The Local Ionospheric Measurements Satellite (LionSat) is an ionospheric investigation nanosatellite that is being developed by an interdisciplinary team of students at The Pennsylvania State University. The scientific goal is to study the local ambient and perturbed plasma environments surrounding the satellite as well as ram and wake effects as it traverses through its orbit. This project engages students from various engineering and non-technical backgrounds in the design, fabrication, testing, and flight phases. LionSat will employ a combination of new technologies, such as the Hybrid Plasma Probe and a Miniature Radio Frequency Ion Thruster, both currently under development. LionSat will collect data in a variety of geophysically interesting locations in low Earth orbit and correlate them to the ram/wake measurements