<ul><li>German space firm Isar Aerospace secures $168 million in new financing round from Porsche SE and HV Capital.</li><li>Isar Aerospace's Spectrum launch vehicle, designed to launch small and medium-sized satellites into orbit, set to take maiden flight later in 2023.</li><li>Porsche SE to join Isar Aerospace's supervisory board following successful financing round.</li><li>The company plans to launch its Spectrum rocket, which can carry small and medium-sized satellites, from a Norwegian launch pad in the second half of 2023.</li></ul>

SpaceX rival Isar raises $168 million from Porsche SE and others

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