Still no post about the other news from ISAR aerospace. ...
@isaraerospace has found a new home and signed a contract with VGP to develop our new company HQ in Vaterstetten near Munich, GER. Our scalable series production will be one of the world's most advanced production facilities for orbital LVs.More: https://ow.ly/nbKH50RucF2
QuoteLook at 50min into the video; ISAR requires one week to produce a new iteration of their engine.That's the PR blurb section of the video. Tim Dodd tries to find out if they have some competitive edge in their development philosophy, and the answer is: blurb.
Look at 50min into the video; ISAR requires one week to produce a new iteration of their engine.
That's business plan stuff, not real engineering stuff.
unclear why they get so much funding. Checkout the new NATO collaboration.
This brings the total amount raised by Isar to over 400 million euros (>$425M). For reference, it took SpaceX and Rocket Lab $100-200M to reach first launch of their small-launch vehicles.
I think they are getting ahead of themselves by overestimating demand and underestimating how long it takes to get operational LV ie 5-10 launches a year.F9 and Electron took quite afews to reach 10 launches a year. LauncherOne was getting close to 5 before it went bankrupt. Alpha is another couple years at least from 10 launches per year.To many startups over capitalise to soon which is partly why VO went bankrupt and RL bought $100m factory for $16m. Astra are all but bankrupt for similar reasons. Rough rule of thumb is 1, 3, 6 launches over 3 years. RL with all their Electron are still working to this plan with Neutron.
Also, we should note that both Starship and Vulcan are making an effort to buck that trend this year, so maybe that rule of thumb won't be so significant this time next year. We'll see.
Quote from: JEF_300 on 06/26/2024 11:08 pmAlso, we should note that both Starship and Vulcan are making an effort to buck that trend this year, so maybe that rule of thumb won't be so significant this time next year. We'll see. That is true, but both companies have significant launch experience and one of them is designed to be a dependable workhorse designed to slot right in. The other holds the record for most launches in a year by a country mile even if their vehicle is ambitious and audacious.