Munich \u2014 Satel\u00adlite launch services provi\u00adder Isar Aero\u00adspace today announ\u00adced a signi\u00adfi\u00adcant increase of more than \u20ac65 million in its Series C finan\u00adcing round, which now totals over \u20ac220 million. The NATO Inno\u00adva\u00adtion Fund (NIF) \u2014 an inde\u00adpen\u00addent venture capi\u00adtal fund supported by 24 NATO member states with an invest\u00adment volume of over one billion euros \u2014 is inves\u00adt\u00ading in Isar Aero\u00adspace for the first time; this is also the first direct invest\u00adment by the NATO Inno\u00adva\u00adtion Fund in a satel\u00adlite launch service provi\u00adder. The fund supports deep-tech compa\u00adnies in the fields of defense, secu\u00adrity and resi\u00adli\u00adence. The commit\u00adment repres\u00adents NIF\u2019s first direct invest\u00adment in a satel\u00adlite launch services provi\u00adder and unders\u00adcores the importance of space tech\u00adno\u00adlo\u00adgies for both civil inno\u00adva\u00adtion and defense capabilities.<\/p>\n
Other new inves\u00adtors in the exten\u00adsion of the Series C finan\u00adcing round include the Euro\u00adpean family office G3T<\/strong> as well as the inves\u00adtors 10x Group, Besant Capi\u00adtal, Finad\u00advice Med<\/strong> HOLDINGS <\/strong>and LP&E<\/strong>. Exis\u00adting inves\u00adtors Lake\u00adstar, Early\u00adbird, Airbus Ventures, Porsche SE, Bayern Kapi\u00adtal <\/strong>and UVC Part\u00adners<\/strong> made signi\u00adfi\u00adcant contri\u00adbu\u00adti\u00adons to the Series C finan\u00adcing round.<\/p>\n Using commer\u00adcial tech\u00adno\u00adlo\u00adgies as a lever for sovereignty<\/strong><\/p>\n Andrea Traver\u00adsone, Mana\u00adging Part\u00adner of the NATO Inno\u00adva\u00adtion Fund<\/strong>, says: \u201cAccess to space is criti\u00adcal to the tech\u00adno\u00adlo\u00adgi\u00adcal sove\u00adreig\u00adnty of Europe and the UK. Space tech\u00adno\u00adlo\u00adgies like Isar Aero\u00adspace\u2019s offer huge poten\u00adtial and will enable us to build a secure and prospe\u00adrous future for gene\u00adra\u00adti\u00adons to come. We will support Isar by promo\u00adting deploy\u00adment oppor\u00adtu\u00adni\u00adties in both govern\u00adment and commer\u00adcial sectors.\u201d<\/p>\n Leading nati\u00adons such as the USA are alre\u00adady basing their space and defense stra\u00adte\u00adgies on commer\u00adcial space capa\u00adbi\u00adli\u00adties, as the procu\u00adre\u00adment of private commer\u00adcial services and products is more inno\u00adva\u00adtive, more effi\u00adci\u00adent and, above all, more cost-effective. Leading New Space company in Europe<\/strong><\/p>\n With a total finan\u00adcing volume of more than 400 million euros since its foun\u00adda\u00adtion in 2018, Isar Aero\u00adspace is the most capi\u00adta\u00adli\u00adzed inde\u00adpen\u00addent New Space company in Europe. The company has estab\u00adlished itself as a tech\u00adno\u00adlogy leader thanks to complete verti\u00adcal inte\u00adgra\u00adtion with its own deve\u00adlo\u00adp\u00adment, produc\u00adtion and test\u00ading proces\u00adses. Isar Aero\u00adspace relies on scalable series produc\u00adtion to indus\u00adtria\u00adlize the produc\u00adtion of launch vehicles.<\/p>\n In May 2024, Isar Aero\u00adspace announ\u00adced plans to build the worl\u00add\u2019s most modern produc\u00adtion faci\u00adlity for orbi\u00adtal launch vehic\u00adles near Munich. In coope\u00adra\u00adtion with the pan-Euro\u00adpean real estate company VGP Group, which will deve\u00adlop and build the faci\u00adlity, Isar Aero\u00adspace will be able to produce up to 40 Spec\u00adtrum launch vehic\u00adles per year.<\/p>\n This latest funding will enable Isar Aero\u00adspace to invest in the initial set-up and ramp-up of its series produc\u00adtion. With a high degree of auto\u00adma\u00adtion and a focus on scala\u00adbi\u00adlity, the company will be able to meet the growing demand from the private and public sectors for the trans\u00adpor\u00adta\u00adtion of small and medium-sized satel\u00adli\u00adtes and satel\u00adlite constel\u00adla\u00adti\u00adons at compe\u00adti\u00adtive prices.<\/p>\n About Isar Aerospace<\/strong> About the new inves\u00adtors in Isar Aero\u00adspace\u2019s Series C finan\u00adcing round<\/strong><\/p>\n About the NATO Inno\u00adva\u00adtion Fund:<\/strong> About the 10x Group:<\/strong> About Besant:<\/strong> About Finad\u00advice Med HOLDINGS:<\/strong> About G3T:<\/strong> The corpo\u00adrate busi\u00adness is mana\u00adged directly, and in the case of finan\u00adcial invest\u00adments, whether listed or private equity, the company holds a signi\u00adfi\u00adcant and stable posi\u00adtion, is closely linked to the manage\u00adment and pursues a long-term orien\u00adta\u00adtion. Venture Capi\u00adtal was inte\u00adgra\u00adted into the stra\u00adte\u00adgic plan as a new busi\u00adness area with the aim of acqui\u00adring mino\u00adrity inte\u00adrests in tech\u00adno\u00adlogy-orien\u00adted growth companies.<\/p>\n About LP&E:<\/strong> About Porsche SE:<\/strong><\/p>\n Porsche Auto\u00admo\u00adbil Holding SE (Porsche SE) is a holding company with invest\u00adments in the mobi\u00adlity and indus\u00adtrial tech\u00adno\u00adlogy sector. As at Decem\u00adber 31, 2023, the company employed just under 50 people and gene\u00adra\u00adted conso\u00adli\u00adda\u00adted net income of EUR 5.1 billion in the 2023 finan\u00adcial year. Porsche SE holds the majo\u00adrity of the ordi\u00adnary shares in Volks\u00adwa\u00adgen AG and 25 percent plus one share of the ordi\u00adnary shares in Porsche AG as core share\u00adhol\u00addings. In addi\u00adtion, there are mino\u00adrity inte\u00adrests in seve\u00adral tech\u00adno\u00adlogy compa\u00adnies in North America, Europe and Israel as well as invest\u00adments in private equity and venture capi\u00adtal funds.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Munich \u2014 Satel\u00adlite launch services provi\u00adder Isar Aero\u00adspace today announ\u00adced a signi\u00adfi\u00adcant increase of more than \u20ac65 million in its Series C finan\u00adcing round, which now totals over \u20ac220 million. The NATO Inno\u00adva\u00adtion Fund (NIF) \u2014 an inde\u00adpen\u00addent venture capi\u00adtal fund supported by 24 NATO member states with an invest\u00adment volume of over one billion [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":51810,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1368,1369],"tags":[],"class_list":["post-51812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-consultants-auditors","category-investors"],"yoast_head":"\n
\nDaniel Metz\u00adler, co-foun\u00adder and CEO of Isar Aero\u00adspace<\/strong>, says: \u201cThe NATO Inno\u00adva\u00adtion Fund\u2019s invest\u00adment in Isar Aero\u00adspace is a strong sign of confi\u00addence in our approach and under\u00adlines the funda\u00admen\u00adtal role of space tech\u00adno\u00adlo\u00adgies for our economy and society. But more than that, it shows that Euro\u00adpean govern\u00adments need to encou\u00adrage and leverage private inno\u00adva\u00adtion and products to compete globally.\u201d<\/p>\n
\nIsar Aero\u00adspace, based near Munich, deve\u00adlops and builds launch vehic\u00adles for the trans\u00adpor\u00adta\u00adtion of small and medium-sized satel\u00adli\u00adtes and satel\u00adlite constel\u00adla\u00adti\u00adons into Earth orbit. The company was foun\u00added in 2018 as a spin-off of the Tech\u00adni\u00adcal Univer\u00adsity of Munich. Since then, it has grown to over 400 employees from more than 50 nati\u00adons, who have many years of prac\u00adti\u00adcal space exper\u00adtise as well as expe\u00adri\u00adence in other high-tech sectors. With a total finan\u00adcing volume of more than EUR 400 million, Isar Aero\u00adspace is the best-finan\u00adced inde\u00adpen\u00addent new space company in Europe and a pioneer in scaling and indus\u00adtria\u00adli\u00adzing the produc\u00adtion of launch vehic\u00adles through verti\u00adcal inte\u00adgra\u00adtion. The two-stage orbi\u00adtal launch vehicle \u201cSpec\u00adtrum\u201d is speci\u00adally desi\u00adgned for the cons\u00adtruc\u00adtion of satel\u00adlite constel\u00adla\u00adti\u00adons and provi\u00addes access to one of the most crucial tech\u00adno\u00adlo\u00adgi\u00adcal plat\u00adforms of our time: space. Further infor\u00adma\u00adtion can be found at: https:\/\/www.isaraerospace.com\/.<\/p>\n
\nThe NATO Inno\u00adva\u00adtion Fund is a venture capi\u00adtal fund supported by 24 NATO member states that invests more than one billion euros in cutting-edge tech\u00adno\u00adlo\u00adgies to address defense, secu\u00adrity and resi\u00adli\u00adence chal\u00adlenges. The fund invests inde\u00adpendently, with 24 states support\u00ading the success of the port\u00adfo\u00adlio and helping deep tech entre\u00adpre\u00adneurs gain access to commer\u00adcial and govern\u00adment markets. The parti\u00adci\u00adpa\u00adting NATO count\u00adries are: Belgium, Bulga\u00adria, Denmark, Germany, Esto\u00adnia, Finland, Greece, Iceland, Italy, Latvia, Lithua\u00adnia, Luxem\u00adbourg, the Nether\u00adlands, Norway, Poland, Portu\u00adgal, Roma\u00adnia, Sweden, Slova\u00adkia, Spain, the Czech Repu\u00adblic, Turkey, Hungary and the United King\u00addom. Further infor\u00adma\u00adtion: https:\/\/www.nif.fund\/<\/p>\n
\n10x Group is a group of serial entre\u00adpre\u00adneurs inves\u00adt\u00ading in foun\u00adders across Europe and Sili\u00adcon Valley. Previous invest\u00adments include Adyen, Equip\u00admentS\u00adhare, Revolt, Enpal, Open\u00adDoor, Lumi\u00adnar, Deli\u00adver\u00ady\u00adHero, Robin\u00adhood and seve\u00adral other well-known global companies.<\/p>\n
\nBesant is an invest\u00adment company with assets under manage\u00adment of over USD 500 million and offices in Europe and the Ameri\u00adcas. It offers dedi\u00adca\u00adted invest\u00adment solu\u00adti\u00adons in selec\u00adted growth sectors that are bene\u00adfiting from far-reaching chan\u00adges. Besan\u00adt\u2019s team has exten\u00adsive exper\u00adtise in finan\u00adcial, stra\u00adte\u00adgic and opera\u00adtio\u00adnal manage\u00adment and brings more than 50 years of combi\u00adned expe\u00adri\u00adence in public and private markets, with over $2.9 billion inves\u00adted. Besant Digi\u00adtal focu\u00adses on global venture capi\u00adtal invest\u00adments with a focus on tech\u00adno\u00adlogy and digi\u00adtal busi\u00adness models. The main target regi\u00adons are Europe, Israel and the USA as proven centers for innovation.<\/p>\n
\nFinad\u00advice Med HOLDINGS is a Swiss invest\u00adment company supported by a group of Euro\u00adpean entrepreneurs.<\/p>\n
\nThe family busi\u00adness is a holding company with indus\u00adtrial roots. It was a share\u00adhol\u00adder in Aber\u00adtis, one of the worl\u00add\u2019s leading compa\u00adnies in the high\u00adway and tele\u00adcom\u00admu\u00adni\u00adca\u00adti\u00adons infra\u00adstruc\u00adture sector. Its main busi\u00adness areas are curr\u00adently rene\u00adwa\u00adble ener\u00adgies, real estate (Spain, France and Germany) and health\u00adcare centers, and it is also present in the agri\u00adcul\u00adtu\u00adral and indus\u00adtrial sectors through finan\u00adcial invest\u00adments. It holds a signi\u00adfi\u00adcant stake in Flui\u00addra, the global market leader for swim\u00adming pool and well\u00adness equipment.<\/p>\n
\nLP&E is a priva\u00adtely held venture capi\u00adtal firm based in Switz\u00ader\u00adland that focu\u00adses on invest\u00adments in emer\u00adging tech\u00adno\u00adlo\u00adgies and inno\u00adva\u00adtive busi\u00adness models.<\/p>\n