South Korean rocket startup Innospace wins launch and marketing contract with German broadcast company
The South Korean rocket startup Innospace announced last week that it has signed a $5.8 million launch with the German broadcast company Media Broadcast Satellites (MBS) to not only launch two MBS satellites in 2026 and 2028 using its Hanbit rocket, but to have MBS market the rocket in Germany.
Under the agreement, INNOSPACE will carry out two HANBIT launch missions to deploy MBS satellites into Low Earth orbit (LEO), with one launch in 2026 and the other planned by 2028. In both launch missions, MBS satellites will serve as the primary payloads, with priority in launch scheduling and orbit determination.
INNOSPACE also signed a separate contract on the same day, officially appointing MBS as its exclusive agent for launch service sales and marketing within Germany, marking the company’s entry into the European space launch market. Following the contract, MBS will exclusively distribute launch services based on the HANBIT series to satellite customers in Germany.
Innospace has not yet launched Hanbit. It had hoped to attempt the first launch in July, but in May it delayed it to the end of 2025 due to issues found in a first stage pump. The launch itself will take place at Brazil’s long abandoned Alcântara spaceport on that nation’s northeast coast.
The South Korean rocket startup Innospace announced last week that it has signed a $5.8 million launch with the German broadcast company Media Broadcast Satellites (MBS) to not only launch two MBS satellites in 2026 and 2028 using its Hanbit rocket, but to have MBS market the rocket in Germany.
Under the agreement, INNOSPACE will carry out two HANBIT launch missions to deploy MBS satellites into Low Earth orbit (LEO), with one launch in 2026 and the other planned by 2028. In both launch missions, MBS satellites will serve as the primary payloads, with priority in launch scheduling and orbit determination.
INNOSPACE also signed a separate contract on the same day, officially appointing MBS as its exclusive agent for launch service sales and marketing within Germany, marking the company’s entry into the European space launch market. Following the contract, MBS will exclusively distribute launch services based on the HANBIT series to satellite customers in Germany.
Innospace has not yet launched Hanbit. It had hoped to attempt the first launch in July, but in May it delayed it to the end of 2025 due to issues found in a first stage pump. The launch itself will take place at Brazil’s long abandoned Alcântara spaceport on that nation’s northeast coast.