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Isar Aerospace becomes “most well-funded space start-up” in EU
Isar, the Munich-based launch service provider for small and medium satellites, has extended its Series B funding to $165m.
The round was led by HV Capital, Porsche SE, and Lombard Odier. There was also “substantial participation” from existing investors Earlybird, Lakestar, Vsquared Ventures, and Apeiron.
It added $75m to the amount raised at the end of last year. With total financing of more than $180m Isar declares itself the most well-funded space start-up in the European Union.
The funding will be used to invest in launch, testing, and manufacturing infrastructure for its largely automated rocket production. The company is expecting its first test flight in 2022. ....

Daniel Metzler , Lombard Odier , Spectrum Launch Service Development , Business Incubation Centre Bavaria , European Union , Isar Aerospace , European Space Agency , Isar Aerospace Technologies , Vsquared Ventures , Incubation Centre Bavaria , Spectrum Launch Service Development Support , Reaction Control , டேனியல் மெத்ஜ்லேர் , ஐரோப்பிய தொழிற்சங்கம் , இசார் விண்வெளி , இசார் விண்வெளி தொழில்நுட்பங்கள் ,