Content |
Owners
SR Space (formerly Success Rockets) ― a private Russian company that includes the competencies necessary to generate, transmit and analyze big data obtained using space infrastructure. Work is underway on its own ultra-light class solid-fuel launch vehicles, satellite platforms for small spacecraft of three modifications, space tugs for low Earth orbits and interplanetary missions, constellations of satellites for data transmission, and artificial intelligence for processing space data of various types.
Performance indicators
2024: Revenue growth of 62% to ₽453,8 million
The turnover of the SR Space holding in 2024 increased by 62% and reached ₽453,8 million against ₽283,4 million a year earlier. The company spent a significant part of its revenues on research and development work - ₽108,9 million, which is 24% of the annual turnover. This became known on February 21, 2025.
According to ComNews, the SR Drones direction showed significant growth in the company's revenue structure, having increased eightfold to ₽109,6 million. State support amounted to ₽12,7 million or 2.81% of the total turnover. At the same time, SR Space paid taxes in the amount of ₽73,5 million.
Despite revenue growth, according to bo.nalog.ru, the company recorded a net loss of ₽154,2 million in 2024, while in 2023 it received a net profit of ₽555 thousand.
FG Finam analyst Leonid Delitsyn explains the loss by the significant costs of promoting innovative products, including pilot projects and trial contracts to familiarize consumers with the company's products and services.
According to the SR Space investment memorandum, it is planned to reach revenue of ₽112,4 billion by 2030. The company intends to raise ₽1,5 billion through a pre-IPO by June 27, 2025. In 2024, it was possible to attract ₽23,47 million.
The representative of the press service of SR Space announced the ongoing negotiations with investors and the need to agree on the results of the placement of securities with the Bank of Russia. In 2025, the company plans to focus on developing directions related to data and satellites, but refrains from specific revenue forecasts until the pre-IPO is completed in the first quarter of 2025.
Leonid Delitsyn believes that the company has a chance to complete the pre-IPO on time, since the amount of funds raised in 2024 does not have a direct connection with potential investments in 2025, especially with a possible change in the foreign policy situation.[1]
History
2024
Holding a pre-IPO for 23.47 million rubles. It was planned to attract 1.53 billion rubles
SR Space, as part of a pre-IPO held in October 2024, attracted investor applications for 23.47 million rubles. In total, a private aerospace company received applications for 8535 shares at a cost of 2750 rubles apiece. SR Space issued 555,555 shares under a closed subscription on an additional issue and planned to raise 1.53 billion rubles, that is, 65 times the amount that it managed to collect. The funds raised are planned to be used to develop and create new capacities.
Building a system to control drones from space
Russia For the first time, an innovative remote control system for unmanned aerial vehicles (UAVs) was created directly from space. As the general director of the aerospace holding SR Space said in early June 2024, Oleg Mansurov the technology allows the operator in orbit to Lands fully control drones in airspace.
 | The demand for this kind of advanced solutions really exists. Despite some slowdown due to the lack of external funding, we expect to demonstrate the capabilities of our system in July 2024, - said the head of the holding. |  |
According to him, a demonstration experiment using a new domestic development is planned to be implemented within the framework of the design and educational intensive "Archipelago." Mansurov admitted that the exact date will be determined later, depending on technical readiness.
According to the general director, the system of space control of UAV complexes has no analogues in the world. Its creation will allow Russia to reach the forefront and completely eliminate dependence on foreign technologies in this area. The decision is especially relevant in the context of increasing international tensions.
He added that the new development will provide a significant increase in the effectiveness of the operational use of drones due to the efficiency and expanded coverage of the control. So, from space, operators will be able to coordinate the actions of drones in the most remote regions, carry out their guidance on specified targets and control movements.
Mansurov stressed that the innovative system will be in demand both in the interests of law enforcement agencies and the Ministry of Emergency Situations, and in civilian industries. It will significantly increase the effectiveness of the use of drones for aerial monitoring, geodesy, logistics and other tasks. Due to the space component and the lack of binding to ground communication channels, drone control will become more flexible and secure.[2]
2021: Attracting 310 million rubles of investments
In April 2021, it became known about the investments of the creator of the domestic messenger "Seraphim" Anton Nemkin in the company Success Rockets. The entrepreneur, along with two other investors, invested 310 million rubles.
The founder of the startup Oleg Mansurov and the representative of Anton Nemkin told Forbes magazine about investing in Success Rockets. The shares of investors in a private space company were not disclosed.
Success Rockets intends to spend the attracted investment on the work. In particular, the company plans to conduct flight tests of the rocket, create technological samples of the tug and small spacecraft and build a system for servicing commercial orders for the analysis of space images. The money received will be enough for about a year, Mansurov said.
Anton Nemkin, in addition to creating the Seraphim corporate messenger, is known as the founder of the Vladex crypto exchange project. In addition, according to the Russian Service and Forbes, BBC he worked in. FSB
Not a single startup in Russia has yet set such ambitious goals as Success Rockets, Ivan Kosenkov, senior project manager of the Skolkovo Foundation's advanced production technology cluster, told Forbes. According to him, for their implementation you need a design bureau of at least 50 engineers. He noted that it is difficult to understand who will be Success Rockets customers: by April 2021, more than 70% of the satellite data market is a state order.
To create a line of launch vehicles and satellites, an industrial base and operator activities, the company will need at least 7-10 years if it worked in the US market, and in Russia this period will be even longer, Kosenkov said.
Andrei Ionin, a corresponding member of the Tsiolkovsky Russian Academy of Cosmonautics, called the space market difficult, and Success Rockets, according to him, says that it will do everything on it that only a very large company can do.[3]
2020: Plan for the construction of a private cosmodrome for light missiles for 600 million rubles in Dagestan
At the end of December 2020, Success Rockets announced the conclusion of an agreement with Dagestan Development Corporation JSC on the construction of a private cosmodrome for ultra-light missiles. The volume of expenses under the project is estimated at 600 million rubles. It is planned to attract funds from the state budget, as well as private investors. Read more here.
Notes
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |