The European Space Agency has selected five launch vehicle startups to proceed to the next phase of a competition where they could receive contracts for satellite launches and upgraded vehicles.

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German launch vehicle startup Isar Aerospace has raised 150 million euros ($174 million) in the form of a convertible bond from an American investor.

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The first launch of Isar Aerospace’ Spectrum rocket failed March 30 when the vehicle lost attitude control seconds after liftoff and plummeted to Earth.

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ESA has officially kicked off a competition to support new launch vehicles, but the winners, if any, won’t be known for at least eight months.

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Isar Aerospace is ready to perform its first orbital launch attempt as soon as March 20 after receiving a license from Norwegian regulators.

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Isar Aerospace has won a launch contract from the Norwegian Space Agency as the company prepares for its first orbital launch attempt.

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Japanese microgravity services startup ElevationSpace has become the first customer in Asia for Germany’s Isar Aerospace, which now only needs a launch license to debut its two-stage Spectrum rocket after clearing tests.

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German launch vehicle company Isar Aerospace has completed tests of its first Spectrum rocket and is ready to launch, pending a license.

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Companies and investors want European governments to take more risks and buy services from space startups, rather than awarding grants, to make the industry more competitive with American counterparts.

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The European Space Agency is providing additional funding to four launch vehicle startups to help them with testing of their vehicles.

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Despite stiff competition from SpaceX rideshare services and some high-profile failures, ventures are still pursuing small launch vehicles that they argue can fill niches in the market.

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A Norwegian spaceport is a step closer to hosting the first orbital launch for Isar Aerospace after receiving a government license.

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European small launch vehicle developer Isar Aerospace has raised more than 65 million euros ($70 million) in an extension of an earlier round that includes participation from a new NATO-backed fund.

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A large launch vehicle could end up having a big effect on the small launch vehicle market through low prices and encouraging customers to build larger satellites.

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The European Space Agency and European Commission have selected five launch companies to participate in a new program to provide flight opportunities for new technologies, a sign of a greater role the European Union seeks to play in launch.

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Norway inaugurated its northern Andøya spaceport Thursday as commercial launch competition on continental Europe heats up.

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The chief executive of European small launch vehicle developer Orbex stepped down April 14 so that company can go to the “next level” ahead of its first launch.

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Satellite launch service company Isar Aerospace today announced the closing of its USD 165m (EUR 155m) Series C round. To date in 2023, this is the largest SpaceTech financing round […]

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German launch vehicle developer Isar Aerospace announced March 28 it raised $165 million to scale up production of its Spectrum rocket scheduled to make its first flight later this year.

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U.S.-based launch services provider Spaceflight said Jan. 25 it has booked a dedicated launch in 2026 from Isar Aerospace, the German rocket developer aiming to perform the first test flight of its Spectrum vehicle this year.

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Three young European space companies said Jan. 9 they have teamed up to test a collision avoidance system on a small satellite this year in low Earth orbit.

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Arianespace and German launch startups Isar Aerospace and Rocket Factory Augsburg are moving towards first launches next year but have mixed views on how the European launch sector has and should develop.

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The space mobility operator Exotrail and the European launch service provider Isar Aerospace announced today a multiple launch services agreement. Isar Aerospace’s launch vehicle Spectrum will launch Exotrail’s spacevan™ vehicle […]

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Exotrail, a French company developing orbital transfer vehicles, has signed a contract with German launch vehicle developer Isar Aerospace for multiple launches over the next several years.

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