Private Space Company Innospace Postpones Launch of 'Hanbit Nano' Rocket

Private space launch vehicle company Innospace announced on the 13th that the satellite launch vehicle ‘HANBIT-Nano,’ originally scheduled for March next year, has been rescheduled to July.

Innospace explained that the delay in the delivery of electric pump components for the launch vehicle and the delay in the construction of a new integrated test facility caused the hardware production and testing schedule to be postponed.

Regarding the schedule choice, the company stated that July was selected as the earliest available date at the launch site in Brazil.

CEO Kim Su-jong said, “We sincerely apologize for causing concern to all stakeholders, including customers, shareholders, and investors, due to the adjustment of the launch schedule. This decision is based on customers’ understanding and cooperation to enhance the stability and reliability of the launch vehicle. We will do our best to conduct thorough preparations during the remaining period to successfully complete the launch mission and repay our customers’ trust.”

Innospace sent the notice of this schedule change to reporters via email around 3:30 PM, after the KOSDAQ market closed.

This content was produced with the assistance of AI translation services.