Moscow: Russia's rocket and space industry is poised to become a key driver of national economic growth and technological sovereignty, Russian President Vladimir Putin announced. The remarks were made in a statement released by the Kremlin to mark Cosmonautics Day.

According to Namibia Press Agency, President Putin emphasized the importance of the space sector in enhancing the quality of life across Russia. He noted that the industry is not only crucial for economic development but also for ensuring the country's technological independence.

Putin highlighted the current role of Russia's rocket and space complex in addressing complex tasks, including the development of advanced equipment necessary for defense programs. This includes contributions to the Special Military Operation, underscoring the dual-purpose nature of space technology in both civilian and military applications.

Moreover, Putin urged continued progress in developing advanced manned spacecraft and rocket carriers. He stressed the necessity of integrating modern components, new materials, and technologies to maintain momentum in the space industry. The president's vision positions the space sector as central to Russia's future economic and technological strategies.