Vladimir Putin Dissolved Roscosmos Russia s Federal House Agency

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With the flourish of a pen earlier at present, Russian president Vladimir Putin officially put an end to Roscosmos, the country's federal space company. That decree capped off over a 12 months's value of organizational despair as the agency noticed its ten-year price range minimize (again), the lack of a handful of spacecraft and the misuse of over 92 billion rubles (or $1.8 billion) partly because of a pervasive culture of corruption. Don't worry in regards to the country's spacebound ambitions, though - Roscosmos can be reborn as a state-run company on January 1.

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