SpaceX Has a New European Rival, and It Just Hit Orbit on Its Second Try

NewsMon, 07 Sep 2026 09:00:46 UTC2 hours ago

TLDR

  • Isar Aerospace’s Spectrum rocket became the first private rocket to reach orbit from continental Europe, launching from Arctic Norway
  • This was Isar’s second attempt after its first rocket crashed 30 seconds after liftoff last year
  • The rocket carried five small satellites and an in-flight technology experiment
  • Isar has raised €270 million and signed a €200 million contract with the European Space Agency
  • Defense customers now make up about 60% of Isar’s orders, with missions already booked through 2028

Germany-based Isar Aerospace launched its Spectrum rocket into orbit on Saturday from Andøya Spaceport in Arctic Norway. It was the first private commercial rocket to reach orbit from continental Europe.

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