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Russia developing Soyuz-5 rocket to capture commercial launch market

The Soyuz-5 medium-class carrier rocket is being developed by Energia Space Rocket Corporation

© Piotr Gridin/TASS

MOSCOW, May 31. /TASS/. Russia is creating its new Soyuz-5 carrier rocket to capture the market of commercial launches. The new rocket will be competitive price-wise with its US rivals, Chief of Russia’s State Space Corporation Roscosmos Dmitry Rogozin said on Friday.

"We have some reserve potential as well and we are ready to compete with them. The Soyuz-5 rocket is aimed at capturing the commercial market, and not only for solving state objectives. It should be competitive price-wise so that even with all our rivals’ economic policy tricks, they won’t be able to cut it to a level that could pose a challenge to us," Rogozin said.

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