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]

References

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