Isar Aerospace has signed a €270 million Series D round as the Munich-based launch company prepares for its qualification flight later this month.

The round includes new investors Island Green Capital and Molten Ventures, alongside existing backers including HV Capital, Lakestar, and UVC Partners with co-investor KfW Capital. The company said the funding will support global expansion, ramp up serial production of its Spectrum launch vehicle, and finance a new launch site in Canada after establishing its first pad in Norway.

The raise comes with a launch window for Isar Aerospace’s qualification flight set for June 15 to 21. Founded in Germany, the company develops, manufactures, and tests its launch vehicles largely in-house and is targeting the growing market for small and medium-sized satellite launches.

The financing highlights continued investor appetite for European space infrastructure as regional launch providers seek to scale capacity and broaden sovereign access to orbit.