Boeing expects to have little or no involvement in the resurrection of its failed effort to launch satellites from a mobile launch pad at sea.

The company said Wednesday it expects to have little or no ownership in Sea Launch Co. when it emerges from bankruptcy next year. The company, a joint venture of Boeing and several foreign companies, used a ship as a launching platform for rockets carrying satellites into orbit.

The idea was that such a mobile launch pad, positioned at the equator where the earth’s rotation would give the satellites an easier path into orbit, would be less expensive than land-based systems.

But a decline in the number of launches at the dot.com bust and an explosion aboard the ship that delayed subsequent launches put the venture into financial distress.

Boeing, according to Securities and Exchange Commission documents, has paid some $448 million to creditors. Boeing is now trying to recoup some of those funds from its partners including the European shipbuilder Aker ASA and several Eastern European rocket builders.

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