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S7 Group prepares for closing of the transaction on purchase of SRC "Sea Launch"

S7 Group prepares for closing of the transaction on purchase of SRC "Sea Launch"

Completion of all procedures that are a part of this transaction is planned in March 2018. In real time, S7 Group of Companies has received a number of key licenses of state agencies of the USA (including in January 2018) and approval of the transaction by U.S. State Department.

Before S7 Group already got an approval of purchase of the Sea Launch complex by CFIUS and DTSA.

Now S7 Group organizes works on a conclusion of space-rocket complex from conservation regime (it is transferred to conservation regime in 2014) and the order of a flight equipment is made for preparation for launch activity.

A number of key producers of spacecraft have already shown the interest in providing launch services to them by means of SRC "Sea Launch".

S7 Group plans to resume launch activity of the space-rocket complex "Sea Launch" at the end of 2019. The LLC S 7 STS subsidiary (S7 Space) will act as the operator of launches. The company plans to carry out 12 launches with SRC "Sea Start" during the period from 2019 to 2022.

S7 Space is the first private company that is carrying out launch activity. In December 2017 by request of RSC “Energia” S7 Space acted as an operator of launch from Baikonur Cosmodrome of the Angosat-1 spacecraft, provided a complex of works on analytical integration of the satellite with a space missile system "Zenit M", on analysis and mission management.

For reference:

In September 2016 within the International Astronautical Congress IAC 2016 in Guadalajara (Mexico) S7 Group declared signing of the contract with “Sea Launch” Group of Companies, providing purchase the space-rocket complex of the same name.

"Sea Launch" is the international commercial project of a space-rocket complex of sea basing. For his realization in 1995 the company of the same name which founders was American “Boeing”, the Russian RSC “Energia”, the Norwegian ship-building enterprise “Kvaerner” (nowadays “Aker Solutions”) and the Ukrainian “Yuzhnoye” and “Yuzhmash” has been created.

With use of the space-rocket complex "Sea Launch" 36 launches of spacecrafts (33 successful launches) was already carried out.
S7 Group prepares for closing of the transaction on purchase of SRC "Sea Launch"