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Satellite (formerly Sitronics Space)

Company

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Owners:
AFK Sistema - 90%

Content

Owners

History

2024

Renaming and transfer to the direct ownership of AFK Sistema

Sitronics Space was excluded from the Sitronics Group and received a new name - Satellite Group. Now it is directly subordinate to AFK Sistema. The reorganization was completed in November 2024.

The result was that AFK Sistema received 90% of Sputnik Group of Companies. At the same time, Sitronics Group, from which Sitronics Space was separated, remained part of AFK.

In December 2024, it also became known that Roscosmos and leasing companies had already signed contracts with Sputnik for the supply of satellites.

Appointment of Pavel Cherenkov as the new CEO of Sitronics Space

In August 2024, Pavel Cherenkov was appointed CEO of Sitronics Space (a subsidiary of Sitronics Group in the field of space activities) instead of Nikolai Sevastyanov, who headed the company from January 31, 2024. Read more here.