Invest in Bavaria - The Business Promotion Agency of the State of Bavaria’s Post

Major success for "Germany's Space Valley": NATO invests in Bavarian start-up Isar Aerospace 🚀 The Munich-based space start-up Isar Aerospace is one of the leading private space companies in Europe. NATO's significant investment of 65 million euros is intended to ensure Europe's technological sovereignty and expand the series production of launch vehicles. It is particularly noteworthy that Isar Aerospace was founded by three students from the Technische Universität München (Technical University of Munich) and now employs over 400 people from more than 50 nations. The start-up was also supported by Invest in Bavaria.🌍 Bavaria continues to impress as an innovation hub in the mobility & aerospace sector. Isar Aerospace also has access to valuable resources thanks to the Hightech Agenda Bayern, which invests 5.5 billion euros in research and development. This initiative promotes key technologies such as artificial intelligence and aerospace in particular and creates optimal conditions for the development and realisation of innovative ideas. More about Mobility & Aerospace in Bavaria: https://lnkd.in/dHHUxhHq #successinbavaria #crossindustryinnovation #freshfrombavaria #spacetech #aerospace Image: Isar Aerospace

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