Isar Aerospace signs agreement with Eldridge Industries for EUR 150m financing
Isar Aerospace obtains financial commitment by Eldridge Industries
Proceeds will be used to expand launch capabilities and series production facilities near Munich, Germany
Investment supports Isar Aerospace in securing European access to space
Munich, 25 June 2025 – Satellite launch service company Isar Aerospace today announced that it has signed an agreement with Eldridge Industries for a convertible bond of EUR 150m. The company has obtained all necessary regulatory approval for implementing the agreement. The investment will enable Isar Aerospace to expand its flexible and cost-efficient launch service offerings for its global clientele, while simultaneously strengthening sovereign European access to space.
Daniel Metzler, CEO and Co-Founder of Isar Aerospace said: “We are catering to the rising global demand for satellite launch services and provide global markets and governments with independent and flexible access to space. This investment demonstrates strong confidence from global markets in our efforts to build a new space champion.”
About Isar Aerospace
The European space company Isar Aerospace develops, builds and operates launch vehicles for transporting small and medium-sized satellites as well as satellite constellations into Earth’s orbit, with the mission of opening space for future generations. Headquartered near Munich, Germany, Isar Aerospace was founded in 2018 and has grown to over 400 employees from more than 50 nations, working across 5 international locations. Private funding from international investors provides strong backing for the company’s pioneering approach to scale and industrialize launch vehicle production through vertical integration. More information: www.isaraerospace.com
Press contact Isar Aerospace
Franziska Kegel
press@isaraerospace.com
About Eldridge Industries
Eldridge Industries invests in businesses across the Insurance, Asset Management, Technology, Mobility, Sports & Gaming, Media & Music, Real Estate, and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Headquartered in Miami, FL, Eldridge Industries has offices across the United States and in London. To learn more about Eldridge Industries, please visit eldridgeind.com.
Press contact Eldridge Industries
Abby Rex-Groves
Arexgroves@prosek.com
