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LAUNCH · OPERATOR PROFILE · DATA AS OF 2026-05-14

Isar Aerospace

Active Launch Private HQ: Munich, Germany Founded 2018

Leading European small/medium launch startup. Spectrum (methane) maiden flight March 30, 2025 (flight terminated ~30 seconds after liftoff; not successful). 20 EUMETSAT satellite contracts.

39.0
ARI Composite
Very High Risk
#22 of 22
Peer Rank
Launch cohort
2
Total Launches
As lead operator
Estimated valuation
Not disclosed

FINANCIAL HEALTH

39.0
ARI composite · Very High Risk
Peer rank#22 of 22
Peer groupLaunch
Data coverage92%

FLEET COMPOSITION

Every vehicle this operator has flown. Linked profiles carry the full reliability + reuse + subsystem record.

Vehicle Class Launches Success rate Reuse
Spectrum Small 2 0.0% Expendable Profile →

RECENT LAUNCHES

Date Mission Vehicle Orbit Outcome
May 31, 2026 Onward and Upward Spectrum SSO Delayed
Mar 30, 2025 Instrumentation Spectrum Failure Briefing →

SECTOR POSITION

Primary sectorLaunch
Rank within sector#22 of 22
Tracked peers22

RECENT COVERAGE

Date Source Headline
Apr 10, 2026 Ars Technica — Space Rocket Report: Chinese version of Falcon 9 fails; Artemis depends on rapid heavy lift

REGISTRY DATA

Legal nameIsar Aerospace Technologies GmbH
OwnershipPrivate
HeadquartersMunich, Germany
CountryDE
Founded2018
FounderDaniel Metzler, Josef Fleischmann, Markus Brandl
CEODaniel Metzler
AliasesIsar Aerospace, Isar
Key programsSpectrum
Gov customersESA, EUMETSAT
Last fundingMultiple rounds totaling EUR200M+
IPO statusPre-IPO

Source: space_company_registry.json · Operator homepage → · Isar Aerospace corporate homepage — confirms Spectrum launch vehicle and Munich HQ; €500M+ private capital disclosed on site.

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.