MOSCOW (Sputnik) — "Now at ISS-Reshetnev’s facilities there are more than 30 satellites at various stages of production. The company has signed new contracts for the production of 16 more satellites," according to a statement on the company's website.
Detailing results for 2015, ISS-Reshetnev said that eight satellites produced by the company had been launched into various orbits throughout the year, while another 12 satellites are currently waiting to be launched. A total of 96 ISS-Reshetnev satellites are orbiting the Earth, which makes up over two-thirds of Russia's orbital fleet, the statement noted.
ISS-Reshetnev was founded in 1959 as part of Sergey Korolev’s OKB-1 Special Design Bureau of Research and Development Institute. Named after Korolev's close associate, Mikhail Reshetnev, the company started from supervising ballistic missile designs, and further started to develop launch vehicles and satellites.