Kjell J. Karlsen
 President
Sea Launch AG

Member, Board of Directors
Energia Logistics Ltd.

Kjell Karlsen is the President of Sea Launch AG, the provider of the Russian, Ukrainian, and U.S. built Zenit-3SL heavy–lift launch service to the industry’s satellite operators. Mr. Karlsen has been with Sea Launch since 1999, starting as the company’s CFO and participating in all Sea Launch Zenit launches.

Mr. Karlsen received his Bachelor of Science degree in Business Administration from the University of Oregon and a Masters of Business Administration degree from Lehigh University. He is also a graduate of the Norwegian Air Force Training program.

Prior to joining Sea Launch, Karlsen was President of Kvaerner, Inc., and the Norwegian shipbuilder’s U.S. headquarters in Philadelphia. Concurrently, he was Vice President of Kvaerner Financial Services, Kvaerner’s U.S. treasury operation and also held executive positions with Den norske Bank of Oslo, Norway.

Mr. Karlsen serves as a Board of Directors member for the Long Beach Grand Cru, benefitting the Legal Aid Foundation of Los Angeles. In 2011, he was named as one of Space News’ 10 Who Made a Difference in Space.