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Innospace

INNOSPACE
Native name
이노스페이스
IndustryAerospace industry
FoundedSeptember 2017; 7 years ago (2017-09)
Headquarters
Sejong City
,
South Korea
ProductsLaunch vehicle
Websitewww.innospc.com

Innospace (Korean: 이노스페이스) is a South Korean startup company specializing in developing hybrid space rocket. It was founded in 2017.[1]

History

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Innospace was founded in 2017 by Kim Soo-jong, who received his master's and doctorate in aerospace engineering from Korea Aerospace University.[2][3]

In June 2024, the company signed a launch service contract with Italy's CShark S.r.l. and Thailand's EOS Orbit for the small satellite launch vehicle HANIT. Under this contract, Innospace will perform commercial launch missions to place 35 CShark's satellites into target orbit over a three-year period starting in 2025 and one EOS Orbit's satellite starting in 2025.[4]

Active missions

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HANBIT-TLV

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Main article: Innospace HANBIT-TLV

On 21 March 2023, the company launched it's HANBIT-TLV single-stage thrust hybrid suborbital rocket from the Alcantara Space Center in Brazil.[5][6] This was the first space vehicle launch by the South Korea’s private sector.[5] The company's shares were first publicly traded on 2 July 2024.[7]

Future missions

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The company is planning its first commercial space missions in 2025.[8]

HANIT-NANO

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Main article: Innospace HANBIT-NANO

HANBIT-NANO is a two-stage launch vehicle that is 21.8m long and 1.4m in diameter and can launch 90kg into a sun-synchronous orbit at an altitude of 500km. The first stage is equipped with one 25-ton hybrid engine, and the second stage is equipped with one 3-ton engine. The second stage operates the hybrid engine Hyper and the methane engine Reamer according to the launch mission requested by the customer, thereby providing a customized launch service.[9]

See also

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References

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  1. ^ "Innospace strives to become space platform provider". koreatimes. June 17, 2024.
  2. ^ "'K로켓 상장 도전' 이노스페이스, 내년 3월 첫 상업 발사… "실패하더라도 타격 적을 것"". Chosun Biz (in Korean). 17 June 2024.
  3. ^ "우주발사체 스타트업 이노스페이스 "상장 위한 IPO 절차 돌입"". Yonhap News (in Korean). 3 May 2023.
  4. ^ "이노스페이스, 이탈리아·태국 위성사와 발사 계약…21억원 규모". Yonhap News (in Korean). 26 June 2024.
  5. ^ a b Hyeong-woo, Kan. "Innospace launches world's first hybrid rocket". asianews.network.
  6. ^ Si-soo, Park (March 21, 2023). "South Korea's Innospace succeeds in test launch".
  7. ^ Foust, Jeff (July 2, 2024). "Innospace shares tumble in stock market debut".
  8. ^ "South Korea's Innospace Plans Seven Rocket Missions In 2025 | Aviation Week Network". aviationweek.com.
  9. ^ "韓 최초 상업용 로켓 내년 3월 쏜다…핵심기술 '페어링 분리'도 성공". Newsis (in Korean). 9 September 2024.
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