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 use the new capital to ramp up its Munich production facility.
Isar Aerospace closed a funding round of approximately $400 million CAD, or 270 million Euros.
Isar Aerospace made its inaugural orbital attempt in March 2025, and the rocket failed shortly after launch.
Isar Aerospace signed a Letter of Intent to pursue orbital launches from Spaceport Nova Scotia.
Isar Aerospace will provide engineering feedback on the planned Launch Control Center at Spaceport Nova Scotia.
Isar Aerospace raised €270 million in Series D funding.
Isar Aerospace is developing Spectrum, a two-stage rocket designed to deliver payloads of up to 1,000 kilograms to low Earth orbit.
The new Series D funding is intended to support Isar Aerospace’s transition to operational flight cadences and ramp up serial production.
Isar Aerospace provides scalable orbital launch systems to support sovereign space access for Europe, NATO, and allied nations.
Existing investors in Isar Aerospace’s Series D financing round included HV Capital, Lakestar, UVC Partners, and KfW Capital.
The Series D financing is intended to support Isar Aerospace’s international expansion and increase production of the Spectrum orbital launch vehicle.
Isar Aerospace closed a €270 million Series D financing round on 9 June.
About 60% of Isar Aerospace’s recorded demand is linked to defense applications.
Isar Aerospace plans to expand its global presence, beginning with a new launch facility in Canada.
Isar Aerospace plans to bring a new factory near Munich online to accelerate production.
Isar Aerospace previously operates from the Andøya Space launch site in Norway.
Isar Aerospace has begun a collaboration with TKMS on the Canadian patrol submarine project.
The launch window for Onward and Upward is June 15 to June 21 from Isar Aerospace’s dedicated launch complex at Andøya Space.
Isar Aerospace’s new factory near Munich will be capable of producing up to 40 Spectrum launch vehicles per year with a high degree of automation.
Isar Aerospace has signed a letter of intent with Maritime Launch Services to use Spaceport Nova Scotia in Canada.