Isar Aerospace has won the first of two main rounds of the DLR microlauncher competition beating out Rocket Factory Augsburg and HyImpulse Technologies.

Isar Aerospace, a German small launch vehicle company, has raised an additional $75 million that will allow the company to expand its manufacturing and launch capabilities.

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Jeff Foust has more than a decade of experience writing about space policy, entrepreneurial ventures and regulatory affairs. In 2001, he established spacetoday.net to aggregate and summarize the day's space-related news stories. In 2003, he started The...