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 has raised approximately €800 million in total, including €150 million through a convertible bond agreement in June 2025.
Isar Aerospace is preparing a second qualification flight called Onward and Upward.
Isar Aerospace scrubbed an attempted Spectrum launch on 9 April after discovering a leak in a composite overwrapped pressure vessel.
Isar Aerospace’s launch manifest is booked through 2028 with missions assigned by ESA, NOSA, ElevationSpace, and Astroscale.
Isar Aerospace launched its first Spectrum rocket in March 2025, and the flight failed less than a minute after liftoff.
Isar Aerospace expects Spectrum’s second flight to take place between 15 and 21 June.
Isar Aerospace is developing scalable orbital launch systems to support sovereign space access for Europe, NATO, and allied nations.
Isar Aerospace signed a May 2026 Letter of Intent with Maritime Launch Services to launch Spectrum rockets from Spaceport Nova Scotia.
Isar Aerospace’s new Parsdorf facility near Munich is designed to produce up to 40 Spectrum launch vehicles per year.
Isar Aerospace raised a €270 million Series D financing round.
Isar Aerospace will use the funding to accelerate serial production of its Spectrum launch vehicle and support global expansion.
Isar Aerospace will use the Series D funding to support global expansion, serial production of its Spectrum launch vehicle, and new global launch sites.
Isar Aerospace operates across five international locations.
The partnership is intended to extend Isar Aerospace’s launch services portfolio to mid- to high-inclination orbits from North America.
Spectrum is Isar Aerospace’s in-house developed launch vehicle.
Isar Aerospace developed Spectrum through vertical integration by designing, manufacturing, and testing the vehicle at its own facilities.
Isar Aerospace currently operates a dedicated polar launch site in Andøya, Norway.
Isar Aerospace was founded in 2018.
Isar Aerospace currently offers polar launch services from Norway.
The agreement pairs Isar Aerospace’s Spectrum rocket with Spaceport Nova Scotia in Canso, Nova Scotia.