Tag: Innospace
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South Korea’s Innospace Signs Deal to Launch Hanbit Rockets From Portugal’s Santa Maria
South Korean launch services provider Innospace has signed an agreement with the Atlantic Spaceport Consortium (ASC) to conduct launches of its Hanbit rocket family from the Malbusca Spaceport on the Portuguese island of Santa Maria, expanding Europe’s emerging commercial launch infrastructure. The agreement, signed on Jan. 8, makes Innospace the first company planning orbital launches…
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FibreCoat and Lofith Composites Partner to Develop Lighter, Stronger Satellite Panel Material
Two European startups, Germany’s FibreCoat and Spain’s Lofith Composites, have teamed up to create a new composite material for satellite panels designed to be lighter, stronger, and more sustainable than conventional materials such as aluminum. The companies plan to demonstrate the thermoplastic composite in orbit next year aboard an undisclosed satellite, with a year-long test…
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South Korea’s Innospace Sees Shares Drop Over 20% in Debut Trading on KOSDAQ
South Korean space launch startup Innospace saw its shares tumble more than 20% in its first day of trading on July 2, closing at 34,450 won ($24.80) on the KOSDAQ exchange. The decline from its IPO price of 43,300 won marked a challenging debut for the company, which raised 57.6 billion won through its initial…