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INNOSPACE signs multi-launch service contract with Germany’s Media Broadcast Satellite (MBS)

September 22, 2025

INNOSPACE (KS:462350) has signed a multi-launch service contract worth $5.8 million with Media Broadcast Satellite GmbH (“MBS”) in Germany.

Under the agreement, INNOSPACE will carry out two HANBIT launch missions to deploy MBS satellites into 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.

Artistic rendition of a HANBIT launch, courtesy of INNOSPACE

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. In addition, sovereign launch capabilities out of Europe contribute to Europe’s growing demand for ad-hoc launch capabilities on the background of responsive space initiatives.

Following the contract, MBS will exclusively distribute launch services based on the HANBIT series to satellite customers in Germany. It is expected to establish a strategic foothold in the European launch services market as well as enable faster and more effective responses to customer demand.

MBS is a German space company providing and operating full scale responsive space missions. With over 45 years’ experience, the company focuses on ad-hoc capabilities for in-theater mission support, covering aspects such as mission-critical SATCOM, situational awareness and managed gateway services on a global scale. Their international government and industry customers trust MBS’s quality, integrity and combat-proven expertise.

INNOSPACE and MBS CEOs and officials take a group photo at INNOSPACE’s Cheongju Campus

We are excited to partner with INNOSPACE as both a launch customer and exclusive sales agent for Germany,” said Sven Sünberg, Managing Director of Media Broadcast Satellite GmbH. “INNOSPACE’s innovative HANBIT launch vehicle series and agile development approach offer exactly the kind of flexibility, reliability and sovereignty that the European satellite market demands. This agreement marks an important milestone in expanding our service portfolio and delivering greater value to our customers in the Government and Defense sector. We look forward to shaping the future of responsive space and satellite launches from Europe together with INNOSPACE.”

Securing a multi-launch service contract is a meaningful achievement made possible by MBS’s deep trust in and expectations for INNOSPACE,” said Soojong Kim, founder and CEO of INNOSPACE. “We are truly grateful for this trust, and we will continue to prove our competitiveness in the global market and do our utmost to grow as a customer-tailored launch service provider.” He added, “Germany is a key market in Europe with high technological standards and a fast-growing space industry. Based on our exclusive agency agreement with MBS, we plan to strengthen our local sales capabilities and customer networks, accelerating brand recognition and customer acquisition across the European market.”

Company officials at INNOSPACE’s Cheongju Campus

Filed Under: Contracts & Commercial Deals, Launch Providers Tagged With: Featured

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