Free Trial

A European startup scrubs its attempt to launch an orbital rocket on its first test flight

In a photo provided by Isar Aerospace, Photo Wingmen Media, Isar Aerospace Launch Vehicle "Spectrum" is transported to a launchpad at Andoya Spaceport in Nordmela, on Andøya island, Norway, on March 10, 2025. (Isar Aerospace, Photo Wingmen Media via AP)
Remove Ads

OSLO, Norway (AP) — A private European aerospace company scrubbed its attempt on Monday to launch the first test flight of its orbital launch vehicle from Norway.

Unfavorable winds meant that the Spectrum rocket couldn't be launched from the island of Andøya in northern Norway, Munich-based Isar Aerospace said.

The launch is subject to various factors, including weather and safety. The company said it could also conduct the test flight later in the week. Another date hasn't yet been set.

The 28-meter (91-foot) Spectrum is a two-stage launch vehicle designed for small and medium-sized satellites.

The company has largely ruled out the possibility of the rocket reaching orbit on its first complete flight, saying that it would consider a 30-second flight a success. Isar Aerospace aims to collect as much data and experience as possible on the first integrated test of all the systems on its in-house-developed launch vehicle.

The startup, which says it has raised more than 400 million euros ($435 million) in capital, hopes to build up to 40 launch vehicles per year in the future at a plant outside of Munich. The launch vehicles are all to be used for putting satellites into orbit.

Isar Aerospace is separate from the European Space Agency, or ESA, which is funded by its 23 member states.

ESA has been launching rockets and satellites into orbit for years, but mainly from French Guiana — an overseas department of France in South America — and from Cape Canaveral in Florida.

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!
Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads