Abstract
Many universities are now developing CubeSats or micro/nano satellites. Some companies, such as Surrey Satellite Technology Ltd. (SSTL) or Innovative Solutions In Space (ISIS), were spun off from these activities and started the space business. On the other hand, most of space development is operated by government agencies under public funding. The space industry is not acknowledged as a business by the general public. Innovative Nano Satellite Technology Center (INSTEC) was established in April 2010 to make the space industry more active with using a nano satellite. It includes technology development team, mission design team, and universities. One of main missions of this center is to create a new application of nano satellite. Agricultural, piscatorial, environmental, and other mission are under study for coming out five nano satellites launch in next four years.
