The satellite is developed in Space Research Institute of the Russian Academy of Science. The design goal was to make small but highly efficient spacecraft for detailed study of physical mechanisms of electric discharges (lightning) in the atmosphere is the widest energy range, from radio to gamma-ray emissions.
Sergei was involved in the software development, here is his message on eCos development forum http://ecos.sourceware.org/ml/ecos-discuss/2013-01/msg00009.html
The Chibis-M satellite, weighing 34.4 kilograms, started on its mission on January 25, 2012, and has been successfully operating in orbit for almost a year. Here you can see youtube video with the lauch of the satellite from the International Space Station (ISS) http://www.youtube.com/watch?v=RnvWTGR22ZU
Now the satellite treactory can be seen in real time at http://chibis.cosmos.ru/trajectory , Chibi-M flying with 7.6 km/sec (approx 28 000 km/h) at 480 km orbit around the Earth.
Here is another video (in Russian language) explaining Chibis-M features – it’s less 40 kg but have all features the big over 400kg satellites have http://www.youtube.com/watch?v=qRxgwV3UdlU, the name Chibis comes from small bird which lives in Russia.
More details about Chibis-M satellite can be read in The Space Review at http://www.thespacereview.com/article/2213/1