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Innospace

KR
commercialFounded 2017
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Verified facts grounded in source documentation.

INNOSPACE plans to deploy five customer satellites into Low Earth Orbit (LEO) at 300 km altitude and 40° inclination with its first commercial launcher HANBIT-Nano.

NARRATIVE GROWTH11/11/2025INNOSPACE begins payload integration for ‘HANBIT-Nano’ prior to the firm’s 1st commercial launch

INNOSPACE targets 3:00 p.m. on November 22 (Brazil time) for the launch of its first commercial launch vehicle ‘HANBIT-Nano’ as part of the SPACEWARD mission.

NARRATIVE GENERAL11/6/2025INNOSPACE to launch HANBIT-Nano SPACEWARD mission on November 22 including 5 smallsats

The HANBIT-Nano 'SPACEWARD' mission marks INNOSPACE's first commercial launch and will carry customer satellites and payloads into low Earth orbit (LEO) at an altitude of 300 km.

NARRATIVE GENERAL10/20/2025KASA Authorisation for First Commercial Launch ‘SPACEWARD’

In March 2023, INNOSPACE successfully launched its test launch vehicle 'HANBIT-TLV' to verify the flight performance of the first stage 150 kN thrust hybrid rocket engine from the Alcantara Space Center in Brazil.

TECHNICAL PRODUCT10/19/2025INNOSPACE obtains launch authorization for 1st commercial launch mission ‘SPACEWARD’

The HANBIT-Nano 'SPACEWARD' mission marks INNOSPACE's first commercial launch, carrying customer satellites and payloads into low Earth orbit (LEO) at an altitude of 300 km.

NARRATIVE GENERAL10/19/2025INNOSPACE obtains launch authorization for 1st commercial launch mission ‘SPACEWARD’

Innospace raised $1,200,000 in a seed round that closed in October 2019.

NARRATIVE FINANCIAL5/3/2022South Korea’s Innospace schedules December test launch carrying Brazilian military payload

Innospace raised $6,600,000 in a Series A round in January 2021.

NARRATIVE FINANCIAL5/3/2022South Korea’s Innospace schedules December test launch carrying Brazilian military payload

Innospace has raised $27,760,000 (35.2 billion won) through three financing rounds.

NARRATIVE FINANCIAL5/3/2022South Korea’s Innospace schedules December test launch carrying Brazilian military payload

Innospace raised $19,700,000 in a Series B round in July 2021.

NARRATIVE FINANCIAL5/3/2022South Korea’s Innospace schedules December test launch carrying Brazilian military payload