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                        FRIDAY, APRIL 26, 2024
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$260 million needed to complete Cyclone-4 project, says space agency
Journal Staff Report

KIEV, April 12 – Some $260 million is required to complete the Cyclone-4 (Tsyklon-4) international space project, the Ukrainian Space Agency's head, Yuriy Alekseyev, told the press on Monday.

"Today around $280 million has been spent and around $260 million more will be required… Unfortunately, Brazil has invested $50 million more in the project compared to Ukraine," he said.

He said that large-scale financing of the project would be restored in April. He said that this would become possible thanks to amendments made to the Budget Code of Ukraine.




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