GenZ News

Article View

Isar Aerospace raises €150mn to strengthen Europe’s launch capabilities

169d ago
Technology
The Next Web
Technology and innovation
Isar Aerospace, Europe's leading space tech company, has secured €150 million in funding to bolster its satellite launch services. The investment aims to expand Europe's independent access to orbital space. CEO Daniel Metzler emphasizes the company's commitment to meeting the increasing global demand for satellite launches, providing flexible solutions for both commercial and governmental clients. Founded in 2018 as a spin-off from Technical University Munich, Isar Aerospace focuses on reducing the cost and complexity of launching small to medium-sized satellites, positioning itself as a key player in the evolving European space landscape.
Source