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Innospace Co., a South Korean space startup, announced a partnership with India's Grahaa Space on April 21, 2026, to cooperate on multi-launch services. The agreement aims to provide greater schedule flexibility and cost efficiency in the global small satellite market. The memorandum of understanding was signed during a space event in Bengaluru.
spacenews.comA South Korean space startup, announced a partnership with Grahaa Space of India on April 21, 2026, to cooperate on multi-launch services. The partnership aims to enhance positions in the global small satellite market by offering multiple launch opportunities with greater schedule flexibility and cost efficiency.
Under the agreement, Innospace Co. and Grahaa Space will explore a multi-launch service model.
A memorandum of understanding was signed on April 20, 2026, in Bengaluru, India. The signing occurred on the sidelines of the Korea-India Space Day event, held in Bengaluru on April 20, 2026. The Korea-India Space Day event was jointly hosted by the Korea AeroSpace Administration and IN-SPACe.
IN-SPACe is India's space industry promotion and regulatory agency. Moon Jin-ho, head of Innospace's sales and marketing, and Aparajith Bangalore Subra Manimaran, director of project at Grahaa Space, attended the MOU signing ceremony in Bengaluru on April 20, 2026.
The partnership builds on initial cooperation during Innospace's first commercial launch of its Hanbit-Nano rocket in December 2025. Grahaa Space participated as a satellite customer in that launch. Grahaa Space is based in Bangalore, India.
' Grahaa Space CEO Ramesh Kumar V said, 'We are confident that this partnership embodies a shared emphasis on reliability, transparency and continuous improvement as we advance our nano satellite roadmap.
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