Yevgeny Fomichev was accused of widespread fraud after being questioned.
Russia’s space programme uses navigation equipment manufactured by a company whose leader was detained in Moscow and accused of serious fraud on Friday, according to official media. Yevgeny Fomichev has been charged with large-scale fraud, which carries a maximum 10-year jail sentence and a fine of one million rouble ($10,972), according to a law enforcement officer who was not identified and quoted by the TASS news agency.
Fomichev was placed in pre-trial detention until February 21 at the request of Russia’s Investigative Committee, which deals with major crimes, according to TASS. Moscow’s Basmanny District Court, which frequently handles high-profile cases, made the order. The firm Fomichev leads, NPP Geophysics-Cosmos, produces “optical electronic orientation and navigation devices for spacecraft” according to its website. The device is said to be utilised by nearly every Russian spacecraft. Nine pages of anti-corruption policy are available on the website, and they state that management must play a major part in fostering a climate in which corruption is not tolerated.
The August crash of Russia’s Luna-25 spacecraft, which was trying to land on the moon, dealt a severe blow to the country’s space effort. The inquiry determined that Russia’s first unsuccessful journey to the moon in 47 years was caused by a malfunction in an on-board control unit.

The Media Times – Unfiltered. Unbiased. Unstoppable.
Founded in 2012, The Media Times stands as a pillar of fearless journalism, committed to delivering raw, unfiltered, and unbiased news. In a world saturated with noise, we cut through the clutter, bringing facts to the forefront without agenda or compromise.From hard-hitting investigative reports to thought-provoking analysis, we cover politics, healthcare, business, technology, entertainment and global affairs with an unwavering commitment to truth. Our team of dedicated journalists and experts works relentlessly to challenge narratives, expose realities, and hold power accountable.At The Media Times, we don’t just report the news—we shape conversations, spark change, and empower the public with knowledge.
Truth is our weapon, integrity is our shield, and journalism is our battlefield.📢 Because the world deserves the truth. No filters. No bias. Just facts.