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The Series C extension funding will enable Isar Aerospace to continue investing in the build-up and equipment for its series production.
Isar Aerospace has raised more than €400 million in total funding since its foundation in 2018.
Isar Aerospace raised more than 65,000,000 EUR in an extension of its Series C round on 2024-06-20.
At the Satellite 2024 conference in March 2024, Isar Aerospace planned an inaugural Spectrum launch for summer 2024.
Isar Aerospace plans to develop a new headquarters in the Munich suburb of Vaterstetten that will include a factory capable of producing up to 40 Spectrum rockets a year.
Isar Aerospace has raised more than 400,000,000 EUR to date.
Isar Aerospace is working toward its first Spectrum mission before the end of 2024.
Isar Aerospace is preparing to launch its Spectrum rocket from Andøya Spaceport in Norway with the goal of launching in the summer of 2023.
Stella Guillen, chief commercial officer of Isar Aerospace, believes Starship will open opportunities for larger satellites.
Isar Aerospace, Orbex, PLD Space, and Rocket Factory Augsburg are four startups selected for the European Flight Ticket Initiative that are working on small launch vehicles.
Isar Aerospace has exclusive access to the first launch site at Andøya Spaceport, which was built to Isar Aerospace’s specifications.
Isar Aerospace will offer a fully privately funded European launch solution to transport small and medium-sized satellites into space.
The first launch site at Andøya Spaceport includes a launch pad, payload integration facilities, and a mission control center built to Isar Aerospace’s specifications.
German rocket developer Isar Aerospace has exclusive access to the first launch site at Andøya built to Isar Aerospace’s specifications.
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.
Isar Aerospace raised $165,000,000 in a Series C funding round in March.
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.