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3DExpress: South Korean Aerospace Company INNOSPACE Launches New AM Division
Yet again, additive manufacturing is poised to help rockets take flight. In this week’s 3DExpress, read about aerospace company INNOSPACE launching its new advanced manufacturing division, footwear company Koobz’s $7.2 million investment round, a partnership between A
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Yet again, additive manufacturing is poised to help rockets take flight. In this week’s 3DExpress, read about aerospace company INNOSPACE launching its new advanced manufacturing division, footwear company Koobz’s $7.2 million investment round, a partnership between ASTM International and Nikon Advanced Manufacturing, and more!
INNOSPACE Bets on Additive Manufacturing for Rocket Engine Production
South Korean aerospace company INNOSPACE has launched a new advanced manufacturing division for the in-house production of launch vehicle engines and components. The new division will operate under a production system that will combine different metal additive manufacturing technologies. The company has announced that it is now operating at full capacity after passing, for the first time in South Korea, the ISO/ASTM 52941-20 international standard shipping inspection for additive manufacturing equipment in the aerospace industry. Its production system covers the entire value chain, from design and manufacturing to surface treatment and quality control. All managed in-house.
By the end of the year, INNOSPACE plans to consolidate engine production and other key launch vehicle components, implement a data-driven quality management system, and optimize costs and delivery times. In addition to strengthening its position in the space market, the company plans to expand its production system. Soojong Kim, founder and CEO of INNOSPACE states that the system “has the potential to expand into high-value-added industries beyond aerospace and defence, including automotive and semiconductors, further enhancing Innospace’s commercialisation competitiveness.”
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