Isar Aerospace

Summary active Updated Jun 11, 2026

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Location Munich, Germany
Latest Stage Series D
Total Raised ~€800M

Investors

series-d (2026)
series-d (2026)

Founders

Daniel Metzler CEO & Co-Founder

About

Isar Aerospace is a Munich, Germany-based launch services company developing the Spectrum small launch vehicle. CEO and Co-Founder Daniel Metzler said the company plans to use new capital to expand its Munich factory, which is designed to produce up to 40 Spectrum launch vehicles per year with a high degree of automation, and to build a second launch site in Canada to complement its existing pad in Norway 12. The company stated that the long-delayed second flight of Spectrum was expected to take place between June 15 and 21, 2026 1. With the Series D round, Isar Aerospace has raised approximately €800 million in total, including €150 million through a convertible bond agreement in June 2025 1.

Funding History

Date Round Amount Lead Co-investors
2026-06-09 Series D €270M Molten Ventures, Island Green Capital HV Capital, Lakestar, UVC Partners, KfW Capital 123

What Investors Say

The Series D was led by Molten Ventures with a €30 million strategic investment, alongside Island Green Capital. Molten Ventures previously held an indirect stake in Isar Aerospace through Earlybird funds, an investment that has delivered an approximate 10x multiple on invested capital by the close of the recent fiscal year 3.

What Founders Say

“Space is no longer a frontier; it is the infrastructure of national power. With this strategic backing, we are expanding access to space for nations worldwide, delivering an orbital launch system at scale for government and commercial customers.” — Daniel Metzler, CEO & Co-Founder, Isar Aerospace 12

Sources


  1. Isar Aerospace press release, “Isar Aerospace secures EUR 270m to provide sovereign space capabilities globally,” June 9, 2026. https://isaraerospace.com/press/isar-aerospace-secures-eur-270m-to-provide-sovereign-space-capabilities-globally

  2. SpaceNews, “Isar Aerospace raises 270 million euros for global launch expansion,” June 9, 2026. https://spacenews.com/isar-aerospace-raises-270-million-euros-for-global-launch-expansion/

  3. SatNews, “Isar Aerospace Secures €270 Million Series D to Ramp Up Spectrum Launch Vehicle Production,” June 10, 2026. https://satnews.com/2026/06/10/isar-aerospace-secures-e270-million-series-d-to-ramp-up-spectrum-launch-vehicle-production/