HANBIT-NANO (Korean: 한빛-나노) is a two-stage small-lift launch vehicle currently under development by South Korean space startup Innospace.

In December 2024, the first and second stage separation verification tests, which are essential steps in the development of HANBIT-Nano, were successfully completed. The test was conducted at the company's Cheongju plant in North Chungcheong Province, and was carried out in a test facility that simulated the single separation process.

The first launch was initially scheduled for July 2025 from the Alcantara Launch Center in Brazil. In May 2025 INNOSPACE announced that it was rescheduled to the second half of 2025 due to technical issues with the first-stage electric pump and hybrid propulsion system.

On October 20, 2025, Innospace announced that they got the authorization from KASA for their first orbital mission, Spaceward.

It is a two-stage launch vehicle that is 21.8 m long and 1.4 m in diameter and can launch 90 kg into a sun-synchronous orbit at an altitude of 500 km.

The first stage is powered by a single 25-ton hybrid engine. The second stage uses one of two interchangeable engines depending on the customer's mission requirements: either the 3.5-ton hybrid engine 'Hyper' or the 3-ton methane engine 'LiMER'. This design enables customized launch services tailored to specific payloads.

Instead of using gunpowder to create explosive force during the separation, a split nut method using pressure and screws has been adopted. Innospace explained, "Compared to the method using gunpowder, the structure is simple and lightweight, and in particular, it can minimize the impact on the projectile and payload during the separation process."

The fairing was designed by the company to maximize weight reduction and durability by using a lightweight carbon composite layering method instead of a metal structure. A high-temperature coating material is applied to ensure heat resistance in extreme environments.