Sea Launch release

Sea Launch Assesses Status and Plans for Next Steps


Long Beach, Calif., February 1, 2007 – Following the unsuccessful launch 
of the NSS-8 spacecraft on January 30, and subsequent safing of all 
systems, Sea Launch is now in the process of securing the Odyssey Launch 
Platform and taking initial measures to determine the root cause and 
implement necessary corrective actions. Applications for all necessary 
permits and licenses required to proceed with these activities are also 
in process.

A preliminary assessment of the Odyssey Launch Platform indicates that, 
while it has sustained limited damage, the integrity and functionality 
of essential marine, communications and crew support systems remains 
intact. The vessel is operating on its own power and is currently manned 
by the full marine crew. This team is performing a comprehensive 
assessment of all aspects of the vessel, including its structural 
integrity and sea-worthiness, in anticipation of identifying and 
planning the next steps. The team on the Sea Launch Commander is in 
excellent condition and is supporting these activities. The Commander 
incurred no damage during yesterday’s launch attempt, as it was 
positioned four miles from the Launch Platform at the time of lift-off.

The Sea Launch partners will be conducting an independent investigation 
to review relevant data, determine root cause, and develop 
recommendations for corrective actions. In accordance with established 
procedures, Sea Launch is establishing a Failure Review Oversight Board 
(FROB) to review the partners’ findings, conclusions and 
recommendations. Kirk Pysher, vice president and chief systems engineer 
for Sea Launch, will chair this board. The main activity of the FROB 
will commence once the partner-led independent investigation is complete.

"We deeply regret the loss of the NSS-8 satellite, which was designed to 
be a significant part of the SES NEW SKIES fleet. We are receiving 
consistent expressions of confidence in our system and our team from our 
customers and the insurance community," said Rob Peckham, president of 
Sea Launch. "We have begun to discuss a plan for a Return to Flight.

"The safety of our people is our number one priority. The Sea Launch 
team is the best in the business and will continue to work diligently to 
understand the anomaly, identify the root cause and determine a 
corrective course of action. As we move forward, we are maintaining a 
positive, progressive mind-set and a dedication to excellence."

Sea Launch is an international launch service provider, based in Long 
Beach, Calif. Using a floating platform, one of two ocean-going vessels, 
Sea Launch lifts its Zenit-3SL rocket from a position on the equator at 
154 degrees West Longitude. The Sea Launch partners include Boeing, RSC 
Energia, Aker ASA and SDO Yuzhnoye/PO Yuzhmash. For more information, 
please visit the Sea Launch web site at: www.sea-launch.com. We will 
continue to post updates on this site, as available.

###

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