German rocket startup Isar raises another €65 million in investment capital
The German rocket startup Isar Aerospace has now raised an additional €65 million in investment capital, bringing the total invested in the company to €400 million ($428 million).
Interestingly, a major backer appears to be a governmental entity.
The funding round extension received significant involvement from the NATO Innovation Fund (NIF), a venture capital fund backed by 24 NATO allies focused on addressing challenges in defence, security, and resilience.
…In addition to NIF, the funding round included contributions from G3T, 10x Group, Besant Capital, Finadvice Med HOLDINGS, LP&E, and existing investors Lakestar, Earlybird, Airbus Ventures, Bayern Kapital, and UVC Partners.
Isar has deals to launch its proposed Spectrum orbital rocket from French Guiana and from the new commercial spaceport in Andoya, Norway. The company however initially promised in 2021 that its first launch from Andoya would take place in 2022, with no launch occurring. In fact, of the three German rocket startups, Isar is the only one to so far not do a test launch of any kind, and it is presently unclear when that first orbital test launch of Spectrum will occur.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
The German rocket startup Isar Aerospace has now raised an additional €65 million in investment capital, bringing the total invested in the company to €400 million ($428 million).
Interestingly, a major backer appears to be a governmental entity.
The funding round extension received significant involvement from the NATO Innovation Fund (NIF), a venture capital fund backed by 24 NATO allies focused on addressing challenges in defence, security, and resilience.
…In addition to NIF, the funding round included contributions from G3T, 10x Group, Besant Capital, Finadvice Med HOLDINGS, LP&E, and existing investors Lakestar, Earlybird, Airbus Ventures, Bayern Kapital, and UVC Partners.
Isar has deals to launch its proposed Spectrum orbital rocket from French Guiana and from the new commercial spaceport in Andoya, Norway. The company however initially promised in 2021 that its first launch from Andoya would take place in 2022, with no launch occurring. In fact, of the three German rocket startups, Isar is the only one to so far not do a test launch of any kind, and it is presently unclear when that first orbital test launch of Spectrum will occur.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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