Innospace teams up with RSAT Space to distribute Hanbit launch systems in Canada

South Korean space startup Innospace Co. has entered into a distribution agreement with Canadian space and defense company RSAT Space Inc. to bolster its presence in the North American launch market, as announced on September 21, 2024. The partnership emerged from a memorandum of understanding signed in April, which aimed to explore opportunities in Canada, encompassing both government and commercial space programs, as well as the development of innovative business models that integrate satellite launch services with advanced space systems.

Under the newly established agreement, RSAT Space will be granted nonexclusive rights to market and distribute Innospace's Hanbit satellite launch system in Canada. This collaboration seeks to merge Innospace's launch vehicle technology and prompt launch services with RSAT Space's established presence and business network within the Canadian space and defense sectors.

Innospace is currently in the process of developing the Hanbit family of small satellite launch vehicles, which are engineered to deliver cost-effective and adaptable launch services tailored to the needs of small satellite operators.