✉news ScienceSpace Policy first seen 13 h ago, last 6 h ago, peak #23
S7's Sea Launch venture sits idle after a decade-long bet
Original: A decade ago, Russian airline group S7 bet on a floating spaceport to break into the commercial launch market. Yet Sea Launch hasn’t launched a rocket in more than 12 years.
Russian airline group S7 invested in Sea Launch, the floating spaceport it hoped would carry it into the commercial rocket launch market. More than ten years after the bet and over twelve years since the platform last launched a rocket, the venture has delivered no flights. Observers point to sanctions, financing problems and the troubled state of Russia's space industry as reasons the project stalled.
Why now: The venture's long inactivity highlights the decline of Russia's commercial space ambitions at a time when its space sector is under scrutiny.
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