Isar Aerospace signs agreement with Eldridge Industries for EUR 150m financing
25 June 2025
Isar Aerospace 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.”