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Roscongress Foundation and GLONASS sign agreement on cooperation

16 April 2020
Фонд Росконгресс и АО «ГЛОНАСС» договорились о сотрудничестве

The Roscongress Foundation and GLONASS have signed an agreement on cooperation. The agreement outlines the joint development and promotion, including on an international level, of domestic competencies in the area of processing technologies for telematic big data, as well as participation in the creation of digital platforms for the transport sector. The two parties are also planning to join forces and organize an industry fund to support innovative projects in navigation and communication technologies, the Internet of things, artificial intelligence, and microelectronics.

The partnership will increase the production of high-tech and advanced navigation and communication technologies and electronic manufacturing as a share of domestic production in Russia, boost the number of organizations implementing technological innovations in the field, and raise investment in scientific research and cutting-edge developments in the industry. In addition to this, the cooperation agreement is designed to increase the competitiveness of domestic projects on the international stage and help to unlock the export potential of the navigation and communication solutions receiving support.

The document was signed by Chairman and CEO of the Roscongress Foundation Alexander Stuglev and CEO of GLONASS Igor Milashevsky.

«Developing partnerships is especially important during these difficult and economically unstable times. This is especially true for high-tech manufacturing, the electronics industry and the innovations sector, since projects in these areas require support, development and investment more than ever before, including on the international stage. We are delighted with the new areas of cooperation with GLONASS and are confident that this agreement will pave the way for a long and productive partnership,» said Alexander Stuglev.

«We are grateful to the Roscongress Foundation for its willingness to join forces in the development of innovative technologies. The joint implementation of high-tech projects bringing on board the technical, organizational and financial resources of both sides will accelerate the introduction of promising new domestic solutions and developments, broadening the area of application of the infrastructure and capabilities of GLONASS. Our expertise in developing digital solutions is seeing demand on both the Russian and international markets and we are confident that, thanks to this partnership with the Roscongress Foundation, its potential will be realized more quickly and more effectively,» commented Igor Milashevsky.

Cooperation between the two parties will also involve the creation of platform solutions at various levels, including nationwide and regional projects to create digital platforms and services, industry and corporate solutions for optimizing transport and logistics activities, and industrial services based on telematic big data.

The Roscongress Foundation and GLONASS have benefited from expert-led partnership for several years now. Members of the company’s top-level management have appeared as speakers at themed sessions as part of numerous Roscongress events, including the Eastern Economic Forum, the Russian Energy Week, and the Forum of Innovative Financial Technologies FINOPOLIS 2019.