PPangea Propulsion
Pangea Propulsion is a Spanish-French space propulsion company that designs and manufactures high-efficiency, reusable rocket engines, best known for reviving the aerospike nozzle concept and for its 3D-printed, methalox ARCOS and DEMO-P engines. Founded in Barcelona in 2018 as Pangea Aerospace, it abandoned its Meso micro-launcher project in 2023 to specialise purely in propulsion and rebranded to Pangea Propulsion in July 2025; it raised a €23M Series A in March 2025 and leads ESA's future European high-thrust engine (EFIS) study. The company opened a 1,000 m² serial-production facility in L'Hospitalet de Llobregat in July 2026 and also operates a Toulouse office and a Lleida test site.
SectorsSpace, Aerospace, Deeptech, Advanced Manufacturing, Propulsion
Start-up MapDeeptech & Hardware › Space technology & satellite systems
Founders
A
Adrià Argemí Samsó
Co-Founder & CEO
F
Federico Rossi
Co-Founder & Head of Propulsion
L
Luis Bellafont
Co-Founder & CFO
N
Nicola Palumbo
Co-Founder & Head of Mechanical Engineering
R
Rasmus Bergström
Co-Founder & Head of Flying Vehicles
X
Xavier Llairó
Co-Founder & CCO
Global models 4
UUrsa Major
United States · www.ursamajor.com ↗
An independent engine maker that designs and 3D-prints rocket engines and sells them to launch and defence customers, rather than flying its own vehicle.
$350MComparable
XX-Bow Systems
United States · www.xbowsystems.com ↗
A specialist propulsion supplier that makes rocket motors and sells them to primes and launch programmes as a component vendor.
$200MComparable
VVenus Aerospace
United States · www.venusaero.com ↗
Develops a new-concept rocket engine (rotating detonation) and sells or licenses it to aerospace and defence customers, much as Pangea does with its aerospike.
$100MComparable
FFirehawk Aerospace
United States · www.firehawkspace.com ↗
A venture-backed start-up that only does propulsion, building 3D-printed hybrid rocket engines to sell to launch and defence customers.
$60MComparable
In the same niche 16 others
See all in the Start-ups Map →
Notes: Most funded first
Investors 7
Open as list →
HHyperion Fund
hyperionfund.eu
IInveready
www.inveready.com
CCentro para el Desarrollo Tecnológico y la Innovación
www.cdti.es
DDozen Investments
dozeninvestments.com
PPrimo Space
A
André-Hubert Roussel
E
E2MC Ventures
Funding rounds 3
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2025-03-18 | Series A | €23M |
Hyperion Fund
+3 more
|
| 2021-05-19 | Seed | €3M |
Inveready
+4 more
|
| 2020-01-08 | Pre-seed (estimated) | approximately €1M |
Lead not disclosed
+1 more
|
News 2
Open as list →| Published | Article |
|---|---|
| 2026-10-13 |
Dealflow #530: Helicon raised €14M. Multiverse incognita. Inditex OSS. ↗
Dealflow.es
2026-10-13 |
| 2026-04-21 |
Spain's Pangea Propulsion Secures €2 Million from the Catalan Government ↗
European Spaceflight
2026-04-21 |