Russian Deputy Prime Minister Dmitry Rogozin recommends seeking off-budget funds and developing public-private partnership in space exploration projects.

"Another dimension is the search for an off-budget financing source. It is directly related to the role we play on the global space market," he said at a meeting of the Federal Space Agency Board. "It is a shame that Russia holds 3% of the space market, the market of space services," he said.

According to the deputy prime minister, this falls drastically short of Russia's capacities and ambitions. Rogozin believes the industry has a vast potential, primarily in the field of work coordination.

"The Federal Space Agency in its new form, after the establishment of the United Rocket and Space Corporation, is supposed to set the tone, the speed and the tempo of development of the space services market," the vice-premier assured.

"It is time to take practical advantage of the possession of unique means by the Russian space [industry]," he said. Public-private partnership is another resource, Rogozin said.

"We are on the verge of the appearance of private structures, organizations, which are an alternative to state [entities], and they will expand their presence on the space services markets and, in particular, deal with the deployment of spacecraft," Rogozin said.

The Federal Space Agency is bound to play a prominent role and coordinate interaction with the private sector, he emphasized.

Source: Voice of Russia