Support The Moscow Times!

Sea Launch Back in Action

LONG BEACH, California — A communications satellite was boosted into orbit Saturday by a rocket from Sea Launch's floating pad in the equatorial Pacific, the first mission since the company ended bankruptcy protection.

The Zenit 3-SL rocket had no problems as it rose into space with the Atlantic Bird 7 satellite, according to a company web cast. The satellite will serve Eutelsat Communications's broadcasting markets across the Middle East, North Africa and Northwest Africa.

Sea Launch was formed in 1995, with Boeing a 40 percent owner among partners RSC-Energia of Moscow, Kvaerner of Oslo, Norway, and Yuzhnoye/Yuzhmash of Dnepropetrovsk, Ukraine. Sea Launch filed for Chapter 11 protection in the U.S. Bankruptcy Court in June 2009. It emerged in October 2010 with a new majority owner, Energia Overseas, a Russian corporation that invested well over $100 million.

(AP)

Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.