SpaceX rival launches rocket in historic first, says industry is “desperate” for more

Source: CNBC

“German rocket maker Isar Aerospace successfully reached orbit for the first time over the weekend, marking a milestone for Europe’s commercial space industry as the company looks to ramp up launches to meet what it says is booming demand. The Munich-based company’s Spectrum rocket reached orbit on Saturday and successfully deployed its payloads in low Earth orbit, an achievement that came on only its second test flight. Chief Commercial Officer Stella Guillen told CNBC on Monday that the company was now focused on scaling production, saying the space industry was ‘desperate’ for additional launch capacity and that Isar had a pipeline worth more than 10 billion euros ($11.6 billion).” (09/07/26)

https://www.cnbc.com/2026/09/07/isar-aerospace-spacex-rival-rocket-launch.html