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INNOSPACE acquired the Malbusca Launch Center in Portugal and intends to use it as its European launch hub.
INNOSPACE is positioning the CST arrangement to deliver faster, more tailored launch options aligned with customer schedules and orbital requirements.
INNOSPACE signed a distribution agreement with UK-based Commercial Space Technologies Ltd. (CST).
INNOSPACE has existing access to Brazil’s Alcântara Space Center and Australia’s Whalers Way Orbital Launch Complex and Koonibba Test Range.
INNOSPACE intends to target European customers seeking greater schedule flexibility and alternative orbital options.
The contract allows Innospace priority access to a launch platform for its Hanbit launch vehicles.
Innospace can now operate its launch vehicles globally due to existing agreements with spaceports in Brazil and Australia, and the addition of Portugal as a preferred launch destination.
The contract between Innospace and the Atlantic Spaceport Consortium was signed online on January 8.
Innospace has contracted the Atlantic Spaceport Consortium as its European launch partner.
Innospace has developed a family of hybrid rocket motors with payload capacities ranging from 90 kg to 1,300 kg.
Innospace has signed an agreement with the Atlantic Spaceport Consortium to conduct flights of its Hanbit rocket family from the Malbusca Spaceport on the Portuguese island of Santa Maria.
Innospace's CEO Soojong Kim stated that the agreement represents the company’s first launch site in Europe.
Innospace signed a memorandum of understanding with Andoya Space in January 2022 to launch from its planned spaceport, which opened in November 2023.
Innospace lists Andoya Space as one of its official launch sites on its website.
The agreement with Innospace is expected to cover operations up until 2030, with an initial launch expected from the island in 2026.
Innospace's decision to launch from Santa Maria signals international confidence in Portugal’s space ambitions.
On 8 January, the Malbusca Spaceport secured its first tenant for orbital launches by signing an agreement with Innospace.
Innospace also has launch facilities in Brazil and Australia.
Innospace has plans for larger vehicles such as Hanbit-Micro, which has a payload capacity of 170 kilograms, and Hanbit-Mini, which can carry 1,300 kilograms.
Innospace aims to conduct a quick additional verification and, after a thorough improvement process, attempt another commercial launch in the first half of next year.