The rocket manufacturer Isar Aerospace has collected a further 75 million euros from investors and sees it as “the first launch of a German launcher” secured. Photo: – / Isar Aerospace / dpa
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(Photo: dpa)
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The company announced on Wednesday in Munich that there were already customer inquiries worth half a billion US dollars.
With the new capital, “we are financed through to the first flight of our launcher and can now fully concentrate on the last development steps and the upcoming tests,” said company boss Daniel Metzler: “The first successful launch of a German launcher into earth orbit is nothing more in the way. “
Isar Aerospace wants to bring satellites into orbit at internationally competitive prices. His Spectrum rocket is scheduled to launch for the first time in French Guiana next year. “We are going to be a scheduled airline,” said Metzler. The demand for satellites for high-speed internet, autonomous driving, industrial connectivity, data encryption and storage is growing. “The bottleneck is the carrier capacities, which are often too expensive and inflexible.”
The venture capital companies Lakestar, Earlybird and Vsquared Ventures have also invested Airbus Ventures, UVC and for the first time the investors HV Capital as well as the Deutsche Bank supervisory board chairman Paul Achleitner and his wife, the economics professor Ann-Kristin Achleitner.
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