Altcoins News
By Dan Saada
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The €10 Billion Pipeline Claim. Here's where it gets interesting financially. Stella Guillen, Isar's Chief Commercial Officer, put…
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Where Isar Sits in the European Launcher Challenge. The European Space Agency picked five companies for its European Launcher Challenge, with a goal…
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SpaceX Stock Barely Moved. The launch happened on a Friday, which gave markets the weekend to absorb the news before trading…
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Spectrum flew. And it actually worked this time.
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On September 5, Isar Aerospace's Spectrum rocket lifted off from Andoya Spaceport in northern Norway and reached orbit, deploying six payloads — five cubesats and one experiment…
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The first attempt, back in March 2025, didn't go that way. The rocket lost control shortly after liftoff and the mission ended early.
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Here's where it gets interesting financially. Stella Guillen, Isar's Chief Commercial Officer, put a number on the company's commercial backlog: €10 billion, or roughly $11.
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Whether €10 billion translates into actual signed contracts and delivered revenue is a different question entirely. Probably the most important one right now.
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Isar raised €270 million — about $313.6 million — in June, with Porsche and the NATO Innovation Fund both putting money in.
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Spectrum itself is designed for the small-satellite market and can carry up to 1,000 kilograms.
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See also: Bitcoin Stalls Near $80,000 as Trading Volume Plummets to $20 Billion
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The European Space Agency picked five companies for its European Launcher Challenge, with a goal of getting at least one of them to orbit by 2027.
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The ESA challenge matters beyond the prestige. It's tied to real institutional support for building a European commercial launch capability that doesn't depend entirely on…
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The launch happened on a Friday, which gave markets the weekend to absorb the news before trading resumed. SPCX — the publicly traded SpaceX vehicle — closed at $147.
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SpaceX is valued at close to $1.95 trillion. Isar's Spectrum, while genuinely impressive for a European startup, isn't moving that needle in any meaningful way right now.
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