Molten Ventures PLC: Molten strategically backing Isar Aerospace new funding round

Research evidence excerpt

Molten Ventures PLC: Molten strategically backing Isar Aerospace new funding round

Deutsche Bank Group

Deutsche Numis Research

Rating Company Date

Buy Molten Ventures 10 June 2026

Company Update

Europe PLC

United Kingdom

Reuters Bloomberg Exchange Ticker Price at 9 Jun 2026 (GBP) 624.50

GROW.L GROW LN LSE GROW

Price Target (GBP) 877.00

Diversified Financials

624.50 -

Asset Managers 52-week range (GBP) 288.00

Molten strategically backing Isar

Valuation & Risks Aerospace new funding round

Tintin Stormont

Core portfolio Isar Aerospace €270m Series D funding round Research Analyst

Isar Aerospace, one of Molten’s core portfolio companies announced the +44-020-7541-1558

completion of a €270m Series D funding round. Molten is a significant strategic

backer, investing €30m in this round, alongside Island Green Capital and Price/price relative

participation from existing investors. Isar Aerospace was founded in 2018 near 750

Munich, Germany, to open space as a platform for future technologies and 500

innovations, making space scalable. As a launch service provider for small and

medium-sized satellites and satellite constellations, Isar is creating access to space

for global customers and is one of the most compelling opportunities in the space 0 2024 2025 2026

technology sector. The capital should drive global scaling and ramp up serial

Molten Ventures PLC – (Rebased)

production of the Spectrum launch vehicle.

Performance (%) 1m 3m 12m

Structural tailwinds in Space Tech, Isar compelling asset Absolute 5.0 40.7 96.4

Governments and commercial operators increasingly require reliable, responsive FTSE ALL SHARE INDEX -0.1 0.2 14.7

access to orbit for comms, earth observation, defence, and national security, yet Source: Deutsche Bank