JSC "Russian Space Systems" (RKS) announced the acquisition of a controlling stake in PJSC "Yaroslavl Radio Plant". According to the press service of the enterprise, the deal will allow RKS holding to increase production capacity for serial production of an expandable range of space products.
The further development of PJSC Yaroslavl Radio Plant is expected within the framework of the Program of Strategic Transformations of Space Instrumentation Enterprises approved by the Supervisory Board of the State Corporation Roscosmos in February 2021. This program defines the technological and production appearance of one of the most important components of the Russian rocket and space industry - and assumes the expansion of the integrated structure of space instrument-making enterprises, which will include 17 companies, research institutes, design bureaus and assembly plants. The acquisition of YARZ is the first such transaction since the creation of the Roscosmos State Corporation.
"Today, the Yaroslavl Radio Plant has significant competencies in the production of high-tech import-independent radio-electronic products, as well as professional means of communication, control and navigation. In the strategy of the holding, YARZ should become our base plant for space instrumentation. Integration will reduce the cycle of production of new products, in particular, target and service unified onboard equipment, including communication repeaters, satellite navigation equipment, low-frequency and high-frequency equipment for use in advanced space systems, including small spacecraft," said Andrey Tyulin, Director General of the Russian Space Station.
The entry of the Yaroslavl Radio Plant into the RKS holding involves the optimization of business processes for the transfer of new design and technological solutions of developers from experimental to mass production to form a full cycle of development and manufacture of rocket and space technology products. The participation of YARZ will ensure the further movement of the Russian rocket and space industry to full import independence in the supply of space products and instrumentation.
"Capacities, modern technologies and engineering potential The Yaroslavl Radio Plant will allow the RKS Holding to expand the production of radio-electronic equipment for space purposes. According to the plans, the radio plant will become the center of geographically distributed serial production of unified equipment, and will also take part in the development of unique equipment of small series. Modern digital technologies of organization and management with access to design documentation through a virtual work environment significantly optimize costs and improve the quality of products. The formed closed production cycle will significantly reduce the time of product development in production," said Vladimir Filimonov, General Director of YARZ.
The development strategy of the RKS holding provides for further expansion of the development of high-tech promising target and service onboard equipment for commercial space systems and global projects, including multi-satellite groupings. The presence of a production site within the holding with the possibility of large-scale production of unified products will strengthen the position of the RCS in the market of equipment for completing multi-satellite groupings consisting of several hundred and thousands of spacecraft planned to be created both within the framework of state programs and with the involvement of private capital.
Since 2018, RKS Holding and YARZ have been jointly improving close production cooperation on the creation of various on-board equipment. The production system of the Yaroslavl Radio Plant, adjusted to the specifics of the space industry, allows timely and high-quality execution of key orders. It is assumed that as part of the in-depth integration, the radio plant will also participate in the production of products for non-space industries, including the aviation industry, shipbuilding, fuel and energy complex, agriculture and other related markets.
