Isar Aerospace Spectrum: Orbit Reached, Valuation Unproven
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A German rocket reaches orbit for the first time. For Isar Aerospace this is a historic success. But now the more difficult part begins: making moneyOn the weekend, a privately developed rocket has reached orbit from the European continent for the first time. For German space history, the launch from the Norwegian space station Andoya is a milestone. This has been made possible by a Bavarian space company: Isar Aerospace. The 28-metre-long "Spec…
The orbital success of the Spectrum rocket makes Isar Aerospace a new player in the European launch market, although it is still far from competing directly with Falcon 9, Starship or Starlink. The milestone comes as SpaceX concentrates growing resources on connectivity and artificial intelligence, a combination that sustains its expansion, but also keeps the valuation attributed to SPCX high.
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