Munich‘s Isar Aerospace has closed a €270M Series D round, backed by Island Green Capital and Molten Ventures, alongside HV Capital, Lakestar, UVC Partners, and KfW Capital, to expand global operations and ramp up serial production of its Spectrum launch vehicle.
A launch window for Spectrum’s long-awaited qualification flight opens June 15–21 from Andøya, Norway, which is the fourth attempt at Mission ‘Onward and Upward.’
The company is building a new launch site in Canada, has signed a cooperation agreement with TKMS, and reports that its launch manifest extends through 2028.
In 2025, the United States had over 190 orbital launches, while Europe had fewer than 10. The main problem is production infrastructure. Right now, Isar Aerospace is the only private European company working on a production system to close this gap.
Founded in 2018 in Munich by Daniel Metzler, Josef Fleischmann, and Markus Brandl as a spinout from the Technical University of Munich, the company has now raised €270 million in Series D funding to expand globally and boost production of its Spectrum launch vehicle.
