German launch company Isar Aerospace has raised €270 million in Series D funding as Europe seeks to strengthen its sovereign space launch capability. The investment, announced on 9 June, will support production of the company's Spectrum launch vehicle, expansion of launch infrastructure and international growth. It comes at a time when governments and investors are placing increasing strategic value on technologies that underpin communications, navigation, security and economic resilience.

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For decades, Europe has been a major force in satellite manufacturing, scientific missions and aerospace engineering. Yet access to orbit has often relied on a relatively small number of launch systems.

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