VALENCIA, SPAIN, May 06, 2014 /24-7PressRelease/ -- Former Chief Operating Officer of Orbital Technologies, Stiphan Beher attended the Global Russia Business Forum in Valencia, Spain hosted by Horasis, The Global Visions Community. Mr. Beher participated on the panel discussion of Rethinking Russia's Competitive Edge, where he supported diversification of Russia's economy through New Space development. Mr. Beher stated, "Russia's technology is on par with that of the United States, yet, generates only a small fraction of the global USD 300 Billion industry. Russia has a clear opportunity to grow its share of the global Space industry to take on the private enterprises now generating the bulk of the industry. Firms such as Energia need to take a more proactive role in the global marketplace."
Stiphan Beher served as Chief Operating Officer for Orbital Technologies since becoming involved early in 2012 when negotiating an equity investment on behalf of Royal Group UAE. Orbital Technologies is developing the Commercial Space Station. Mr. Beher has recently stepped down from Orbital Technologies to head SpaceTek, which plans to introduce a low orbit Space Station of its own by 2020.
SpaceTek Corporation is a New Space enterprise with plans to launch a low earth orbit Space Station. Recently established, the firm, headed by CEO, Stiphan Beher, is based in Phoenix and has been developing its infrastructure.
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