31 Jul, 2021 12:09 Follow RT on
The Porsche dynasty appears to be joining the space race to compete with Blue Origin, SpaceX and Virgin Galactic, after the luxury car manufacturer acquired a stake in a German start-up Isar Aerospace.
The Ottobrunn-based rocket firm is focused on developing and managing launch vehicles to transfer satellites into orbit around Earth. Porsche has reportedly invested $75 million, which, the automaker said, represents a ‘low single-digit percentage stake’ in the German firm.READ MORE: Jeff Bezos offers NASA $2 billion to get moon mission contract he lost to Elon MuskRT’s Boom Bust talked with Aaron Pagel of …
