Satellite has become a fundamental contrivance for modern communication system. Most of the countries are proceeding towards launching their own satellite for a better navigation and communication purpose. So, it is essential for the students and researchers who aspire to contribute in this sector, to know how satellites are manufactured and operated in actual. The drawback is it is a costly affair and access is very limited. This limitation can be overcome by building a CanSat which consists of all the real systems of a space satellite. CanSat provides a wholesome knowledge about how a satellite performs in a real situation. A CanSat is a simulation of a real satellite, integrated within the volume and shape of a soft drink can. The challenge is to fit all the major subsystems found in a satellite, such as power, sensors and a communication system, into this small volume. Then it is deployed using a rocket or a drone from an altitude. By performing different types of tasks and facing various challenges, students can earn sufficient knowledge about a satellite which they can utilize in bigger satellite related projects. As a developing country like Bangladesh, a project on CanSat will surely boost curiosity in the mind of satellite research enthusiasts which will aid to develop the country in this new field.