S7 Group Acquires Sea Launch Assets

Zenit lifts off with communications satellite. (Credit: Sea Launch)
Zenit lifts off with communications satellite. (Credit: Sea Launch)

MOSCOW, Sept. 27, 2016 (S7 Group PR) — S7 Group today announced that it has signed an agreement with Sea Launch Group to acquire the assets of the Sea Launch complex. The contract was signed today on the sidelines of the IAC 2016, the International Astronautical Congress taking place now in Guadalajara, Mexico.

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Sea Launch Could Be Coming Back

Zenit lifts off with communications satellite. (Credit: Sea Launch)
Zenit lifts off with communications satellite. (Credit: Sea Launch)

It looks as if the moribound Sea Launch company could have a new lease on life.

Majority owner Energia has scheduled a press conference with the S7 Group on Tuesday during the International Astronautical Conference in Guadalajara, Mexico. The invitation promises a major announcement about the future of the long troubled venture.

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