Isar Aerospace is a German aerospace manufacturer and launch service provider founded in 2018. They are developing "Spectrum," a two-stage, liquid-fueled rocket designed to launch small to medium-sized satellites (up to 1,000 kg) into low Earth orbit. Isar Aerospace operates launch sites in Andøya, Norway and intends to launch from Guiana Space Centre in French Guiana and has secured contracts with customers like Airbus Defence and Space and the Norwegian Space Agency. The company's key investors include the NATO Innovation Fund, Earlybird, Airbus Ventures, and Lakestar.
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Isar Aerospace will offer a fully privately funded European launch solution to transport small and medium-sized satellites into space.
German rocket developer Isar Aerospace has exclusive access to the first launch site at Andøya built to Isar Aerospace’s specifications.
Isar Aerospace raised $165,000,000 in a Series C funding round in March.
Isar Aerospace’s Spectrum launch vehicle is designed to deliver up to 700 kg to sun-synchronous orbit and up to 1,000 kg to low Earth orbit.
Germany’s Isar Aerospace and Rocket Factory Augsburg are developing launch vehicles with first launches projected by 2026.
D-Orbit signed a contract in 2022 with Isar Aerospace to provide customers flexibility in choosing launch orbits using Isar’s Spectrum vehicle.
Isar Aerospace is developing its Spectrum vehicle and could debut it before the end of the year from Norway.
Isar Aerospace raised $165,000,000 in March to support development of its Spectrum launcher.
Isar Aerospace and Rocket Factory Augsburg are developing small launch vehicles with first flights that could take place before the end of the year.
Isar Aerospace raised $165,000,000 in a Series C round backed by several European investors on 2023-03-28.
Isar Aerospace has raised more than $330,000,000 in total funding to date.
Isar Aerospace raised $165,000,000 in a Series C funding round announced 2023-03-28 to scale up production of its Spectrum rocket.
Isar Aerospace planned up to four Spectrum launches in 2024.
Isar Aerospace is manufacturing flight hardware and completing work on launch site infrastructure for Spectrum.
Isar Aerospace closed a $165,000,000 (155,000,000 EUR) Series C funding round.
Isar Aerospace’s Series C round increased the company’s valuation compared to its Series B round in July 2021.
At the Satellite 2023 conference, Isar Aerospace executives reported that the company had funding sufficient to get beyond the first launch with margin in the event of a launch failure.
Isar Aerospace has raised a total financing amount of more than $330,000,000 (310,000,000 EUR).
Isar Aerospace is the most capitalized independent New Space company in the European Union based on its total financing of more than $330,000,000 (310,000,000 EUR).
The Aquila engine that powers Spectrum completed 124 hot-fire tests at Isar Aerospace’s test site in Esrange, Sweden, including 11 hot-fire tests in one day.