A group of Russian engineers has raised over £17,000 to launch a reflective satellite which would be one of the brightest objects in the night sky.

The team behind the proposed 'Mayak' or 'Lighthouse' satellite have raised 1.8 million rubles (£17,500) at the time of writing, surpassing their initial goal of 1.5 million rubles.

These funds will go towards research and the development of prototypes, but the ultimate goal is to launch the satellite into orbit.

Once the small satellite is in space, it will unfurl a large, pyramid-shaped solar reflector, desigend to catch as many of the sun's rays as possible.

The team claim that it will turn the satellite into the brightest object in the night sky (after the Moon), and will serve to remind the world "who was the first in space" - that's Russia, if you were wondering.

The enigneers have apparently been in talks with Russian space agency Roscosmos to place the Mayak satellite aboard a Soyuz-2 rocket which is scheduled to take off in mid-2016 - however, it's not clear whether they'll be able to meet this tough deadline.

Contributors to the crowdfunding campaign on Russian website Boomstarter can get a series of perks, depending on how much they give - those who donate 100,000 rubles (£970) get a Mayak-branded telescope, while a 300,000 ruble (£2,900) contribution is rewarded with an invite to Baikonur Cosmodrome in Kazakhstan to watch the launch live.

Although one of its aims is to remind the world of Russia's dominance of space, the team also hope it will help get young people enthusiastic about science and space exploration.