statement, decreed that development of space technologies and their effective use in the interests of the national economy, defense and security would be considered one of the country's main goals.

He also charged his Cabinet with allocating the money necessary for Ukraine's National Space Program for 2007-2011, within the national budgets for 2006 and subsequent years, as well as attracting loans from international financial organizations.

The Ukrainian space industry grew by 16 percent last year. Earnings from the industry's products reached more than $200 million in 2004, or 12 percent more than in 2003. Some 38 percent of the products were sold abroad, the NSAU statement said.

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EUROPLEX

Europe Boosted By Galileo And Fusion Project

Paris (UPI) Jun 28, 2005
Two pieces of good news arrived Tuesday to shore up Europe's sagging self-esteem, after the twin disasters of the EU constitution and June's budget summit in Brussels.

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