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Russian Airline Owner to Challenge Musk, Bezos in Space
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Filev family’s S7 says it’s buying Sea Launch rocket platform
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Buyer aims to restart commercial launches after 2-year hiatus
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A Russian airline entrepreneur wants to join the space race, challenging Elon Musk’s Space Exploration Technologies Corp. and Jeff Bezos’ Blue Origin LLC with a plan to launch commercial rockets.
S7 Group, the owner of Russia’s S7 Airlines, agreed to buy the floating rocket platform Sea Launch from a group of investors and aims to restore its operations after a more than two-year hiatus, the family-owned company said. S7 Group co-founder Vladislav Filev described the deal as an “admission ticket” into the aerospace industry.