MOSCOW, Aug 9 — Moscow is losing prestige and money due to botched space projects, Prime Minister Dmitry Medvedev said today after Russia junked two satellites in the latest launch failure to dog the once-pioneering industry.

The failure of a workhorse Proton rocket after launch on Monday caused the multimillion-dollar loss of Indonesia’s Telkom-3 and Russia’s Express-MD2 satellites, according to Russia’s space agency.