Innospace is a space company developing small satellite launch vehicles based on hybrid rocket technology and providing launch services. Its proprietary hybrid rocket technology is a core capability enabling cost innovation and reduced launch waiting times. The company aims to provide optimal launch services for rapid and stable transport of small satellites into orbit. It is a company driving future innovation in the small satellite launch market with low-cost, customized, and rapid launch solutions.Innospaceisaspacecompanydevelopingsmallsatellitelaunchvehiclesbasedonhybridrockettechnologyandprovidinglaunchservices.Itsproprietaryhybridrockettechnologyisacorecapabilityenablingcostinnovationandreducedlaunchwaitingtimes.Thecompanyaimstoprovideoptimallaunchservicesforrapidandstabletransportofsmallsatellitesintoorbit.Itisacompanydrivingfutureinnovationinthesmallsatellitelaunchmarketwithlow-cost,customized,andrapidlaunchsolutions.
Key Products/TechnologiesKeyProducts/Technologies
The company's main product line includes the 'HANBIT' series of small satellite launch vehicles.Thecompany'smainproductlineincludesthe'HANBIT'seriesofsmallsatellitelaunchvehicles.
'HANBIT-Nano' is a two-stage launch vehicle capable of deploying a 90kg payload into a 500km Sun-Synchronous Orbit (SSO).'HANBIT-Nano'isatwo-stagelaunchvehiclecapableofdeployinga90kgpayloadintoa500kmSun-SynchronousOrbit(SSO).
Its first stage utilizes a 25-ton hybrid engine, and the second stage employs a 3-ton hybrid engine 'HyPER' or a methane engine 'LiMER'.Itsfirststageutilizesa25-tonhybridengine,andthesecondstageemploysa3-tonhybridengine'HyPER'oramethaneengine'LiMER'.
Development of 'HANBIT-Micro' with a 170kg payload capacity and 'HANBIT-Mini' with a 1300kg payload capacity is also underway.Developmentof'HANBIT-Micro'witha170kgpayloadcapacityand'HANBIT-Mini'witha1300kgpayloadcapacityisalsounderway.
The core technology involves hybrid rocket engines that use both solid fuel and liquid oxidizer.Thecoretechnologyinvolveshybridrocketenginesthatusebothsolidfuelandliquidoxidizer.
Proprietary development of high-performance paraffin-based solid fuel and electric motor-driven oxidizer pump technology.Proprietarydevelopmentofhigh-performanceparaffin-basedsolidfuelandelectricmotor-drivenoxidizerpumptechnology.
Utilization of metal 3D printing technology for engine and critical component manufacturing, achieving structural simplification and cost reduction.Utilizationofmetal3Dprintingtechnologyforengineandcriticalcomponentmanufacturing,achievingstructuralsimplificationandcostreduction.
Ongoing development of reusable launch vehicle integrated technology aims to reduce launch costs and increase component recyclability.Ongoingdevelopmentofreusablelaunchvehicleintegratedtechnologyaimstoreducelaunchcostsandincreasecomponentrecyclability.
Core AdvantagesCoreAdvantages
Possession of proprietary hybrid rocket technology, combining the stability of solid rockets with the thrust control of liquid rockets.Possessionofproprietaryhybridrockettechnology,combiningthestabilityofsolidrocketswiththethrustcontrolofliquidrockets.
High-performance paraffin-based solid fuel offers enhanced safety due to its non-explosive nature.High-performanceparaffin-basedsolidfueloffersenhancedsafetyduetoitsnon-explosivenature.
Securing price competitiveness through patented small and lightweight electric motor-driven oxidizer pump technology.Securingpricecompetitivenessthroughpatentedsmallandlightweightelectricmotor-drivenoxidizerpumptechnology.
3D printing technology for engine and component manufacturing contributes to reduced production time and cost savings.3Dprintingtechnologyforengineandcomponentmanufacturingcontributestoreducedproductiontimeandcostsavings.
Establishment of launch sites in Alcântara (Brazil), Whalers Way (Australia), and Malbusca (Portugal), enabling flexible launch services for various orbits across three continents.EstablishmentoflaunchsitesinAlcântara(Brazil),WhalersWay(Australia),andMalbusca(Portugal),enablingflexiblelaunchservicesforvariousorbitsacrossthreecontinents.
Attainment of international standard certifications including ISO 14001, ISO 45001, ISO 37301, and AS9100, demonstrating excellence in environmental, safety, compliance, and quality management systems.AttainmentofinternationalstandardcertificationsincludingISO14001,ISO45001,ISO37301,andAS9100,demonstratingexcellenceinenvironmental,safety,compliance,andqualitymanagementsystems.
Strong market position in the supply-driven small satellite launch market, securing favorable contract terms.Strongmarketpositioninthesupply-drivensmallsatellitelaunchmarket,securingfavorablecontractterms.
Expansion into the defense industry through collaboration with LIG Nex1, applying hybrid rocket propulsion technology to missiles and other defense applications.ExpansionintothedefenseindustrythroughcollaborationwithLIGNex1,applyinghybridrocketpropulsiontechnologytomissilesandotherdefenseapplications.
Target IndustrieTargetIndustrie
Contribution to the satellite communication industry through small satellite launch services.Contributiontothesatellitecommunicationindustrythroughsmallsatellitelaunchservices.
Application in Earth observation and remote sensing fields by supporting Earth observation satellite launches.ApplicationinEarthobservationandremotesensingfieldsbysupportingEarthobservationsatellitelaunches.
Provision of platforms for scientific research satellites and rocket launches.Provisionofplatformsforscientificresearchsatellitesandrocketlaunches.
Development and supply of missiles utilizing hybrid rocket propulsion technology in the defense sector.Developmentandsupplyofmissilesutilizinghybridrocketpropulsiontechnologyinthedefensesector.
Contribution to the creation of a future space industry ecosystem through the establishment of a space mobility platform.Contributiontothecreationofafuturespaceindustryecosystemthroughtheestablishmentofaspacemobilityplatform.
Major MarketsMajorMarkets
United Arab Emirates (UAE)UnitedArabEmirates(UAE)
United Kingdom, Portugal, NorwayUnitedKingdom,Portugal,Norway
CanadaCanada
AustraliaAustralia
BrazilBrazil
Certifications/PatentsCertifications/Patents
Acquisition of ISO 14001 (Environmental Management System) certification from the International Organization for Standardization (ISO).AcquisitionofISO14001(EnvironmentalManagementSystem)certificationfromtheInternationalOrganizationforStandardization(ISO).
Simultaneous acquisition of ISO 45001 (Occupational Health and Safety Management System) certification.SimultaneousacquisitionofISO45001(OccupationalHealthandSafetyManagementSystem)certification.
First domestic private space launch vehicle company to obtain ISO 37301 (Compliance Management System) international standard certification.FirstdomesticprivatespacelaunchvehiclecompanytoobtainISO37301(ComplianceManagementSystem)internationalstandardcertification.
First domestic private launch vehicle company to obtain AS9100 (Aerospace Quality Management System) international standard certification.FirstdomesticprivatelaunchvehiclecompanytoobtainAS9100(AerospaceQualityManagementSystem)internationalstandardcertification.
Awarded 'Technology Competence Excellent Company Certification' from Korea Technology Finance Corporation (KoDATA) in recognition of its rocket technology competitiveness and business capabilities.Awarded'TechnologyCompetenceExcellentCompanyCertification'fromKoreaTechnologyFinanceCorporation(KoDATA)inrecognitionofitsrockettechnologycompetitivenessandbusinesscapabilities.
Possession of patented technology for small and lightweight electric motor-driven oxidizer pumps.Possessionofpatentedtechnologyforsmallandlightweightelectricmotor-drivenoxidizerpumps.
Possession of patented technology for applying metal 3D printing-based electric motor and oxidizer supply pumps to launch vehicles.Possessionofpatentedtechnologyforapplyingmetal3Dprinting-basedelectricmotorandoxidizersupplypumpstolaunchvehicles.
Track record of performing national R&D projects related to hybrid rockets, reusable launch vehicles, and thrust vector control.TrackrecordofperformingnationalR&Dprojectsrelatedtohybridrockets,reusablelaunchvehicles,andthrustvectorcontrol.