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Innospace Introduces 'Hanbit' Launch Vehicle at International Space Competition

Private space launch vehicle company Innospace announced on the 15th that it participated in the 75th International Astronautical Congress (IAC) held in Milan, Italy, by setting up an exhibition booth.

Innospace Introduces 'Hanbit' Launch Vehicle at International Space Competition Kim Sujong, CEO of Innospace, is greeting Guido Parisenti, CEO of Italian client Apogeo Space, who visited the IAC 2024 exhibition booth. Photo by Innospace.

The International Astronautical Congress (IAC) is the world's largest space industry conference hosted annually by the International Astronautical Federation (IAF), where the latest technology trends and research results are shared, and cooperation plans are explored. This year, more than 96 countries and over 150 space-related organizations and companies, including NASA from the United States, Korea, Europe, Brazil, and the UAE, gathered in one place.


Innospace is showcasing its flagship product, the space launch vehicle series "HANBIT," at this IAC. Innospace stated, that during the exhibition period, business meetings with more than 60 satellite companies and partner organizations worldwide have been pre-scheduled, and they plan to concretize satellite launch service contracts and business cooperation discussions at these meetings. They will also actively carry out sales and marketing activities, such as introducing commercial launch plans using the "HANBIT" series to potential customers.


CEO Kim Su-jong said, "Participating in this IAC exhibition is very meaningful as it allows us to showcase Innospace's technological innovation and launch service competitiveness to space experts and potential customers worldwide," adding, "Our goal is to continuously develop technology and innovate launch services to support customers in accessing space more easily and quickly. We will also strengthen our position in the commercial launch market by creating more cooperation opportunities with customers in the global market in the future."




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