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SRC "Sea Launch" purchase

     S7 Group declares closing of the transaction on purchase of a property complex of “Sea Launch” project. Completion of this procedure means that S7 Group became the full owner of the floating spaceport, having got all necessary permissions from regulating boards of the USA.

   "All documents are processed, approved and signed. Now S 7 Group  is the owner of property complex and the intellectual property of "Sea launch". Plans of the Company represent to recover launch activities of the spaceport as soon as possible. Further, we plan to perform launches from "Sea launch", at least, four times a year. By our estimates, within the next 15 years we will be able to carry out about 70 space launches", the CEO of S 7 Space, Sergey Sopov, noted.

     S7 Group signed the contract with “Sea Launch” Group of companies providing purchase of the property complex "Sea Launch" in September, 2016 within the International Astronautical Congress (IAC-2016) in Guadalajara (Mexico). The subjects of transaction are “Sea Launch Commander” ship and “Odyssey” launch platform with the equipment of a rocket segment installed on them, the land equipment in HP Long Beach (USA) and all intellectual rights belonging to “Sea Launch” Company including the trademark.

     For project management S 7 Group created the subsidiary company in Moscow, S 7 Space (the complete name – LLC S 7 Space Transportation Systems). Its tasks include provision of space services with use of "Zenit" launch vehicles within “Sea Launch” project ("Zenit-3SL") and within “Land Launch” project ("Zenit-3SLB" launch from Baikonur Cosmodrome). Besides that, S7 Sea Launch Limited Company, which is based in the USA, was formed. Home Port is Long Beach.

     Now there is one launch of LV "Zenit" with “Fregat-SB” Block and Angosat-1 SC from Baikonur Cosmodrome on the account of “S 7”, which was carried out on December 27, 2017. S 7 acted as operator of launch by request of RSC “Energia” and provided a complex of works on analytical integration of SC “Angosat” with a space-rocket system, including interaction of the entities of the international cooperation, including SC “Yuzhmash", CB “Yuzhnoye”, JSC NPO Lavochkina, Federal State Unitary Enterprise “TsENKI” and Federal State Unitary Enterprise “SPC”.
S 7 Group is the largest private Aircraft and Space holding of Russia uniting the companies performing activities in the sphere of air transportation, maintenance and also in the field of use of Space. In particular, the holding includes S 7 Airlines, the participant of the world’s global aviation alliance.
     S 7 Airlines carries out regular flights in 162 directions to 26 countries of the world, including the CIS countries, Europe, the Middle East, Southeast Asia and Asia-Pacific countries. Following the results of 2017 S 7 Airlines transported more than 14, 2 million passengers.

     “Sea Launch” is the floating launch spaceport. “Sea Launch” is also the international consortium on operation of the spaceport. The complex was created for rendering launch services of spacecrafts of different function from the mobile Launch Platform of sea basing to the Earth orbits. Launch point is located in the equatorial zone of the Pacific Ocean where there are best conditions for launch due to effective use of speed of rotation of the Earth. The first launch from the Platform was performed in 1999.а

SRC "Sea Launch" purchase