Private Equity 24 Hours

Last updated: September 5, 2026, 10:01 PM ET

Private Equity

German spacetech Isar Aerospace achieved a milestone with its second rocket launch successfully reaching orbit from Norway. This marks a significant step for the sector's private investment thesis, as the company's second flight demonstrated the viability of reusable launch technology. The success, which comes after a previous attempt failed to reach orbit, underscores the growing confidence among investors backing European space startups. With the launch site in Norway proving operational, the company now positions itself to compete for commercial satellite deployment contracts.