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April 7th, 2008

Nanotechnology to boost space industry

Abstract:
The Russian Federal Space Agency is teaming up with state tech giant Rosnanotekh to promoting nanotechnology in the country's key industries. With a budget of $US 5 billion, Rosnanotekh is poised to inject life-saving funds into Russia's long-neglected science departments

Head of Rosnanotech, Leonid Melamed, said the first project was to promote Russia's space industry.

"The current task is to create competitive advantages for Russia`s space agency using nanotechnology. This will help our space industry not only to maintain its current market position but also to enter other international markets," Melamed said.

Under the agreement there will be a special department within the corporation working on aerospace projects.

Source:
russiatoday.ru

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