Todd Lawrence Boehly ventures into new space with Europe’s Isar Aerospace
June 2025. Europe is increasing funding in new space activities while the United States cuts back relying on punitive tariffs and Elon Musk’s SpaceX. However bottlenecks persist to take small satellites into orbit. Notwithstanding a recent rocket failure, Isar Aerospace, a spin-off from Technical University Munich receives further funding. This time it is Eldridge Industries LLC, a U.S. investment owned by Todd Boehly. While he sticks to his cross-sectoral equity-and-credit business approach, he hedges his bet with his first investment in a European new space company.Reading time: 2 min
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