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Aerospace Innovation Valley

Company

History

2023: Agreement on the establishment of a competence center for the use of the results of space activities

TERRA TECH JSC (part of the Russian Space Systems holding of Roscosmos State Corporation) and the Management Company of the Aerospace Innovation Valley Innovative Scientific and Technological Center (INTC AKID) will develop the Competence Center for the use of space activities results, created at the INTC AKID. Such cooperation provides for an agreement between the companies. This was reported on November 23, 2023 by the RKS. Read more here.

2022: Mishustin approved the creation of a scientific and technological center

At the end of April 2022, Prime Minister Mikhail Mishustin signed a decree approving the creation of the Aerospace Innovative Valley Innovative Scientific and Technological Center (INTC). Its main areas of activity will be aerospace, biomedical and information technologies, as well as electronics and radio engineering, the press service of the Cabinet of Ministers reports.

The initiators of the emergence of the center, which will be built in the Ryazan region, were the Moscow Aviation Institute (national research university) and the regional government. INTC resident companies will develop advanced technologies, unique materials and new types of products.

Mishustin approved the creation of the Aerospace Innovation Valley

It is assumed that the emergence of the Aerospace Innovation Valley will create 2.8 thousand jobs and by 2031 will increase tax revenues to the budget of the Ryazan region by 5.6 billion rubles.

More than 30 companies have already announced their desire to participate in the work of the INTC, which are developing about 60 innovative projects. In addition, the United Aircraft Corporation, Almaz-Antey East Kazakhstan region, Roscosmos and Tactical Missile Weapons Corporation JSC expressed interest in cooperation.

As the governor of the Ryazan region Nikolai Lyubimov noted, the INTC has serious prospects and opportunities.

{{quote 'For the Ryazan region, this project is extremely significant. It is able to diversify the structure of industrial production towards the development of new types of competitive products. The center will become a powerful growth point for the economy and science of the region and will contribute to high-quality import substitution, an increase in the presence of Russian companies in promising markets. This is now especially significant, - the governor's words were quoted in the regional government. }}[1]

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