German rocket startup Isar Aerospace has secured €270 million in a Series D funding round led by new investors Island Green Capital and Molten Ventures, alongside existing backers HV Capital, Lakestar, and UVC Partners. This funding will be used to expand international operations and ramp up production of its Spectrum launch vehicle, aiming for an annual capacity of 40 rockets. The company highlights a significant shift in demand, with defense-related business now comprising approximately 60% of its pipeline, up from predominantly civil demand.
Amount: $270.0M
