Isar Aerospace SE
- Founded: 2018
- Country:
- Industry:
- Headquarters: Ottobrunn, Germany
Description: Isar Aerospace is a German aerospace company specializing in developing and manufacturing cost-effective and sustainable launch vehicles for small and medium-sized satellites. The company aims to lower entry barriers to space by providing affordable and efficient launch services.
Vision:
To offer the first fully privately funded European solution to meet the growing global demand for space access.
Mission:
To create access to space for small and medium-sized satellites, enabling the future of technology and driving the European commercial space push.
Contact:
- Website: https://isaraerospace.com/
- Email: info@isaraerospace.com
- Social Media:
Investors:
- HV Capital
- Earlybird Venture Capital
- Bayern Kapital
- Lakestar
- UVC Partners (Unternehmertum Venture Capital Partners)
- Airbus Ventures
- Lombard Odier
- Vito Ventures
- NATO Innovation Fund (NIF)
- Besant Capital
- Finadvice Med HOLDINGS AG
- Aidenlair Capital
- Vsquared Ventures
- 7- Industries
- Bulent Altan
- LP&E
- Paul Achleitner
- G3T
- Porsche Automobil Holding SE (Porsche SE)
Funding:
- Series A Funding: Dec 10, 2019, $: US Dollar15 million
- Series B Funding: Dec 9, 2020, $: US Dollar91 million
- Series A Funding: Jul 28, 2021, $: US Dollar75 million
- Series C Funding: Mar 28, 2023 , $: US Dollar155 million
- Dept Financing : Jun 4, 2024, $: US Dollar20 million
- Series C Funding: Jun 20, 2024, $: US Dollar65 million
Total Funding: €440 million
Key Milestones:
- 2021 : igned a 20-year exclusive agreement with Andøya Space in Norway for a dedicated launch pad, enabling access to polar and sun-synchronous orbits. Raised €75M Series B; expansion of production site in Ottobrunn
- January 2022: Won the European Commission's European Innovation Council (EIC) Horizon Prize "Low-Cost Space Launch," receiving a grant of €10 million
- 2022 : Selected by the French space agency CNES to be the first privately funded company to launch from the Guiana Space Centre in French Guiana.
- 2023 : Integration of full Spectrum system, completion of stage qualification
- 2025: First test flight from Andøya Spaceport (partial failure; vehicle anomaly post-liftoff)
Sector:
Products & Services:
- Spectrum Launch Vehicle: A two-stage, liquid-fueled rocket designed to deliver payloads of up to 1,000 kilograms to low Earth orbit (LEO). Spectrum utilizes liquid oxygen and propane as propellants and is engineered for flexibility to accommodate various payload requirements.
- Launch Services: Dedicated or rideshare launches from multiple spaceports (Norway, French Guiana, future Bavarian site).
- Manufacturing: Full-scale vertical integration including propulsion, structures, and avionics. TRL: 7 (Vehicle integrated, first test flight conducted 2025)