tl;dr: Isar Aerospace successfully reached orbit and deployed payloads on its second flight of the Spectrum rocket, launching from Andøya, Norway, becoming the first commercial European company to do so. The mission carried payloads selected via the German Space Agency's Microlauncher Competition. The Munich-based company has Spectrum vehicles 3-7 in production and is building a second launch site in Nova Scotia, with plans to eventually manufacture up to 40 vehicles per year.