Locations
South Korea · Seongnam-si, Gyeonggi-do, South Korea · Sejong-si, South Korea
Size
11-50 employees
founded in
2017
A space mobility innovator using hybrid rocket technology, Innospace is dedicated to a singular mission: developing the world’s most efficient small satellite launcher based in South Korea. We are developing the Hanbit family of launch vehicles (Hanbit-Nano, Hanbit-Micro, and Hanbit-Mini) using unique hybrid propulsion technology with a paraffin and liquid oxygen propellant combination. This proprietary hybrid rocket technology enables cost innovation and reduces launch latency. Founded in 2017, we made history as the space company to successfully launch a test launch vehicle (Hanbit-TLV) to verify the flight performance of the first stage 150 kN thrust hybrid rocket engine from the Alcântara Space Center in Brazil in March 2023. Innospace aims to pioneer future innovations in the small satellite launch market, providing low-cost, customized rapid launch solutions. With offices in South Korea, Brazil, and France, we are actively expanding global business opportunities in the aerospace.
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