• Funding strengthens Isar Aerospace’s unique serial production approach to deliver orbital launch capacity at scale
• Isar Aerospace expands its global launch network, with next launch site planned in Canada
• Raise comes in the run-up to the company’s qualification flight, with a launch window opening in June

The NATO Innovation Fund announced today its support for Isar Aerospace as part of its EUR 270m Series D round to expand operations worldwide and provide space capabilities to NATO. The capital will drive global scaling and ramp up serial production of the Spectrum launch vehicle. Following its first launch pad in Norway, Isar Aerospace now plans to build a new launch site in Canada.

The round is backed by new investors Island Green Capital and Molten Ventures with strong participation from existing investors HV Capital, Lakestar, UVC Partners, NATO Innovation Fund and others, underscoring Europe’s continued strong commitment to the company’s strategic role in providing space sovereignty and technological leadership.

The funding follows a period of concrete progress and advances a clear path forward, including:

• Ramp-up of Europe’s largest integrated launch vehicle factory: Isar Aerospace’s new production facility in Parsdorf, near Munich, is designed to produce up to 40 Spectrum launch vehicles per year, with a high degree of automation and vertical integration covering design, manufacturing, and testing almost entirely in-house.
• Expanding a multinational launch network: Isar Aerospace is expanding its multinational launch infrastructure to serve a broader range of orbits and customers. A Letter of Intent with Maritime Launch Services adds Spaceport Nova Scotia as a second launch site alongside Andøya, Norway, covering mid- to high-inclination orbits critical for Earth observation and communications.
• Delivering on the trust of partners and governments: Isar Aerospace entered a cooperation with TKMS as part of the Canadian Patrol Submarine Project, embedding sovereign launch capability inside a NATO bilateral defense procurement framework. The company’s launch manifest is extending well through 2028, including missions for ESA, NOSA, ElevationSpace, Astroscale, and other global customers.

Europe conducted fewer than 10 orbital launches in 2025. SPARTA 2.0, published May 2026, names sovereign launch capability as the capability gap European defense spending alone cannot close. The European Commission’s White Paper on Defence Readiness 2030 says the same, explicitly framing space access as a critical enabler of European military capacity.

Access to space has become a defining requirement for European defense autonomy – and Isar Aerospace is the only private European company building the capacity required to make this a reality for Europe and the Alliance as a whole. This shift is reflected in Isar Aerospace’s demand: within the past 12 months, it has moved from almost entirely civil demand to 60% defense demand.