NewSpace AtlasSearch

Isar Aerospace

German rocket startup building Spectrum, a small launcher for satellites up to about a tonne. Its first flight failed in March 2025; its second flight in September 2026 reached orbit and deployed satellites. (1 product in the atlas)

Products, by altitude

Launch · From the pad to orbit

  • In service

    Spectrum

    Two-stage rocket that carries about a ton to orbit

Known rounds

DateRoundAmountLed by
Jun 2026Series D€270M—⁠1
Jun 2025Convertible bond€150MEldridge Industries⁠2
Dec 2020Series B$91MLakestar⁠3
Dec 2019Venture round$17MEarlybird, Airbus Ventures⁠3

Government awards

DateAgencyProgramAmount
Aug 2026European Space AgencyEuropean Launcher ChallengeEUR 200M⁠4

Milestones

  • Sep 2026 Launch broker Seops booked five more Spectrum missions for 2028 to 2030, bringing their deal to six launches.⁠5
  • Aug 2026 Awarded EUR 197.8 million under ESA's European Launcher Challenge, conditional on reaching orbit by the end of 2027.⁠6

Sources

  1. Isar Aerospace press releaseJun 9, 2026
  2. European SpaceflightJun 25, 2025
  3. TechCrunchDec 8, 2020
  4. Isar Aerospace press releaseAug 27, 2026
  5. Munich StartupSep 22, 2026
  6. European SpaceflightAug 27, 2026

Updated Oct 22, 2026 · How we source facts · Suggest a correction