What Happened
German Rocket Startup Boosts European Launch Capacity
German rocket startup Isar Aerospace has secured about 200 million euros from the European Space Agency under a programme aimed at boosting Europe’s launch industry. The funding will be used to develop future launch vehicles, expand testing and launch infrastructure, and support future missions. Isar Aerospace has already met initial programme milestones and has a launch manifest extending through 2028, including missions for the European Space Agency and other customers. This development was first reported by Reuters.