The «United Rocket and Space Corporation» Joint Stock Company (URSC JSC) was established in 2014 based on Decree of the President of Russia No. 874 and Order of the Government of the Russian Federation No. 114-r (114-р). URSC JSC was set up as a successor of the Open Joint Stock Company «Scientific Research Institute of Space Device Engineering» («NII KP»).
In December 2016, 100% of the URSC JSC shares were transferred to the State Space Corporation Roscosmos as a property contribution of the Russian Federation in accordance with Decree of the President of the Russian Federation No. 221 «On Measures for Establishing the State Space Corporation Roscosmos».
In 2018, the Board of Executive Directors of the State Space Corporation Roscosmos specified URSC JSC as a single body of the State Space Corporation Roscosmos responsible for development of diversification projects, civilian production and activities related to non-core assets of rocket and space industry enterprises.
URSC JSC includes a «NII KP» branch which is a leading designer and supplier of advanced on-board and ground-based GLONASS/GPS navigation devices, as well as monitoring and correcting station equipment designed to improve the accuracy of location of mobile objects.