Isar Aerospace

The company is developing Spectrum, a two-stage, liquid-fueled rocket designed to launch 1,000 kilograms to low Earth orbit.{{Cite web|url=https://spacenews.com/german-launch-startup-raises-17-million-with-help-from-airbus-ventures-and-an-ex-spacex-employee/|title=German launch startup raises $17 million with help from Airbus Ventures and an ex-SpaceX employee|date=December 12, 2019|website=SpaceNews}}

Isar Aerospace intends to manufacture 80% of the rocket themselves, using primarily technology from the tech firms in the area surrounding Munich.{{Cite web|url=https://interestingengineering.com/science/german-aerospace-startup-joins-the-international-space-race|title=German Aerospace Startup Joins the International Space Race|website=amp.interestingengineering.com|date=7 September 2020 }}

A launch license was issued by the Norwegian Civil Aviation Authority (NCAA) on 17 March 2025.{{Cite web |date=2025-03-17 |title=Isar Aerospace receives NCAA Permit for launch and is ready for first test flight |url=https://www.isaraerospace.com/press/isar-aerospace-receives-ncaa-permit-for-launch-and-is-ready-for-first-test-flight |url-status=live |archive-url=https://web.archive.org/web/20250317191916/https://www.isaraerospace.com/press/isar-aerospace-receives-ncaa-permit-for-launch-and-is-ready-for-first-test-flight |archive-date=2025-03-17 |access-date=2025-03-17}} The launch occurred on 30 March 2025 but fell back to earth after losing control.{{Cite web |title=Flight News! |url=https://isaraerospace.com/newsroom-first-test-flight |archive-url=https://web.archive.org/web/20250330124012/https://isaraerospace.com/newsroom-first-test-flight |archive-date=2025-03-30 |access-date=2025-03-30 |website=Isar Aerospace |language=en}}{{Cite web |last=Picheta |first=Rob |date=2025-03-30 |title=Orbital rocket crashes seconds after take-off in rare European spaceport launch |url=https://edition.cnn.com/2025/03/30/europe/isar-aerospace-orbital-rocket-launch-norway-intl/index.html |access-date=2025-03-31 |website=CNN |language=en}}

In 2018 Isar Aerospace received first angel investment from early SpaceX leader Bulent Altan and others.{{cite web |title=Bulent Altan: Rocket Man |url=https://www.passion4tech.de/blog/bulent-altan-rocket-man |website=yung and wlde |access-date=13 November 2024 |language=de}}{{cite web |title=Alpine Space Ventures schließt 170 Mio. EUR Early-Stage-Fonds |url=https://www.vc-magazin.de/blog/2024/07/11/alpine-space-ventures-170-mio-early-stage-fonds/ |website=VC Magazin |language=de |date=11 July 2024}}

In April 2020 Isar Aerospace closed US$17M in Series A funding led by Earlybird and Airbus Ventures to build its space platform.{{Cite web|url=https://spacewatch.global/2020/04/isar-aerospace-expands-into-next-generation-rocket-production-facilities-near-munich/|title=Isar Aerospace Expands Into Next-Generation Rocket Production Facilities Near Munich|first=Melissa|last=Maday|date=April 16, 2020|website=SpaceWatch.Global}}{{cite web |last1=Tischer |first1=Simon |title=Isar Aerospace schließt Finanzierungsrunde mit 17 Millionen Dollar ab |url=https://www.munich-startup.de/55971/isar-aerospace-investment/ |website=Munich Startup |language=de |date=20 December 2019}}

In December 2020, the company got an additional €75 million ($91 million) in funding led by Lakestar and with participation of HV Capital and Ann-Kristin and Paul Achleitner as well as existing investors.{{Cite web|last=Lunden|first=Ingrid|url=https://techcrunch.com/2020/12/08/germanys-isar-aerospace-raises-91m-to-get-its-satellite-launch-vehicle-off-the-ground/|title=Germany's Isar Aerospace raises $91M to get its satellite launch vehicle off the ground|work=TechCrunch|date=8 December 2020|access-date=13 December 2022}}

In July 2021, Porsche SE acquired a small stake in Isar Aerospace.{{Cite web|title=Porsche инвестировала в разработчика ракет-носителей Isar Aerospace|url=https://inventure.com.ua/news/world/porsche-investirovala-v-razrabotchika-raket-nositelej-isar-aerospace|access-date=2021-10-12|website=inventure.com.ua|language=ru}} The financial terms of the deal are not disclosed, but it is known that in the new round of financing, the startup raised about $75 million. Porsche explained of its investment that Isar Aerospace had great potential to become a leading European manufacturer of launch vehicles.{{Cite web|title=Porsche приобрела долю в разработчике ракет-носителей.|url=https://www.tadviser.ru/index.php/Компания:Isar_Aerospace_Technologies|access-date=2021-10-12|website=TAdviser.ru}}{{cite web |last1=Heuberger |first1=Sarah |title=Isar Aerospace gewinnt Porsche als neuen Investor |url=https://www.businessinsider.de/gruenderszene/automotive-mobility/isar-aerospace-gewinnt-porsche-als-neuen-investor/ |website=Business Insider |language=de-DE |date=28 July 2021}}

In March 2023, the startup raised a $165 million Series C from 7-Industries Holding, Bayern Kapital, Lombard Odier and existing investors.{{cite web |title=Space company Isar Aerospace secures Series C Funding Round of USD 165m to meet global demand for access to space |url=https://spacenews.com/space-company-isar-aerospace-secures-series-c-funding-round-of-usd-165m-to-meet-global-demand-for-access-to-space/ |website=SpaceNews |access-date=13 November 2024 |date=28 March 2023}}

An additional $70 million was raised in 2024 from the NATO Innovation Fund and others as an extension of an earlier Series C round. The total funding is now greater than 400 million euros.{{Cite web |last=Foust |first=Jeff |date=2024-06-20 |title=Isar Aerospace raises $70 million |url=https://spacenews.com/isar-aerospace-raises-70-million/ |access-date=2024-06-20 |website=SpaceNews |language=en-US}}

In April 2021, Isar Aerospace, signed a contract with Andøya Space to lease the launch pad. The 20-year deal will allow the company to launch their Spectrum launch vehicle.{{Cite web|title=Isar Aerospace signs exclusive launch pad in Norway for up to 20 years|url=https://www.andoyaspace.no/articles/isar-aerospace-signs-exclusive-launch-pad-in-norway-for-up-to-20-years|access-date=2021-10-12|website=www.andoyaspace.no}}

In January 2022 the company won European Commission's European Innovation Council (EIC) Horizon Prize "Low-Cost Space Launch", which included a grant of 10 million Euros.{{Cite web|url=https://www.careersin.space/isar-aerospace-wins-european-commissions-eic-horizon-prize-and-receives-10-million-euros/|title=Isar Aerospace wins European Commission's EIC Horizon Prize and receives 10 million euros – CAREERS IN SPACE|date=28 January 2022 }}

In July 2022, Isar Aerospace announced that the French space agency, the CNES, selected the startup to be the first private company launch from the Guiana Space Centre, in French Guiana. The company will use the launchpad formerly used by Diamant.{{Cite web |url=https://www.isaraerospace.com/press/isar-aerospace-selected-to-be-first-privately-funded-launch-services-company-flying-satellites-from-guiana-space-centre|title=Isar Aerospace selected to be first privately-funded launch services company flying satellites from Guiana Space Centre|access-date=2022-07-22 |website=www.isaraerospace.com}}

In November 2022, Isar Aerospace and Exotrail signed a multiple launch services agreement. The launch vehicle Spectrum will launch Exotrail's spacevan vehicle on several firm launches to low Earth Orbit (LEO) and geostationary transfer orbits (GTO) form Isar Aerospace's launch sites.{{Cite web |title=Exotrail and Isar Aerospace sign multiple launch services agreement to break new ground in space mobility |url=https://isaraerospace.com/press/exotrail-and-isar-aerospace-sign-multiple-launch-services-agreement |access-date=2025-03-26 |website=Isar Aerospace |language=en}}{{Cite web |last=Foust |first=Jeff |date=2022-11-03 |title=Exotrail signs launch agreement with Isar Aerospace |url=https://spacenews.com/exotrail-signs-launch-agreement-with-isar-aerospace/ |access-date=2025-03-26 |website=SpaceNews |language=en-US}}{{Cite web |last=Parsonson |first=Andrew |date=2022-11-03 |title=Exotrail and Isar sign multi-launch agreement |url=https://europeanspaceflight.com/exotrail-and-isar-sign-multi-launch-agreement/ |access-date=2025-03-26 |website=European Spaceflight |language=en-US}}

On 30 March 2025, the inaugural launch Isar's first space launcher, the Spectrum rocket, launching from Andoya Space Port, experienced an anomaly and was terminated 30 seconds into flight before falling back to the earth and exploding on the mission "Going Full Spectrum". {{cite news |url= https://www.nasaspaceflight.com/2025/03/launch-roundup-032425/ |title= Launch Roundup: Alpha, Spectrum, Electron, and Falcon 9 set to fly |author= Martin Smith |date= 24 March 2025 |publisher= NasaSpaceFlight }} {{cite news |url= https://www.nasaspaceflight.com/2025/03/isar-first-launch/ |title= Isar Aerospace set for second attempt at first orbital launch from continental Europe |author= Justin Davenport |date= 30 March 2025 |publisher= NasaSpaceFlight }} {{cite AV |title= Livestream: First test flight of Isar Aerospace |date= 30 March 2025 |author= NSF |via= Isar Aerospace |id= {{youtube|IKLQxe2MvpQ|IKLQxe2MvpQ}} }} {{cite news |last1= Schmitt |first1= Tina |title= Isar Aerospace lifts off successfully during first test flight of orbital launch vehicle |url= https://isaraerospace.com/press/isar-aerospace-lifts-off-successfully-during-first-test-flight-of-orbital-launch-vehicle |work= Isar Aerospace |issue= 30 March, 2025 }}

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• HyImpulse
• WARR (TUM)

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• [https://www.isaraerospace.com Isar Aerospace - Launch Solutions for Satellite Constellations]

Category:Aerospace companies of Germany

Category:Private spaceflight companies

Category:German companies established in 2018

Category:Manufacturing companies based in Munich