Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Aug 27, 2026	Grant	~$233M	—	European Space Agency	—	Confirmed
Jun 9, 2026	Series D	$312M	—	Island Green Capital, Molten Ventures	HV Capital, KfW Capital, Lakestar, NATO Innovation Fund, UVC Partners	Reported
Jun 25, 2025	Convertible	$173M	—	Eldridge Industries	—	Confirmed
Jun 20, 2024	Series C	$70.0M	—	NATO Innovation Fund	10x Group, Airbus Ventures, Bayern Kapital, Earlybird, Lakestar, UVC Partners	Reported
Jun 4, 2024	Debt	$20.0M	—	—	—	Reported
Mar 28, 2023	Series C	$165M	—	—	Bayern Kapital, Earlybird, HV Capital, Lakestar, Lombard Odier, Porsche Automobil Holding SE, UVC Partners, Vsquared Ventures	Confirmed
Jul 28, 2021	Series B	$75.0M	—	HV Capital, Lombard Odier, Porsche Automobil Holding SE	Earlybird, Lakestar, UVC Partners, Vsquared Ventures	Confirmed
Dec 8, 2020	Series B	$91.0M	$364M?	Lakestar	Airbus Ventures, Earlybird, HV Capital, Vsquared Ventures	Reported
Dec 9, 2019	Series A	$17.0M	—	Airbus Ventures, Earlybird	UVC Partners, Vito Ventures	Reported

Grant
Led by European Space Agency
Confirmed
~$233M
Aug 27, 2026
Series D
Led by Island Green Capital, Molten Ventures
With HV Capital, KfW Capital, Lakestar, NATO Innovation Fund, UVC Partners
$312M
Jun 9, 2026
Convertible
Led by Eldridge Industries
Confirmed
$173M
Jun 25, 2025
Series C
Led by NATO Innovation Fund
With 10x Group, Airbus Ventures, Bayern Kapital, Earlybird, Lakestar, UVC Partners
$70.0M
Jun 20, 2024
Debt
$20.0M
Jun 4, 2024
Series C
With Bayern Kapital, Earlybird, HV Capital, Lakestar, Lombard Odier, Porsche Automobil Holding SE, UVC Partners, Vsquared Ventures
Confirmed
$165M
Mar 28, 2023
Series B
Led by HV Capital, Lombard Odier, Porsche Automobil Holding SE
With Earlybird, Lakestar, UVC Partners, Vsquared Ventures
Confirmed
$75.0M
Jul 28, 2021
Series B
Led by Lakestar
With Airbus Ventures, Earlybird, HV Capital, Vsquared Ventures
Valuation $364M?
$91.0M
Dec 8, 2020
Series A
Led by Airbus Ventures, Earlybird
With UVC Partners, Vito Ventures
$17.0M
Dec 9, 2019

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems2

Aquila engineAn in‑house developed high‑pressure turbopump‑fed engine used on the second stage of the Spectrum launch vehicle.
—
Website ↗
SpectrumA two‑stage orbital launch vehicle designed for small and medium satellites and constellations.
—
Website ↗

Systems
System	Type	Maturity	Program
Aquila engineAn in‑house developed high‑pressure turbopump‑fed engine used on the second stage of the Spectrum launch vehicle.	Engine	—	Website ↗
SpectrumA two‑stage orbital launch vehicle designed for small and medium satellites and constellations.	Launch vehicle	—	Website ↗

Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.

Capabilities1

Capabilities
Technology	Role	Maturity	TRL	Notes	Confidence
Space, launch and counterspace	Developer	—	—	classify_sectors run 37, haiku, taxonomy 2026-10-18b: Launch services for small and medium satellites, with no defense use stated.	Reported

Space, launch and counterspace
Developer
classify_sectors run 37, haiku, taxonomy 2026-10-18b: Launch services for small and medium satellites, with no defense use stated.
—Reported

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

People6

All 6 people →

People
Person	Role
Daniel Metzler	CEO and Co-Founder
Josef Fleischmann	Co-Founder
Markus Brandl	Co-founder
Can Araz	Chief Technology Officer
Martin Schleich	Chief of Staff
Stella Guillen	Chief Commercial Officer

Sources26

Show all 26 sources and supporting evidence

Profile7

1
OtherIsar Aerospace — founded year
Supports Organization · founded year
“Founded March2018”
2
DatabaseIsar Aerospace - PitchBook company profile
PitchBook · Supports Organization · employee range, Organization · linkedin url, Organization · x url
“employee_range: 201-500 (profile: 400)”
3
DatabaseIsar Aerospace - Crunchbase company profile
Crunchbase · Supports Organization · employee range, Organization · linkedin url, Organization · x url
“employee_range: 201-500 (profile: 251-500)”
4
CompanyHome - Isar AerospaceInstagramFacebookLinkedInTwitter
Isar Aerospace · Supports Organization · name
“Home - Isar AerospaceInstagramFacebookLinkedInTwitter”
5
CompanyIsar Aerospace — official profile
Supports Organization · website
“Engineering the future of space flight.”
6
CompanyPortfolio
NATO Innovation Fund · Supports Organization
“Isar Aerospace”
7
DatabaseIsar Aerospace - Owler company profile
Owler · Supports Organization · employee range, Organization · linkedin url, Organization · x url
“employee_range: 201-500 (profile: 250 - 500)”

Systems1

8
CompanySpectrum - Isar Aerospace
Isar Aerospace · Supports System
“Spectrum # 2 Stage Orbital Launch Vehicle ### Unifying cutting-edge technologies Introducing our high performance two-stage launch vehicle specifically designed for small and medium satellites and constellations.”

Funding16

9
CompanyIsar Aerospace signs contract with ESA under the European Launcher Challenge
Isar Aerospace · Aug 27, 2026 · Supports Funding round · amount
“securing approximately EUR 200 million in program commitments”
10
NewsIsar Aerospace secures 200 million euros from European Space Agency
Reuters · Aug 27, 2026 · Supports Funding round
“($233 million)”
11
NewsIsar Aerospace Announces New Launch Date Alongside Series D Funding
European Spaceflight · Jun 9, 2026 · Supports Funding round · amount, Organization · ownership
“announced on 9 June that it had closed a €270 million Series D”
12
NewsICEYE, Isar Aerospace Announce Significant Funding Rounds
Payload · Jun 9, 2026 · Supports Funding round
“raised a €270M ($312M) Series D”
13
NewsIsar Aerospace raises 270 million euros for global launch expansion
Jun 9, 2026 · Supports Funding round
“European launch company Isar Aerospace has raised 270 million euros ($312 million) to support its global expansion”
14
CompanyNATO Innovation Fund reaffirms backing of Isar in EUR 270 Million round to provide NATO nations with space capabilities
NATO Innovation Fund · Jun 9, 2026 · Supports Funding round
“NATO Innovation Fund reaffirms backing of Isar in EUR 270 Million round”
15
CompanyIsar Aerospace signs agreement with Eldridge Industries for EUR 150m financing
Isar Aerospace · Jun 25, 2025 · Supports Funding round · amount
“has signed an agreement with Eldridge Industries for a convertible bond of EUR 150m”
16
NewsGerman space startup Isar Aerospace secures 150 million euro fund
Reuters · Jun 25, 2025 · Supports Funding round
“150 million euros ($173 million)”
17
NewsLatham Advises on Isar Aerospace’s €65 Million Series C Extension Fundraising
Latham & Watkins · Jul 1, 2024 · Supports Funding round
“The round received a strong commitment from NATO Innovation Fund”
18
NewsIsar Aerospace raises $70 million
SpaceNews · Jun 20, 2024 · Supports Funding round · amount
“has raised more than 65 million euros ($70 million) in an extension of an earlier round”
19
CompanySpace company Isar Aerospace secures Series C Funding Round of USD 165m to meet global demand for access to space
Isar Aerospace · Mar 28, 2023 · Supports Funding round · amount
“announced the closing of its USD 165m (EUR 155m) Series C round”
20
CompanyIsar Aerospace extends its Series B funding round to over USD 165m led by HV Capital, Porsche SE, and Lombard Odier
Isar Aerospace · Jul 28, 2021 · Supports Funding round · amount
“The extension round of USD 75m is led by HV Capital, holding company Porsche Automobil Holding SE and banking group Lombard Odier.”
21
NewsIsar Aerospace announced raising €75 million in a series B round led by Lakestar and including Earlybird and Vsquared Ventures.
Nordic9 · Dec 8, 2020 · Supports Funding round · post money valuation usd
“The deal values the company at €300 million ($364M)”
22
NewsGermany's Isar Aerospace raises $91M to get its satellite launch vehicle off the ground
TechCrunch · Dec 8, 2020 · Supports Funding round · amount
“has picked up €75 million ($91 million) in funding”
23
NewsIsar Aerospace announced raising $17 million in Series A round led by Earlybird and Airbus Ventures
Nordic9 · Dec 9, 2019 · Supports Funding round · amount
“announced that it raised $17 million in Series A investment round”
24
DatabaseIsar Aerospace — hq city
LinkedIn · Supports Funding round, Organization · country, Organization · employee range, Organization · hq city, Organization · hq region, Organization · linkedin url, Role
“funding round: Debt Financing, 2024-06-04, USD 20,000,000, lead: ATEL Ventures”

People2

25
CompanyAbout us - Isar Aerospace
Supports Role
“Can Araz Chief Technology Officer”
26
CompanyIsar Aerospace Co-Founder Josef Fleischmann launches Bavaria Instruments, Can Araz named CTO - Isar Aerospace
Supports Role
“Josef Fleischmann, Co-Founder of Isar Aerospace”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.

News3

Funding9 rounds · $903M