Arkadia Space

arkadiaspace.com ↗ ·Castellón de la Plana ·Seed

Arkadia Space is a Spanish deep-tech startup (Castellón de la Plana) founded in 2020 that designs, manufactures and commercializes green, hydrogen-peroxide-based chemical propulsion systems (monopropellant and bipropellant thrusters, tanks and custom propulsion modules) for satellites and space vehicles, aiming to replace toxic hydrazine fuels. In March 2025 it became the first European company to operate hydrogen-peroxide propulsion in orbit (aboard SpaceX's Transporter-13 mission), and has raised a €2.8M seed round (2023) plus a €14.5M EIC Accelerator package (grant + equity, announced March 2026).

Founded

2020

Founders

Total funds raised

€3.2M+

SectorsSpace Tech, Deep Tech, Propulsion Systems, Aerospace, Green/Sustainable Technology Start-up MapDeeptech & Hardware › Space technology & satellite systems

Suggest a correction

Founders

Francho García

Co-Founder & CEO

Francisco José Espinosa Más

Co-Founder & CMO

Ismael Gutiérrez

Co-Founder & CTO

Sergio Soler Valera

Co-Founder & CFO

Global models 5

Impulse Space

United States · www.impulsespace.com ↗

Builds in-space propulsion vehicles and thrusters to move satellites in orbit, the closest large-scale comparable to Arkadia's propulsion-systems model.

$225MComparable

Benchmark Space Systems

United States · www.benchmarkspacesystems.com ↗

Designs and manufactures chemical and electric in-space propulsion systems for satellites, directly comparable to Arkadia's thruster/tank business.

$73MComparable

Accion Systems

United States · accion-systems.com ↗

Develops electric propulsion thrusters for satellites, a direct component-level competitor to Arkadia's propulsion hardware model.

$71.6MComparable

Momentus

United States · momentus.space ↗

Develops in-space propulsion and orbital transfer vehicles for satellite operators, similar propulsion-as-hardware business model.

$34M (pre-SPAC VC)Comparable

ThrustMe

France · www.thrustme.fr ↗

European maker of green (iodine-based) electric propulsion systems for small satellites, the closest European green-propulsion peer to Arkadia.

$6.9MComparable

In the same niche 16 others

See all in the Start-ups Map →

No stage disclosed · €239M

Venture Debt · €94.9M

Satlantis

Bilbao

No stage disclosed · €38.4M

+10 more →

Notes: Most funded first

Investors 6

Open as list →

Draper B1

draperb1.vc

2 rounds, led 1 · 2023–25 Spain

Centro para el Desarrollo Tecnológico y la Innovación

cdti.es

Seed 2025 Spain

Antoine de Chassy

Seed 2023 France

Club de Inversión Órbita (CEEI Castellón)

Pre-seed 2022 Spain

Expansion Ventures

expansion-vc.eu ↗

Seed 2023 France

Pedro Duque

Seed 2023 Spain

Funding rounds 3

·2 not counted

Date	Round	Amount	Lead
2025-04-09	Seed (estimated)	€360K partial: only one investor's ticket was disclosed	Lead not disclosed +2 more
2023-10-25	Seed	€2.8M	Draper B1 +3 more
2022-01	Pre-seed (estimated)	—	Lead not disclosed +1 more

Not counted (2)

Not counted in totals

2026-03-26	Grant	€2.5M	EIC Fund (European Innovation Council)
2023-08-08	Grant	€325K	Lead not disclosed +1 more

News 2

Open as list →

Published	Article
2026-09-10	Spain's top-funded tech companies in H1 2026 ↗ Tech.eu 2026-09-10
2026-03-26	Arkadia Space lands €14.5 million EIC boost for its green propulsion systems designed to replace toxic space fuels ↗ EU-Startups 2026-03-26