Isar Aerospace signs
contract with European Space Agency as first
German company under ESA C-STS
02 Nov 2020
Isar Aerospace successfully
signed contracts under the first funding
programme for commercial space transportation
companies by the European Space Agency (ESA) in
Europe. As part of the Commercial Space
Transportation Services and Support Programme
(C-STS) called “Boost!”, Isar Aerospace gets a
funding of 500.000 Euros to finance the
development of test rig systems and further
expand capabilities in its newly opened
production site in Ottobrunn/Munich. According
to ESA, Isar Aerospace is the first German
company to sign contracts under C-STS.
“We are very happy that ESA
starts to fund commercial space transportation
initiatives, which are rooted and developed in
and for Europe. There would be no SpaceX without
NASA. And there will be no European equivalent
without European state support. Therefore, we
regard this as a first important step into the
right direction”, says Daniel Metzler, CEO of
Isar Aerospace.
Isar Aerospace is the only
privately-financed European space company which
offers a completely in-house developed launch
vehicle suitable for entire satellite
constellations – one of the most promising and
important sectors of the global space industry.
Isar Aerospace has developed its rocket from
scratch and thereby ensures that the entire
added value is generated within the European
Union.
The “Boost!” programme was
initiated by a microlauncher competition,
introduced by the German Ministry of Economic
Affairs and Energy and designed by the German
Aerospace Center (Deutsches Zentrum für Luft-
und Raumfahrt, DLR). In the main round, two
German space start-ups will be funded with 11
million Euros each to provide European companies
and institutions with flexible and
cost-efficient access to space.