Sea Launch Back in Business
Sea Launch AG successfully launched Eutelsat’s Atlantic Bird 7 yesterday, the first launch for the company since it emerged from bankruptcy last year.
Sea Launch AG uses the Zenit 3SL launch vehicle, the first two stage of which are Ukrainian. The third stage is Russian. Zenit-3SL is launched from a converted mobile oil rig that moves from its home port in Long Beach, CA to the equatorial regions of the Pacific Ocean for launch.
The original company, Sea Launch, was owned 40 percent by Boeing, with Russia, Ukraine and Norway (which converted the oil rig) owning the remainder. It filed for bankruptcy in 2009. It completed its Chapter 11 reorganization process in October 2010, emerging as a Russian corporation, Energia Overseas Ltd. with headquarters in Switzerland. Energia Logistics Inc., a U.S. corporation, manages rocket assembly and satellite integration operations at the existing home port in Long Beach, according to a company press release.
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