Space company Innospace teams up with German company to provide technical support for wrap-up party order (Korea)

Innospace, which develops rocket launch pads, is working with Exolaunch, a German wrap-up party support and separation system company, to develop a small rocket called the Hanbit.
The two companies announced that they have signed a partnership agreement to carry out joint missions and secure satellite-related customers. The two companies will work together to carry out commercial launch vehicle wrap-up party orders, and will work together to develop a satellite and other payload carrying plan.
The two parties will cooperate in areas such as formulating a strategy for wrap-up party missions, managing the payload deployment and applying systems from the wrap-up party to the payload deployment. ExoLaunch has launched a total of more than 530 satellites in 36 launches.
Innospace plans to apply its track record of wrap-up parties to the Hanbit. Innospace plans to develop ExoLaunch's modular multi-role system to efficiently load payloads onto rockets and increase mission flexibility.
The two companies will cooperate on the technology of the heavy satellite platform "EXOtube." The two companies will also jointly promote wrap-up party services and conduct campaign planning to increase orders.
Innospace plans to gradually expand technical and business cooperation, including satellite planning, on-site operation support, etc. Kim Suzy-yeon, CEO of Innospace, said, "Our partnership with Exolaunch will help us to serve a wide range of satellite-related customers.
"This will be the foundation for providing highly reliable wrap-up party services."