Innospace has announced another delay in the launch of its Hanbit-Nano rocket, initially scheduled to lift off from the Alcantara Space Center in Brazil on December 20. This follows a previous postponement from December 17, as company representatives highlighted ongoing technical problems that prevented the launch at the planned time. They stated that a new launch date would be set in collaboration with the Brazilian Air Force.

The Hanbit-Nano launch vehicle is designed to carry eight payloads, including five satellites, into a low Earth orbit at an altitude of 300 kilometers. The two-stage rocket features a hybrid engine with a thrust of 25 tonnes on the first stage and a liquid methane-oxygen engine on the second stage.
If successful, Innospace would become the first private South Korean company to place a client’s satellite into orbit – a significant step forward for South Korea’s burgeoning private space industry. Such a milestone could potentially accelerate the progress of private aerospace ventures in South Korea.
Experts note that the persistent technical delays underline the challenges faced by new entrants in the private space sector, where precision and timing are critical. The increased involvement of private companies in space activities is reshaping the global aerospace landscape, offering new opportunities as well as complexities.