Space race: VGP builds Munich HQ for satellite launch firm Isar

Satellite launching service company Isar Aerospace is to establish its headquarters at Vaterstetten near Munich and has signed a contract with logistics and industrial real estate specialist VGP Group which will develop the new facility. The site at the Parsdorf III industrial estate (pictured above), will accommodate Isar’s production, development, and corporate headquarters.

VGP will develop a 40,000 sq m facility for Isar bringing the total on the estate, which will be fully occupied, to 320,000 sq m.

Jan Van Geet, CEO of the VGP Group, emphasises: “More than a year after the successful handover and commissioning of the buildings for KraussMaffei and BMW, we are delighted to have found a third, no less impressive tenant for the final part of our campus.”

The three tenants together will provide over 3,000 jobs in forward looking production facilities Van Geet added.

The Vaterstetten municipal council has already approved the plans, but planning permission is still pending. Construction is scheduled to begin in 2024.

The VGP Park Munich in the Parsdorf III industrial estate is described as a role model for sustainability and the existing buildings have been granted gold certification by the DGNB (German Sustainable Building Council) which will also be sought for Isar’s building. The sustainable energy supply for the buildings will be provided by solar systems.

In addition to the existing PV systems in the park which have a total capacity of 11.5 MWp, the new building will have 3 MWp capacity.

“By building one of the world’s most modern production facilities for orbital launch vehicles, we are literally laying the foundations to become Europe’s leading provider of satellite launches and to provide small and medium sized satellites with sustainable access to space,” Isar Aerospace co founder and CEO Daniel Metzler said.