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.