This article provides a historical look at the past four years of nanosatellites launch activity. In this period, there were recorded 55 nanosatellites launches, 16 of them were lost in 26th July 2006, as the launcher Dnepr-1 has exploded 86 seconds after launch.This paper presents an analysis of the nanosatellites launches in the period 2004 - 2007, based on the following criteria: the owner country of the payload, mass and mission category, type of orbit, type of launcher, spaceport, mission status and type of activity