TiSPACE (Taiwan Innovative Space) is a private company in Taiwan specializes in space technologies and launch services. Our headquarters is in central Taiwan and close to high-tech science parks. In addition, we have our own private launch site in the low-latitude region by the southeast coastline of Taiwan. TiSPACE is a new player in the Space Industry with very competitive space launch systems based on hybrid rocket propulsion technologies. Other than hybrid rocket propulsion systems, we have also developed the orbit insertion enabling technologies of guidance, navigation and control with reliable tracking and telemetry. By fully utilizing the high-tech and precision manufacturing capabilities with locally available parts and materials, our launch vehicle systems are 100 percent made in Taiwan (MIT), which allows us to enter the dedicated space launch services market with very competitive cost. Formosan Space Inc. is founded to assemble, integrate and provide space launch services, perform launches from local spaceports for customers in the US. Established in Aug. 2019 in California USA, FSI is the first overseas subsidiary owned by TiSPACE and will work seamlessly as a team to offer more launch sites options and responsive services for our customers.