INNOSPACE

HardwareSejong, South KoreaFounded 2017

A commercial small satellite launch service provider utilizing proprietary hybrid rocket technology to offer cost-effective and reliable access to space.

CEO / Founder
Soo-jong Kim
Team Size
150-200
Stage
Public (KOSDAQ: 462350); Post-first commercial launch attempt (HANBIT-Nano) in December 2025, currently preparing for a re-launch in H1 2026 after technical analysis of the initial flight.
Total Funding
$112.0M
Latest Round
IPO (Public Listing)
Key Investors
["Kolon Investment","Korea Investment Partners","DSC Investment","InterVest","FuturePlay","Schmidt","Korea Development Bank"]

Technology & Products

Key Products

["HANBIT-Nano (50kg payload to LEO)","HANBIT-Micro (150kg payload to LEO)","HANBIT-Mini (500kg payload to LEO)","Scientific/Sounding Rocket Services","Ground Combustion Testing Services"]

Technological Advantage

Proprietary 'Support-Free' metal 3D printing strategy for complex engine geometries, allowing for internal hollows and closed spherical structures without internal supports, significantly reducing weight and post-processing costs.

Market & Competition

Target Customers

Small satellite operators, government space agencies (like KARI), research institutions, and private telecommunications/remote sensing companies.

Industry Verticals

["Aerospace & Defense","Satellite Communications","Earth Observation & Remote Sensing","Space Manufacturing"]

Competitors

["Rocket Lab","Perigee Aerospace","HyImpulse","Skyroot Aerospace","Isar Aerospace"]