Isar Aerospace

[3] The company is developing Spectrum, a two-stage, liquid-fueled rocket designed to launch 1,000 kilograms to low Earth orbit.

[4] Isar Aerospace intends to manufacture 80% of the rocket themselves, using primarily technology from the tech firms in the area surrounding Munich.

[citation needed] In 2018 Isar Aerospace received first angel investment from early SpaceX leader Bulent Altan and others.

[6][7] In April 2020 Isar Aerospace closed US$17M in Series A funding led by Earlybird and Airbus Ventures to build its space platform.

Porsche explained of its investment that Isar Aerospace had great potential to become a leading European manufacturer of launch vehicles.