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Isar Aerospace received $20M in growth debt funding from ATEL Ventures to finance the purchase of production equipment for its launch vehicles.
PRIVATEJun 04, 2024•about 2 years ago
Amount Raised
$20 Million
Round Type
Debt Financing
MunichManufacturingTransportationAerospaceSatellite CommunicationInvestors
Atel Ventures
Description
Isar Aerospace, a launch service provider for small and medium-sized satellites, received $20M in growth debt funding from ATEL Ventures. The funds will be used to finance the purchase of equipment for the production of Isar Aerospace's launch vehicles.
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