 | |
 Render of the Spectrum rocket taking off from the launchpad | |
| Company type | Privately held company |
|---|---|
| Industry | Aerospace |
| Founded | March 2018 |
| Founder |
|
| Fate | Active |
| Headquarters | , Germany |
| Products | Spectrum |
Number of employees | 180 (2018) |
| Website | https://isaraerospace.com |
Isar Aerospace is a German aerospace company based in Munich, Germany. The company was founded in 2018. [1] The company is named after the river that flows through Munich. [2]
The company is developing Spectrum, a two-stage, liquid-fueled rocket designed to launch 1,000 kilograms to low Earth orbit. [3]
Isar Aerospace intends to manufacture 80% of the rocket themselves, using primarily technology from the tech firms in the area surrounding Munich. [4]
The first test flight of Spectrum is planned for 2024.[ citation needed ]
In April 2020 Isar Aerospace closed US$17M in Series A funding to build its space platform. [5]
In December 2020, the company got an additional €75 million ($91 million) in funding. [6]
In April 2021, Isar Aerospace, signed a contract with Andøya Space to lease the launch pad. [7] The 20-year deal will allow the company to launch the Spectrum.
In July 2021, Porsche SE acquired a small stake in Isar Aerospace. [8] The financial terms of the deal are not disclosed, but it is known that in the new round of financing, the startup raised about $75 million. Porsche explained of its investment that Isar Aerospace had great potential to become a leading European manufacturer of launch vehicles. [9]
In total, the startup had raised more than $180 million by late 2021, from investors such as HV Capital, Lakestar, Earlybird and Airbus Ventures. [9]
In January 2022 the company won European Commission's European Innovation Council (EIC) Horizon Prize "Low-Cost Space Launch", which included a grant of 10 million Euros. [10]
In July 2022, Isar Aerospace announced that the French space agency, the CNES, selected the startup to be the first private company launch from the Guiana Space Centre, in French Guiana. The company will use the launchpad formerly used by Diamant. [11]
An additional $70 million was raised in 2024 as an extension of an earlier Series C round. The total funding is now greater than 400 million euros. [12]
The Guiana Space Centre, also called Europe's Spaceport, is a European spaceport to the northwest of Kourou in French Guiana, a region of France in South America. Kourou is located approximately 310 mi (500 km) north of the equator at a latitude of 5°. In operation since 1968, it is a suitable location for a spaceport because of its equatorial location and open sea to the east.
Andøya Space, also named Andøya Space Center and formerly Andøya Rocket Range, is a rocket launch site, rocket range, and spaceport on Andøya island in Andøy Municipality in Nordland county, Norway. Since 1962, over 1,200 sounding and sub-orbital rockets of various configurations have been launched from the site.
Ariane 6 is a European expendable launch system developed by ArianeGroup on behalf of the European Space Agency (ESA). It replaces the Ariane 5, as part of the Ariane launch vehicle family. The stated motivation for Ariane 6 was to halve the cost compared to Ariane 5, and increase the capacity for the number of launches per year.
Airbus Defence and Space is a division of Airbus SE. Formed in 2014 in the restructuring of European Aeronautic Defence and Space (EADS), Airbus SE comprises the former Airbus Military, Astrium, and Cassidian divisions. Contributing 21% of Airbus revenues in 2016, it is the second largest space company in the world.
Eutelsat OneWeb is a subsidiary of Eutelsat Group providing broadband satellite Internet services in low Earth orbit (LEO). The company is headquartered in London, and has offices in Virginia, US and a satellite manufacturing facility in Florida – Airbus OneWeb Satellites – that is a joint venture with Airbus Defence and Space.
ArianeGroup is an aerospace company based in France. A joint venture between Airbus and Safran, the company was founded in 2015 and is headquartered in Issy-les-Moulineaux near Paris. It consists of three core groups: aerospace, defence, and security. ArianeGroup has developed its next-generation two-stage Ariane 6 launch vehicle, which succeeded the Ariane 5 rocket, that had more than 110 launches. The new vehicle offers two variants that will be capable of carrying between 10,350 and 21,650 kilograms. The first launch of Ariane 6 is expected to occur in 2024.
SpinLaunch is a spaceflight technology development company working on mass accelerator technology to move payloads to space. As of September 2022, the company has raised US$150 million in funding, with investors including Kleiner Perkins, Google Ventures, Airbus Ventures, ATW Partners, Catapult Ventures, Lauder Partners, John Doerr, and the Byers Family.
Orbital Express Launch Ltd., or Orbex, is a United Kingdom-based aerospace company that is developing a small commercial orbital rocket called Prime. Orbex is headquartered in Forres, Moray, in Scotland and has subsidiaries in Denmark and Germany. Its future launch complex, Sutherland spaceport, is being built on the A' Mhòine peninsula in the county of Sutherland, northern Scotland.
Miura 5 is a two-stage European orbital recoverable launch vehicle currently under development by the Spanish company PLD Space. In a standard two-stage configuration, it will have a length of 34 m, be capable of inserting 1000 kg of payload into a low Earth orbit (LEO), featuring an optional kick stage that can circularize the orbits of satellites.
ION Satellite Carrier is a satellite platform developed, manufactured, and operated by Italian company D-Orbit. The platform features a customizable 64U satellite dispenser capable of hosting a combination of CubeSats that fits the volume. Throughout a mission, ION Satellite Carrier can release the hosted satellites individually, changing orbital parameter between one deployment and the next. Each of the miniature CubeSats weighs a few kilograms.
Bellatrix Aerospace is an Indian private aerospace manufacturer and small satellite manufacturing company, headquartered in Bangalore, Karnataka. The company was established in 2015 and in June 2022, the company raised $8 million in a Series A funding round to pursue the development of in-space propulsion systems.
Maksym "Max" Polyakov is an international technology entrepreneur, investor, economist, and philanthropist. Polyakov is a general partner in the venture fund Noosphere Ventures Partners LP which invests in a number of technology companies over the global scale.
Pixxel is a US/Indian based private space technology company, aiming to put a constellation of 30+ hyperspectral Earth observation micro-satellites into a Sun-synchronous orbit in the 2020s. The company is headquartered in El Segundo, California and Bengaluru, Karnataka. It was founded by Awais Ahmed and Kshitij Khandelwal while still studying at BITS Pilani in 2019. Pixxel was also Asia's only space startup to qualify for the 2019 Techstars Starburst Space Accelerator in Los Angeles.
Skyroot Aerospace Private Limited is an Indian private aerospace manufacturer and commercial launch service provider headquartered in Hyderabad, Telangana. The company was founded by former engineers and scientists from ISRO. It aims to develop and launch its own series of small-lift launch vehicles especially crafted for the small satellite market.
Galactic Energy is a Chinese private space launch enterprise flying the Ceres-1 and developing the Pallas-1 orbital rockets. The company's long-term objective is to mine asteroids for rare metals and minerals.
AgniKul Cosmos Private Limited is an Indian aerospace manufacturer based in National Centre for Combustion Research and Development (NCCRD) of IIT Madras, Chennai. The start up aims to develop and launch its own small-lift launch vehicle such as the Agnibaan, capable of placing 100 kg (220 lb) payload into a 700 km (430 mi) orbit. The first commercial launch was expected in 2022. However, no launch happened in that year. The first suborbital mission will be conducted on 22 March 2024. This did not happen either. The company tried twice to launch its suborbital rocket in March and April but postponed due to technical issues.
Rocket Factory Augsburg AG (RFA) is a German NewSpace start-up located in Augsburg. It was founded in 2018 with the mission to build rockets just like cars. Its multistage rocket, RFA One, is currently under development and scheduled to launch in the summer of 2024.
Launcher was an American aerospace company based in Hawthorne, California. It was founded in New York City in 2017 by Max Haot.
Ursa Major Technologies is an American aerospace company founded in 2015 and based in Berthoud, Colorado. The company produces rocket engines and sells them to space launch and hypersonics companies, and the U.S. Government.
Spectrum is a two-stage orbital launch vehicle being developed by the German startup company Isar Aerospace. The company intends for the Spectrum rocket to achieve the first commercial launch of a small-lift launch vehicle to orbit by a private European company.
 | This aeronautical company–related article is a stub. You can help Wikipedia by expanding it. |
 | This German corporation or company article is a stub. You can help Wikipedia by expanding it. |
