After the dissolution of the Soviet Union, the company lost most of its state financing, and its work force of 8,000 was cut almost in half.

In 1995, Information Satellite System signed a co-operation agreement with the French company Thales Alenia Space.

[7] In 2000, the Russian government launched a substantial investment program to revive GLONASS satellite constellation, which provided a massive boost for the company's financial situation.

[1] The company was sanctioned by the US Office of Foreign Assets Control on 15 September 2022 by being added to the OFAC list of "Specially Designated Nationals".

The company is capable of providing a full range of services for the whole lifetime of a satellite mission, including ground-testing, integration and orbital control.