Recent progress in remote sensing image (RSI) super-resolution (SR) has exhibited remarkable performance using deep neural networks, e.g., Convolutional Neural Networks and Transformers. However, existing SR methods often suffer from either a limited receptive field or quadratic computational overhead, resulting in sub-optimal global representation and unacceptable computational costs in large-scale RSI. To alleviate these issues, we develop the first attempt to integrate the Vision State Space Model (Mamba) for RSI-SR, which specializes in processing large-scale RSI by capturing long-range dependency with linear complexity. To achieve better SR reconstruction, building upon Mamba, we devise a Frequency-assisted Mamba framework, dubbed FMSR, to explore the spatial and frequent correlations. In particular, our FMSR features a multi-level fusion architecture equipped with the Frequency Selection Module (FSM), Vision State Space Module (VSSM), and Hybrid Gate Module (HGM) to grasp their merits for effective spatial-frequency fusion. Recognizing that global and local dependencies are complementary and both beneficial for SR, we further recalibrate these multi-level features for accurate feature fusion via learnable scaling adaptors. Extensive experiments on AID, DOTA, and DIOR benchmarks demonstrate that our FMSR outperforms state-of-the-art Transformer-based methods HAT-L in terms of PSNR by 0.11 dB on average, while consuming only 28.05% and 19.08% of its memory consumption and complexity, respectively.