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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The maiden flight of the Isar Aerospace Spectrum rocket is slated for mid-2022 contingent on the launch pad being built by Andøya Space in Norway being fully operational in time.
In return for 11,000,000 EUR in funding, Isar Aerospace must launch two 150-kilogram payloads of the German government’s choosing over two flights.
Isar Aerospace has raised more than $90,000,000 in private funding since 2019, including a $75,000,000 Series B round led by venture capital fund Lakestar.
Isar Aerospace, Rocket Factory Augsburg, and HyImpulse Technologies each received 500,000 EUR in ESA Boost! funding in November to fund specific development goals.
All three companies that qualified for the DLR competition—Isar Aerospace, Rocket Factory Augsburg, and HyImpulse Technologies—remain eligible to compete for an additional 11,000,000 EUR to be awarded under Boost! in 2022.
Isar Aerospace announced its first launch contract on 2021-04-22 with Airbus Defence and Space to launch a future Earth observation satellite into sun-synchronous orbit.
Isar Aerospace arranged a 20-year exclusive lease for one of two launch pads being built at Norway’s Andøya Space Center.
Isar Aerospace is developing the two-stage Spectrum rocket to deliver up to 700 kg of payload to sun-synchronous orbit.
Isar Aerospace aims to debut Spectrum in 2022 from Norway’s Andøya Space Center.
The 20-year lease for the Andøya launch pad enables Isar Aerospace to deploy payloads into sun-synchronous and polar orbits.
The 20-year lease at Andøya Space Center will enable Isar Aerospace to deploy payloads into sun-synchronous and polar orbits.
Isar Aerospace was awarded €1.5 million as part of the European Space Agency’s Boost! initiative a month before its December Series B funding round.
Orbex and Skyrora join German launch startups HyImpulse Technologies, Rocket Factory Augsburg, and Isar Aerospace, each of which were awarded €1.5 million in Boost! funding in November 2020.
Isar Aerospace is a European small launch company that seeks large funding rounds to compete with American space companies.
Isar Aerospace raised a 75,000,000 EUR Series B round on 2020-12-09 led by Lakestar with participation from Earlybird, Vsquared Ventures, and existing investors.
Isar Aerospace raised $17,000,000 in a Series A round one year prior to its Series B.
Isar Aerospace is developing a launch vehicle called Spectrum designed to place up to 1,000 kg into low Earth orbit.
Isar Aerospace is one of three German launch startups to receive a 500,000 EUR grant from the European Space Agency to support small launch vehicle development alongside HyImpulse and Rocket Factory Augsberg.
Isar Aerospace received a €500,000 ESA support contract under the Boost! program.
Isar Aerospace will use its Boost! funding to further develop Spectrum’s system and expand the company’s launch vehicle manufacturing line in Ottobrunn, Germany.