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 plans the first flight of the Spectrum vehicle in 2021.
The European Space Agency awarded HyImpulse Technologies, Rocket Factory Augsburg, and Isar Aerospace a combined 1,500,000 EUR to support development of competing microlaunchers.
The ESA Boost! support contracts to HyImpulse, Rocket Factory Augsburg, and Isar Aerospace were announced on 2020-11-03.
Isar Aerospace is developing the two-stage Spectrum vehicle designed to carry payloads of up to 1,000 kg to low Earth orbit.
Isar Aerospace will use Boost! funding to further develop Spectrum’s control system and expand its launch vehicle manufacturing line in Ottobrunn, Germany.
Isar Aerospace was founded in 2018 and is independently developing the two-stage Isar Spectrum vehicle.
Each of HyImpulse, Isar Aerospace, and Rocket Factory Augsburg applied in the summer for 500,000 EUR in development assistance to mature their designs ahead of competing for follow-on Boost! awards worth 11,000,000 EUR.
German launch startup Isar Aerospace raised 15,000,000 EUR in 2019.
Isar Aerospace, HyImpulse Technologies, and Rocket Factory Augsburg will use the DLR funds to further develop their launch vehicles ahead of a follow-on competition in spring 2021.
Isar Aerospace received a 500,000-euro award from the German space agency DLR as part of a competition to foster small launch vehicles.
Isar Aerospace has selected a launch site in mainland Europe and is in contact with several other launch sites to support missions needing different inclinations.
Isar Aerospace targets launch prices below 15,000 EUR per kilogram with an eventual goal of reaching below $10,000 per kilogram.
Isar Aerospace’s $17,000,000 Series A is intended to fund the 30-person company through to a full-duration engine hot-fire and to enable the company to double in size in the coming months.
Munich-based Isar Aerospace is developing Spectrum, a two-stage, liquid-fueled rocket designed to launch 1,000 kg to low Earth orbit.
Isar Aerospace raised $17,000,000 in a Series A round led by Airbus Ventures and Earlybird Venture Capital.
European tech investors Vito Ventures, UVC Partners, and Apeiron Investment Group participated in Isar Aerospace’s seed round and $17,000,000 Series A.
Isar Aerospace designed Spectrum so a mission can be completed even if one of its first-stage engines fails in flight.
Isar Aerospace was formed in 2018 or later and aimed for a first Spectrum launch anticipated in late 2021.