S7 Group purchases Sea Launch
The transaction for the purchase of the project asset complex has been closed
S7 Group announces the closing of the transaction for the purchase of the asset complex of the Sea Launch project. The completion of the procedure means that S7 Group has become a rightful owner of the maritime launch platform and has obtained all necessary permits from the US regulating bodies.
“All documents have been executed, agreed upon and signed. Now S7 Group owns the asset complex and the intellectual property of Sea Launch. First of all, we are planning to restart the launches from the space launching platform as quickly as possible. After that, we plan to perform launches from Sea Launch at least four times a year. We estimate, that we will manage to perform about 70 space launches in the next 15 years”, notes Sergei Sopov, CEO of S7 Space.
S7 Group signed a contract with Sea Launch group of companies for the purchase of the Sea Launch asset complex in September 2016 during the International Astronautical Congress (IAC) 2016 in Guadalajara (Mexico). The subjects of the deal are the Sea Launch Commander ship, the Odyssey platform mounted with rocket equipment, ground equipment in the base port of Long Beach (USA) and intellectual property rights owned by Sea Launch Company, including the trademark.
To manage the project, S7 Space (full name — S7 Space Transportation Systems, LLC), a subsidiary company of the holding company, was established in Moscow. Among its tasks is the provision of space services using Zenit-type launch vehicles as part of the Sea Launch project (Zenit-3SL) and the Ground Launch project (Zenit-3SLB) from the Baikonur Cosmodrome. Besides, S7 Sea Launch Limited, based in the United States, has been established. Long Beach is the base port of the company.
Currently, the company has successfully launched the Zenit-2SB LV with the Fregat-SB upper stage and the Angosat-1 spacecraft from the Zenit-M launch site in the Baikonur Cosmodrome. S7 Space acted as a launching operator commissioned by RSC Energia and performed a range of works on the analytical integration of the Angosat spacecraft with the space rocket system, as well as mission analysis and management at the system level, including the cooperation of international cooperative enterprises, including State Enterprise PA Yuzhmash, State Enterprise Yuzhnoye Design Office, JSC NPO Lavochkin, Federal State Unitary Enterprise TsENKI Centre for Operation of Space Ground-based Infrastructure and Federal State Unitary Enterprise Academician Pilyugin Centre.
S7 Group is the largest private air and space holding company in Russia, that unites companies operating in the field of air transportation, maintenance, as well as in the use of outer space. In particular, the holding company includes S7 Airlines, a oneworld® global airline alliance member.
The airline operates scheduled flights to 205 destinations in 36 countries, including CIS countries, Europe, the Middle East, Southeast Asia and the countries of the Asian-Pacific region.
S7 Airlines carried more than 14.2 million passengers in 2017.
The holding company also includes S7 Space Transportation Systems company, which is licensed to carry out space activities in the Russian Federation.
Sea Launch is a mobile maritime launch platform and also a similar-named international consortium operating the launch platform. The complex was created to service launches of various-application space vehicles from the mobile maritime launch platform to low-earth orbits. The launch point is located in the equatorial area of the Pacific Ocean where the best conditions for launches can be taken advantage of through effective use of the Earth’s rotation. The first launch was made from the platform in 1999.