Germany’s Isar Aerospace said it has signed a €270 million Series D funding round to expand operations worldwide and provide sovereign space capabilities for Europe, NATO and allies.
“The capital will drive global scaling and ramp up serial production of the Spectrum launch vehicle,” said Isar Aerospace.
“Following its first launch pad in Norway, Isar Aerospace now plans to build a new launch site in Canada. Given strong demand from nations globally to deliver an integrated launch system for assured access to space, additional sites worldwide are under negotiation.”
The round was backed by new investors Island Green Capital and Molten Ventures with strong participation from existing investors HV Capital, Lakestar, UVC Partners with co-investor KfW Capital, and others, with substantial contributions from European stakeholders.
Daniel Metzler, co-founder and CEO of Isar Aerospace, said: “Space is no longer a frontier; it is the infrastructure of national power. With this strategic backing, we are expanding access to space for nations worldwide, delivering an orbital launch system at scale for government and commercial customers.”