Isar Aerospace
German small satellite launch vehicle developer for sovereign European access to space.
Isar Aerospace develops the Spectrum, a two-stage liquid-fueled launch vehicle designed for small and medium satellite payloads. The company aims to provide Europe with independent access to space for defense and commercial payloads. Isar Aerospace has raised €310M+ in total funding and is backed by the NATO Innovation Fund. The company is building launch infrastructure in Norway and Germany.
Overview
- Headquarters
- Munich, Germany
- Founded
- 2018
- Employees
- 400
- Total funding
- €800M+ (as of June 2026 Series D)
- Valuation
- ~€1B (Series D, 2025)
- Stage
- Series D
- Status
- active
- Domains
- Small satellite launch, Space launch vehicles, European space sovereignty
- X / Twitter
- x.com/IsarSpace
- Website
- isaraerospace.com
Investors5
- FundHV CapitalGerman venture capital firm; participated in Exein's €100M December 2025 round.
- FundLakestarPan-European VC backing visionary tech entrepreneurs from seed to scale.
- FundVsquared VenturesMunich-based early-stage VC investing in capital-intensive European deep tech, including space, robotics, and new computing.
- FundNATO Innovation Fund€1 billion multi-sovereign venture fund backed by NATO member states, investing in deep tech and dual-use technology across the Alliance.
- FundMolten VenturesLondon-listed European VC (formerly Draper Esprit), rebranded from Draper Esprit in November 2021; led Valarian's (then Worldr) $11M seed round in November 2022; portfolio includes ICEYE and Isar Aerospace.
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
Raised per round
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
KfW CapitalNew | Investor | ~16.7% |
UVC PartnersReinvested | Investor | ~16.7% |
LakestarReinvested | Investor | ~16.7% |
HV CapitalReinvested | Investor | ~16.7% |
| Investor (new) | ~16.7% | |
Island Green CapitalNew | Investor (new) | ~16.7% |
Contracts0
No linked records yet.
Programs0
No linked records yet.
Frequently asked
- What does Isar Aerospace do?
- Isar Aerospace develops the Spectrum, a two-stage liquid-fueled launch vehicle designed for small and medium satellite payloads. The company aims to provide Europe with independent access to space for defense and commercial payloads. Isar Aerospace has raised €310M+ in total funding and is backed by the NATO Innovation Fund. The company is building launch infrastructure in Norway and Germany.
- Where is Isar Aerospace headquartered?
- Isar Aerospace is headquartered in Munich, Germany and was founded in 2018.
- How much funding has Isar Aerospace raised?
- Isar Aerospace has raised €800M+ (as of June 2026 Series D) in disclosed funding, at a most recent valuation of ~€1B (Series D, 2025).
- What does Isar Aerospace specialize in?
- Isar Aerospace works across Small satellite launch, Space launch vehicles, European space sovereignty.
Sources & citations9
9 sources behind every claim
Every data point on this record is backed by a cited public source. Request Pro access to see them and verify each claim yourself.