Russian SR Space to Launch Own Super-Light Class Orbital Rocket with Investors' Help

The private space company became the first to enter the pre-IPO market in its category. And the new rocket is not the only goal of the investments it attracts

SR Space management does not rule out that secondary trading of the company's shares will open on the new Moscow Exchange platform as early as the beginning of 2025. The space industry is seen as promising for development and investment: the total volume of the aerospace market in Russia is now about 400 billion rubles, and by 2030 it will reach 1 trillion rubles.

This direction is also a priority for the state: Russia has a number of projects designed to explore outer space. The private space company hopes to reach an IPO in the next 4 years.

SR Space notes that there are not so many growing markets in Russia that can provide a return growth of 6-7 times in 3-4 years. And they consider cooperation with a space company a good opportunity to "earn money in a promising and fast-growing market".

According to the company itself, going public on pre-IPO will give it an annual growth of 3-4 times in the coming years. At the same time, investors will be able to receive a return that will grow by at least six times.

The attracted investments will allow SR Space to:

  • establish the necessary production facilities, build ground infrastructure, complete R&D and test key products;
  • motivate existing employees and attract new high-level specialists;
  • start building satellite constellations based on the Cubesat standard for climate monitoring of greenhouse gases in the Earth's atmosphere, obtaining optical images and providing high-quality satellite communications and Internet access;
  • launch an orbital rocket of super-light class;
  • improve its own artificial intelligence for working with space data;
  • confirm all commercial expectations for the implementation of products, both in the Russian and international markets.

Earlier it became known that Roscosmos will also be allowed to earn extra money on satellites and the development of the rocket and space industry. The bill, which will allow the state corporation to issue its bonds, is already in the State Duma, and it has been supported by the Ministry of Finance and the Central Bank.

SR Space

A private Russian space company, developer of suborbital and orbital launch vehicles of super-light and light classes, small spacecraft and satellite constellations. Founded in 2020.

SR Space provides services for software and hardware support, software development for calculating the parameters of launching launch vehicles and spacecraft based on mathematical modeling methods, machine learning algorithms, programming languages C++, Python, Go, MATLAB and others. It already has rocket launches, fire tests of its own rocket engine and its own platforms for satellites.

Another area of the company's work is the reception, storage, processing and analysis of space data, including D33 images. To ensure a technological advantage in this area, the company is developing platform solutions based on a stack that includes TypeScript, Go, Vue, Gin, Axios, OpenLayers, MySQL. SR Space notes that it has already created four IT services for analyzing satellite images and remote sensing data.

Subsidiaries of the SR Space holding operate under a Roscosmos license to carry out space activities and are among the residents of innovative scientific and technological centers in Russia.

Read materials on the topic:

Russian "SPUTNIKS" will launch an octopus and the "ArcticSat" satellite into space to work with space weather

Not a fly will pass: the Russian private space company SPUTNIKS will launch a nanosatellite with a super-hyperspectrometer

Applied for the first time: Russian Gonets-M1 satellites will receive new frequency ranges

The Russian Starlink from Bureau 1440 is already transmitting signals between satellites and to Earth

Advertising will appear on space rockets, satellites and equipment in Russia