Sea Launch Exits Bankruptcy Under Russian Ownership

PARIS (10/28/10) By Peter B. de Selding — Commercial launch-services provider Sea Launch formally exited Chapter 11 bankruptcy protection Oct. 27 and on the same day received a cash investment of about $55 million from its new Russian owners, Sea Launch President Kjell Karlsen said Oct. 28. A second payment, for approximately the same amount, is […]

U.S. Regulators Approve Energia’s Purchase of Sea Launch

Sea Launch President Kjell Karlsen. Credit: Space News photo by Abby Brack

PARIS (9/10/2010) By Peter B. de Selding — The U.S. government has approved the purchase by a Russian space hardware builder of commercial launch service provider Sea Launch Co., an event that should trigger the flow of cash to the launch operator in the […]