Isar Aerospace plans rapid expansion amid race to capitalise on expanding satellite-launch market.
A German startup has launched the first commercial rocket to reach orbit from continental Europe, a milestone for Europe’s efforts to secure independent access to space.
Isar Aerospace said on Sunday that it would rapidly expand satellite deployments after the first orbital launch of its uncrewed Spectrum rocket from Arctic Norway, marking a breakthrough for a region where several countries are seeking a foothold in the fast-growing market for satellite launches.
“Launch capability is right now the biggest bottleneck in the entire industry,” Isar’s co-founder and chief executive, Daniel Metzler, told reporters.
Friedrich Merz, the German chancellor, hailed Saturday’s launch in a statement, calling it “the beginning of a new era”.
Global players in the satellite launch market include Elon Musk’s SpaceX, which launches from the US, and the French firm ArianeGroup, a joint venture between Airbus and Safran that uses a spaceport in French Guiana, South America,
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