ILS Goes Russian

Khrunichev Purchases Majority Interest in International Launch Services

“ILS International Launch Services Inc., a world leader in launch services for commercial satellites, announced today that Khrunichev State Research and Production Space Center acquired the shares of ILS owned by majority shareholder, Space Transport Inc. Financial details were not disclosed. The transaction was completed today. Vladimir Nesterov, General Director of Khrunichev, said: “Building on our strong working relationship with the ILS team, this transaction will cement ILS’s leadership role in the commercial launch services industry.”