{"id":55971,"date":"2019-12-20T15:59:13","date_gmt":"2019-12-20T14:59:13","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=55971"},"modified":"2019-12-19T14:10:23","modified_gmt":"2019-12-19T13:10:23","slug":"isar-aerospace-investment","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/55971\/isar-aerospace-investment\/","title":{"rendered":"Isar Aerospace closes Series A financing round with $17 million"},"content":{"rendered":"
\n

Isar Aerospace<\/a> from Gilching near Munich has closed a $17 million Series A investment round. The space company plans to use the funds to further develop its launch vehicles. <\/strong><\/p>\n\n\n\n

Earlybird and Airbus Ventures led the financing. Other investors participating in the round included existing investors Vito Ventures and UVC Partners, Angermayer's Apeiron Investment Group, and Bulent Altan, who spent 12 years at SpaceX. <\/p>\n\n\n\n

Isar Aerospace: \u201cSpace is becoming the new Internet\u201d<\/h2>\n\n\n\n

Isar Aerospace was founded in 2018 by three Technical University of Munich graduates, Daniel Metzler, Josef Fleischmann, and Markus Brandl. The company aims to provide high-performance yet cost-effective access to space. Its target group is small and medium-sized satellite manufacturers. <\/p>\n\n\n\n

\u201cSpace is becoming the new Internet and its commercialization is in full swing,\u201d <\/p><\/blockquote>\n\n\n\n

says Daniel Metzler<\/strong>, CEO of Isar Aerospace. <\/p>\n\n\n\n

\u201cThis round of financing enables us to make significant progress in developing sustainable, environmentally friendly launch vehicles and further realize our vision of making access to space affordable for all.\u201d<\/p><\/blockquote>\n\n\n\n

Hendrik Brandis<\/strong>, Partner at Earlybird, says: <\/p>\n\n\n\n

"There is a new optimism in the aerospace industry. We see the New Space segment as a future-oriented business centered around rockets and satellites. Isar Aerospace particularly impressed us with its professional, motivated, and highly talented team. This is our first investment in this area, and we are proud to support Isar Aerospace as the lead investor in the Series A round and look forward to accompanying them on their journey as investors and supporters."<\/p><\/blockquote>\n\n\n\n

<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Isar Aerospace, based in Gilching near Munich, has closed a $17 million Series A investment round. The aerospace company plans to use the funds to further develop its launch vehicles. Earlybird and Airbus Ventures are leading the financing. Existing investors Vito Ventures and UVC Partners, as well as Angermayers Apeiron Investment Group and...<\/p>","protected":false},"author":26,"featured_media":56009,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,1],"tags":[52,3342],"acf":[],"yoast_head":"\nIsar Aerospace schlie\u00dft Finanzierungsrunde mit 17 Millionen Dollar ab<\/title>\n<meta name=\"description\" content=\"Isar Aerospace aus Gilching bei M\u00fcnchen hat eine Series-A-Investitionsrunde in H\u00f6he von 17 Millionen Dollar abgeschlossen.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/55971\/isar-aerospace-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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