Isar Aerospace, based in Munich, the European aerospace location, was founded in 2018. The team aims to reduce barriers to commercial access to space for small satellites and satellite constellations by automating rocket production. It is supported by investors such as former SpaceX Vice President Bülent Altan, Earlybird and Airbus Ventures. Isar Aerospace provides satellite constellations with flexible, sustainable and cost-effective access to space. Backed by leading-edge research in rocket engineering, environmentally friendly fuels and advanced manufacturing, Spectrum precisely places small and medium-sized payloads into orbit.
After two years of development, an important milestone was reached on September 7: production of the first rocket begins. In the presence of Bavarian Prime Minister Markus Söder and TUM President Thomas F. Hofmann, the young entrepreneurs inaugurated their 4,500 square-meter production halls in Ottobrunn near Munich. Initially, production is expected to be successful with 100 employees - more will follow.
The next step is also already in sight: in 2021, the first transport rocket, loaded with small satellites, will be launched into orbit. If everything goes according to plan, mass production can begin immediately afterwards - Isar Aeropace plans to build 20 rockets per year.