Rostec will assist Vietnam in developing aerospace

October 30, 2018

Press Release

 

Rostec is ready to expand its cooperation with Vietnam within the Republic’s national space programs. The State Corporation’s broad range of competences can help Vietnam in implementing its Space Technology Research and Application Strategy until 2020.

 

Rostec is actively developing the space industry. The holdings of the Corporation are extensively integrating advanced technologies in various areas of space exploration. Engines manufactured by the United Engine Corporation put Soyuz launch vehicles into orbit. Technodinamika produces life support systems for pilots and astronauts, including the Orlan-MKS space suit. Optical devices designed by Shvabe are applied to sense the Earth’s surface from satellites and are also used in major observatories of the world. RT‑Chemcomposite creates unique composite materials withstanding ultra‑high temperatures and extreme load.

 

“Russia and Vietnam have established long-term efficient partnership in various industries. Vietnam is successfully developing in space exploration, and we are ready to support our partner’s projects,” said Rostec CEO Sergey Chemezov. “Rostec has a significant research and technological groundwork in the space industry. We are ready to offer comprehensive solutions to our partners for implementation of Vietnam’s state space programs.”

 

Through Rosoboronexport and in the interests of foreign customers, Russian rocket and space industry enterprises build and launch space vehicles of different applications, manufacture ground systems for spacecraft control and complexes for receiving and processing data from observation spacecraft, as well as provide foreign partners with cartographic materials prepared based on space survey. Supported by Rosoboronexport, specialists from partner countries learn how to carry out thematic processing and analysis of data obtained by remote sensing of the Earth.

 

Rosoboronexport is ready to suggest unique comprehensive projects to the partners, as in the case when the first Malaysian astronaut Sheikh Muszaphar Shukor was sent to the ISS within the offset agreement to the contract for supplying Su-30MKM fighters.

 

Overall, Rosoboronexport has assisted in putting over 30 space vehicles from 14 countries into relevant orbits, including in the interests of the UK, Germany, Italy, China, Norway, Sweden, and the European Space Agency.

 

 

 

Rostec Corporation is a Russian corporation that was established in 2007 to facilitate the development, production and export of high-tech industrial products designed for civilian and military applications. The Corporation comprises over 700 organizations that are currently part of eleven holding companies operating in the military-industrial complex and four holding companies working in civilian industry, as well as over 80 directly managed organizations. Rostec’s portfolio includes well-known brands such as AVTOVAZ, KAMAZ, Concern Kalashnikov, Russian Helicopters, UralVagonZavod, etc. Rostec companies are located in 60 constituent entities of the Russian Federation and supply products to the markets of more than 100 countries. In 2017 the consolidated revenue of Rostec reached 1 trillion 589 million rubles, while the consolidated net income and EBITDA amounted to 121 and 305 billion rubles respectively. In 2017 the average salary in the Corporation was 46 800 rubles. According to Rostec’s strategy, the main objective of the Corporation is to ensure that Russia has a technological advantage in highly competitive global markets. Rostec’s key objectives include the introduction of a new techno-economic paradigm and digitalization of Russian economy.

 

 

 

 

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