What Happened
Private Space Launch Company Expands Global Network to Canada
Inospace, a private space launch company, has signed a contract with Canadian space defense company AlSat Space to distribute small satellite launch services. The partnership expands Inospace’s global network to 8 countries and 10 companies, with AlSat Space handling sales and customer acquisition in Canada. Inospace aims to target countries with high demand for launches, including the United States, the United Kingdom, Germany, Japan, Italy, and Canada. According to Maeil Business Newspaper, the Canadian space industry recorded sales of about 4.9 trillion won as of 2024, with market demand rapidly increasing.