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Isar Aerospace

🇩🇪GermanyEuropean Micro-Launch
Founded 2018•Munich, Germany•CEO: Daniel Metzler
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Valuation

~$1B

Current Status

Raised over EUR 310M in funding, reaching approximately $1B valuation. Spectrum rocket development progressing toward first flight from Andoya Space Port in Norway. Positioned as a leading contender for European independent launch access alongside RFA and PLD Space.

Future Outlook

Spectrum addresses Europe's critical need for sovereign launch capability after Ariane 6 delays. First flight will be a major milestone for European commercial space. Strong institutional backing from ESA and European defense agencies. Competing with RFA for new European launcher crown.

Key Products

Spectrum — small-to-medium lift rocket for European sovereign launch access
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Recent Milestones

Spectrum rocket integration and testing milestones

2024

First flight from Andoya, Norway expected

2025

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