RKKE on Moscow Exchange

S.P. Korolev Rocket and Space Corporation Energia

Logo: Vectorization: Thitut, Public domain, via Wikimedia Commons3

Russian spacecraft manufacturer

S.P. Korolev Rocket and Space Corporation "Energia" (Russian: Ракетно-космическая корпорация «Энергия» им. С. П. Королёва, romanized: Raketno-kosmicheskaya korporatsiya «Energiya» imeni S. P. Korolyova), commonly known as RSC Energia, is a Russian aerospace manufacturer and spacecraft design bureau.2 From Wikipedia, CC BY-SA 4.0

Last updated Oct 18, 2026.

Overview

Aug 26, 1946Founded1
  • TickerRKKE on Moscow Exchange1
  • Industryaerospace industry, space industry of Russia1
  • HeadquartersKorolyov1
  • Websitewww.energia.ru
  • Legal formjoint-stock company1
Rkkenrgia7
Photo: Qweasdqwe, CC0, via Wikimedia Commons5

S.P. Korolev Rocket and Space Corporation "Energia" (Russian: Ракетно-космическая корпорация «Энергия» им. С. П. Королёва, romanized: Raketno-kosmicheskaya korporatsiya «Energiya» imeni S. P. Korolyova), commonly known as RSC Energia, is a Russian aerospace manufacturer and spacecraft design bureau. Headquartered in Korolyov, Moscow Oblast, the company is the principal contractor for Russia's human spaceflight program, producing crewed and cargo spacecraft, space station modules, and satellite platforms.2

The story

Founded by Sergei Korolev on Aug 26, 1946.1

Origins and early achievements

The company traces its origins to August 1946, when the Soviet government established Experimental Design Bureau-1 (OKB-1) in today's Korolyov, what was then called Kaliningrad, under the leadership of Sergei Korolev to develop long-range ballistic missiles. Korolev's team initially adapted German V-2 rocket technology into the R-1 and subsequently developed the R-7 Semyorka, the world's first intercontinental ballistic missile.

The R-7 became the basis for the Soviet space program. On 4 October 1957, OKB-1 launched Sputnik 1, the first artificial satellite, followed in April 1961 by Vostok 1, carrying Yuri Gagarin, the first human in space.

Expansion and new spacecraft

During the 1960s and 1970s, the bureau designed the Voskhod and Soyuz spacecraft, interplanetary probes to the Moon, Venus, and Mars, and the first Soviet space stations. The Salyut programme pioneered long-duration missions, while OKB-1 developed modules, life-support systems, and docking technology.

In 1974, the bureau was reorganized as the NPO Energia design bureau, named for both its heavy-lift rocket project and its growing role in crewed spaceflight. It was a key contractor for Mir, the first modular space station, launched in 1986.

Post-Soviet restructuring

After the dissolution of the Soviet Union, the enterprise was reorganized as the Rocket and Space Corporation Energia in 1994. Despite budget cuts in the 1990s, it remained central to Russia's human spaceflight program. Energia managed the production of Soyuz and Progress spacecraft, which became essential for sustaining crews aboard the International Space Station.

The company also cooperated internationally, including with NASA on Shuttle–Mir and later ISS operations. In 2011, Energia became a publicly traded joint-stock company under the management of Roscosmos.

Recent developments

RSC Energia continues to develop crewed spacecraft, including modernization of Soyuz and Progress vehicles, and has proposed next-generation designs such as the Orel spacecraft. It manufactures modules for the Russian Orbital Segment of the ISS, such as Rassvet, Poisk, Nauka, and Prichal.

By the mid-2020s, RSC Energia faced growing challenges from aging infrastructure, missed deadlines, and rising debts. The company is highly dependent on international clients, and this revenue stream has declined since the launch of the new spacecraft in the West, and the war against Ukraine has only accelerated the depletion. In August 2025, internal communications from CEO Igor Maltsev acknowledged greatest crisis since its founding, "multi-million-dollar debts," declining workforce morale, and the risk of collapse if reforms were not enacted. Before securing new international commercial contracts, they aim to maintain their partnership with the United States until 2030. Analysts noted that these financial difficulties in the future threatened Russia's human spaceflight program and capability, in which Energia serves as the primary contractor for Soyuz and ISS operations.

From Wikipedia’s article on Energia (corporation), shared under CC BY-SA 4.0.4

Leadership

Who has led S.P. Korolev Rocket and Space Corporation Energia, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • communications satellite
  • crewed spacecraft
  • remote sensing
  • space tug

Listed on Wikidata.1

Facilities

RSC Energia is headquartered in Korolyov, Moscow Oblast, where it maintains design, assembly, and testing facilities. It also operates integration and launch support teams at the Baikonur Cosmodrome in Kazakhstan and the Vostochny Cosmodrome in Russia.

Launch vehicles

R-7 and derivatives (development, now produced by RKTs Progress)

N1 (1965–1972)

Energia heavy-lift rocket (1987–1988)

From Wikipedia’s article on Energia (corporation), shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Owners

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. Apr 2018Acquired SL Aerospace1

Employees over time

  • 20177,7911

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

S.P. Korolev Rocket and Space Corporation Energia revenue by year142.4B RUB in 2017+69% since 2014
020.0B RUB40.0B RUB60.0B RUB2014: 25.0B RUB25.0B RUB20142015: 26.0B RUB26.0B RUB2015+4%2017: 42.4B RUB42.4B RUB2017+63%
  • 201742.4B RUB1
  • 201526.0B RUB1
  • 201425.0B RUB1

Net income

  • 20171.2B RUB1

Timeline

  1. May 29, 2008Went public Listed on Moscow Exchange1
  2. Aug 26, 1946Founded Founded1