Innospace to Lead Development of 6.9 Billion Won 'Jeonnam SAT'... Full-Fledged Entry into Satellite Business

Development of 12U-Class Ultra-Small Practical Satellite by 2029

Monitoring Jeonnam Coastal Areas, Supporting Agriculture, Fisheries, and Disaster Response... Expanding the Scope of Private Space Business

Private space launch vehicle company Innospace is making a full-fledged entry into the satellite platform business by taking charge of the public ultra-small satellite development project promoted by Jeollanam-do and Goheung-gun. The company is expanding its business scope from launch vehicles to satellite development and operation, aiming to become a comprehensive space company.

On June 25, Innospace announced that it had been selected as the lead research and development institution for the "Ultra-Small Satellite Jeonnam (Goheung) SAT Development Project" promoted by Jeollanam-do and Goheung-gun, and signed a business agreement.

Innospace's satellite business division employees are assembling InnoSat-0. Provided by Innospace

This project is a research and development (R&D) initiative aimed at building a region-led space industry ecosystem and establishing a foundation for the utilization of satellite information. The project has a budget of 6.85 billion won and will be carried out over 45 months until December 2029.

Innospace will oversee the entire process—from design, manufacturing, testing, launch preparation, operation, to satellite data acquisition—of the 12U-class ultra-small practical satellite "Jeonnam (Goheung) SAT" in collaboration with six local industry-academia-research institutions in Jeonnam.

Utilization for Agriculture, Fisheries, and Disaster Response... Building AI-Based Satellite Information Services

The Jeonnam (Goheung) SAT is an ultra-small satellite being developed for the purpose of monitoring the Jeonnam coastal areas and providing public services. Equipped with a high-resolution optical camera and multispectral sensors, the satellite imagery it collects will be integrated with artificial intelligence (AI)-based image analysis technology and used for community-focused public services such as agriculture, fisheries, and disaster response.

Through this project, Innospace plans to further refine its Attitude Determination and Control System (ADCS) technology for precise satellite orientation control, and to establish a satellite operation system linked to the ground station to be built in Jeonnam. The company aims to strengthen its competitiveness in the satellite platform business by leveraging the practical experience gained during the satellite development, testing, and operation processes.

Kim Sujong, CEO of Innospace, stated, "This project is significant in that it goes beyond simple technology development to create a public practical satellite that addresses local issues in Jeonnam and Goheung-gun. We will work together with our research partners to ensure the success of the project and continuously enhance our competitiveness in the satellite platform and space services sectors."

In addition to Innospace, Faru, NovaX, Jeonnam Technopark, Korea Conformity Laboratories, Suncheon National University Industry-University Cooperation Foundation, and Ace Square are jointly participating in this project.

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