German Space Startup Seeks Boost to €2 Billion Valuation
Munich-based Isar Aerospace is seeking an additional €250 million in funding, which could bring its valuation close to €2 billion. The company has raised €600 million from investors since its foundation in 2018 and is preparing for its second test launch of the Spectrum rocket in March 2026. The funding round was first reported by several media outlets. Isar Aerospace’s CEO and co-founder, Daniel Metzler, has stated that the maiden flight of the rocket was a success, despite the rocket crashing into the sea after a 30-second flight.