Isar Aerospace raises €150mn to strengthen Europe’s launch capabilities
Europe’s best-funded space tech firm, Isar Aerospace, plans to strengthen the continent’s access to orbital satellites after raising €150mn to expand its launch service. Daniel Metzler, Isar’s CEO and co-founder, said the investment reflects “strong confidence” in the company’s mission to become a new European space leader. “We are catering to the rising global demand for satellite launch services and provide global markets and governments with independent and flexible access to space,” he said. Founded in 2018 as a spin-off from Technical University Munich, Isar aims to lower the cost and complexity of launching small to medium-sized satellites by offering…This story continues at The Next Web [...]
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