Innospace Explained

Innospace is a South Korean startup company specializing in developing hybrid space rocket. It was founded in 2017.[1] The company is planning its first commercial space missions in 2025.[2] On 21 March 2023, the company launched it's Hanbit-TLV single-stage thrust hybrid suborbital rocket from the Alcantara Space Center in Brazil.[3] [4] This was the first space vehicle launch by the South Korea’s private sector.[3] The company's shares were first publicly traded on 2 July 2024.[5]

External links

Notes and References

  1. Web site: Innospace strives to become space platform provider. June 17, 2024. koreatimes.
  2. Web site: South Korea’s Innospace Plans Seven Rocket Missions In 2025 | Aviation Week Network. aviationweek.com.
  3. Web site: Innospace launches world’s first hybrid rocket. Kan. Hyeong-woo. asianews.network.
  4. Web site: South Korea’s Innospace succeeds in test launch. Park. Si-soo. March 21, 2023.
  5. Web site: Innospace shares tumble in stock market debut. Jeff. Foust. July 2, 2024.

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