Isar Aerospace, based in Germany, is the first in a crop of new European rocket companies to attempt an orbital launch. If all went according to plan, Isar's Spectrum rocket would have arced to the north from Andøya Spaceport in Norway and reached a polar orbit.

Europe took a significant step in its aerospace ambitions with the first test launch of German start-up Isar Aerospace's Spectrum rocket. View on euronews

German startup Isar Aerospace launched its Spectrum rocket from the Andøya spaceport on Sunday at 6:30 a.m. ET for its first test flight. The rocket successfully lifted off from its launchpad and spent around 30 seconds in the air before it started falling back down toward the Arctic Ocean, creating a massive fireball over the water.