Navigation Equipment Market Supports Establishment of GLONASS Technology Park in «Skolkovo»

2014-12-24 10:29:25

Workgroup on the development and application of GLONASS system approved the proposal of Skolkovo fund on the establishment of GLONASS technology park. According to the original design, the park must become a starting point in the commercialization of GLONASS-based services.

Small and medium-sized businesses will be able to carry out their activities in the park. Funds for development projects will be provided by “Skolkovo” reserve fund and by co-investors. Now, for the park to be established, it is necessary to gather support of possible partners, including non-commercial partnership GLONASS.

Deputy General Director of Omnicomm Stanislav Emelyanov in a commentary for RUBEZH magazine shared his views on the establishment of technology park: "The idea of creating an industrial park for GLONASS developers looks interesting and attractive for Russian business, since technology always needs investments. Previously, “Skolkovo”, Foreign Economic Affairs Bank, "Rusnano" or Russian Venture Company did not express interest in this matter. I hope that this initiative will come as a powerful stimulus for the development of GLONASS technologies in our country."

Considering the possibility of Omnicomm participation in the project, Emelyanov said that his company always takes part in ambitious projects around the world and this is no exception. "From our side we are ready to support the initiative on the establishment of an industrial park in Skolkovo and share our long-term experience” - sums up Emelyanov.

GLONASS support fund plans to invest 5 billion rubles; 3 billion rubles will come from private investors.


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