Arkadia Space is an in-space propulsion company. It designs, develops and commercialises engines and propulsion systems based on green propellants; an alternative to current hydrazine-based toxic solutions, at a fraction of the cost. It is an enabler of the space logistics market, and it wants to lead the transition towards a greener in-space propulsion landscape. Here are details of Arkadia Space’s latest funding round :
🚀 Launch
2020
🏭 Industry
Aviation and Aerospace
🧠Management
Francho García (CEO), Francisco Espinosa (Director of Mechanical Engineering), Ismael Gutiérrez (Director of Propulsion), Sergio Soler (Director of Automation)
💸 Funding & Investors
| INVESTMENT (October 2023) | $3 million (Seed) |
| INVESTORS (October 2023) | led by Draper B1 with participation from Expansion Ventures and several angel investors, among them Pedro Duque, the former Spanish astronaut and science minister, and Antoine de Chassy, founder of Loft Orbital. Both will be advisers to the company. In addition to the seed round investment, Arkadia Space has received funding from the European Space Agency, including one that is part of the agency’s Future Launchers Preparatory Program. |
🎯 Funding purpose
Expansion; Product development
🌐 Country HQ
Spain (Benlloch)