Isar Aerospace launches into orbit in historic European first

Isar Spectrum rocket

German space start-up Isar Aerospace has taken a major step towards challenging the dominance of SpaceX, successfully sending its Spectrum rocket into orbit from Norway in a historic first for Europe.

The launch from Andøya Spaceport on 5th September 2026 marked the first time a privately developed rocket had successfully reached orbit from continental Europe.

Spectrum rocket

Spectrum reportedly carried five small satellites and a technology experiment, completing its mission after an earlier launch attempt ended in failure in 2025.

For Isar, the achievement is about more than proving its rocket works. The company believes the global space industry is suffering from a serious shortage of launch capacity, creating an opportunity for new providers.

Isar chief executive Daniel Metzler described launch capability as the industry’s biggest bottleneck, as demand for satellite launches continues to grow.

The company already has five more Spectrum rockets in production and ultimately wants the capacity to build and launch around 40 rockets a year.

SpaceX

That remains a formidable ambition. SpaceX has established an enormous lead in launch frequency and reusable rocket technology.

Nevertheless, Isar‘s success gives Europe a new commercial route into space and could reduce its reliance on American providers.

With satellite networks, defence systems and communications increasingly dependent on space, the race for launch capacity is becoming increasingly strategic.

Apple’s Folding iPhone for $2000!

Apple premium cost iPhone

Apple is reportedly preparing to take the iPhone into a new price bracket, with its first foldable model expected to cost more than $2,000 when it arrives later this year.

The device, widely rumoured to be called the iPhone Ultra, is expected to fold like a book, opening into a much larger display approaching the size of an iPad mini.

Reports suggest Apple has spent years refining the hinge and screen in an effort to minimise the crease that has affected some rival foldable phones.

Premium price

But the eye-watering price is perhaps the most significant aspect. Some estimates put the starting price between $2,000 and $2,500, while higher-storage versions could potentially approach or even exceed $3,000.

For Apple, this appears to be about more than simply selling another iPhone. Rising component costs, particularly for memory, are putting pressure on margins, while the company increasingly looks towards wealthy consumers prepared to pay for premium technology.

The gamble is whether Apple’s enormous brand appeal can persuade customers that a $2,000-plus smartphone is worth owning.

If it succeeds, the foldable iPhone could establish an entirely new premium tier — and potentially give Apple room to push prices higher across the wider iPhone range.