Gazprom is selling its satellite manufacturing company
The Russian monopoly Gazprom plans to sell Gazprom SPKA, a company engaged in the assembly of spacecraft in the Moscow region, to the private firm Novy Start.
The deal, which is expected to close by the end of 2026, will allow the gas giant to divest a non-core asset, while the buyer will acquire a ready-to-use production facility and a Mission Control Center (MCC).
Thanks to this acquisition, the new owner will be able to rapidly expand its own capabilities to quickly enter the commercial satellite manufacturing market.
However, industry experts note that the financial viability of this deal will directly depend on the availability of a stable and guaranteed order portfolio.
Industry specialists describe the motivations of both parties in detail.
“New Start wants to rapidly expand its space assets and build a vertically integrated company. They will gain both a production facility and design expertise. Gazprom, meanwhile, has long been looking to divest itself of a non-core asset. It’s a good asset, but under current Russian conditions, the company doesn’t know what to do with it,” said one participant in the Russian space technology market.
The buyer is the joint-stock company “Novy Start,” which was officially registered in March 2025 in Moscow.
Information about the actual co-owners of this company is currently completely hidden in the state registries of the Russian Federation.
The company’s CEO is Alexander Bloshenko, a former deputy head of the state corporation Roscosmos.
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