diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3e475741..aad359a6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,11 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [0.3.3] - 2023-10-26
+
+### Fixed
+- Launcher: Fix missing RAM relocation emulation on NanoX, NanoSP and Stax
+
 ## [0.3.2] - 2023-09-28
 
 ### Fixed
diff --git a/src/launcher.c b/src/launcher.c
index 5a328ea4..8e114d7b 100644
--- a/src/launcher.c
+++ b/src/launcher.c
@@ -17,6 +17,8 @@
 #include "svc.h"
 
 #define LOAD_ADDR     ((void *)0x40000000)
+#define LINK_RAM_ADDR (0xda7a0000)
+#define LOAD_RAM_ADDR (0x50000000)
 #define MAX_APP       16
 #define MAIN_APP_NAME "main"
 
@@ -299,6 +301,11 @@ static void *load_app(char *name)
   data_addr = get_lower_page_aligned_addr(app->elf.stack_addr);
   data_size = get_upper_page_aligned_size(
       app->elf.stack_size + app->elf.stack_addr - (unsigned long)data_addr);
+  if (app->elf.stack_addr == LINK_RAM_ADDR) {
+    // Emulate RAM relocation
+    data_addr = (void *)LOAD_RAM_ADDR;
+    data_size = get_upper_page_aligned_size(app->elf.stack_size);
+  }
 
   /* load code
    * map an extra page in case the _install_params are mapped in the beginning
@@ -547,7 +554,11 @@ static int run_app(char *name, unsigned long *parameters)
   /* thumb mode */
   f = (void *)((unsigned long)p | 1);
   stack_end = app->elf.stack_addr;
-  stack_start = app->elf.stack_addr + app->elf.stack_size;
+  if (app->elf.stack_addr == LINK_RAM_ADDR) {
+    // Emulate RAM relocation
+    stack_end = LOAD_RAM_ADDR;
+  }
+  stack_start = stack_end + app->elf.stack_size;
 
   asm volatile("mov r0, %2\n"
                "mov r9, %1\n"