About Pangea Aerospace
Pangea Aerospace is a company based in Barcelona (Spain) founded in 2018 by Xavier Llairo, Nicola Palumbo, Rasmus Bergstrom, Adria Argemi Samso, and Federico Rossi. Pangea Aerospace has raised $29.87 million across 7 funding rounds from investors including European Union, CDTI and Dozen. Pangea Aerospace offers products and services including Propulsion Systems, Rocket Engines, In-Space Propulsion, and Reusable Launchers Technologies. Pangea Aerospace operates in a competitive market with competitors including Rocket Lab, Astra, Firefly Aerospace, Skyroot and AgniKul, among others.
- Headquarter Barcelona, Spain
- Founders Xavier Llairo, Nicola Palumbo, Rasmus Bergstrom, Adria Argemi Samso, Federico Rossi
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.87 M (USD)
in 7 rounds
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Latest Funding Round
$25.11 M (USD), Series A
Mar 18, 2025
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Investors
European Union
& 7 more
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Employee Count
Employee Count
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Products & Services of Pangea Aerospace
Pangea Aerospace offers a comprehensive portfolio of products and services, including Propulsion Systems, Rocket Engines, In-Space Propulsion, and Reusable Launchers Technologies.
Develops efficient systems for spacecraft propulsion and sustainability
Provides engines for launchers and hypersonic applications
Offers systems for maneuvering spacecraft in orbit
Creates technologies for reusable space hardware
People of Pangea Aerospace
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Funding Insights of Pangea Aerospace
Pangea Aerospace has successfully raised a total of $29.87M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $25.11 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $25.1M
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First Round
First Round
(01 Sep 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2025 | Amount | Series A - Pangea Aerospace | Valuation | Hyperion Fund | |
| May, 2021 | Amount | Seed - Pangea Aerospace | Valuation | Inveready | |
| Feb, 2020 | Amount | Grant - Pangea Aerospace | Valuation |
investors |
Investors in Pangea Aerospace
Pangea Aerospace has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, CDTI and Dozen.
| Investor | Description | Founded Year | Domain | Location |
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Growth capital is provided by Hyperion to defense and aerospace companies.
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Inveready is recognized as a leading Spanish financial services firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pangea Aerospace
Financial Statements - Pangea Aerospace
Pangea Aerospace Comparisons
Competitors of Pangea Aerospace
Pangea Aerospace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rocket Lab, Astra, Firefly Aerospace, Skyroot and AgniKul, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Reusable launch vehicles for small satellite payloads are provided.
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Astra is engaged in providing space launch services.
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Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles
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Provider of space launch services using Vikram series launch vehicles
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| domain | founded_year | HQ Location |
Private aerospace manufacturing and commercial launch solutions are provided.
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| domain | founded_year | HQ Location |
Manufacturer of launch vehicles for small payloads
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Frequently Asked Questions about Pangea Aerospace
Pangea Aerospace was founded in 2018.
Pangea Aerospace is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Adria Argemi Samso is the current CEO of Pangea Aerospace. They have also founded this company.
Pangea Aerospace is a funded company, having raised a total of $29.87M across 7 funding rounds to date. The company's 1st funding round was a Grant of $405.8K, raised on Sep 01, 2018.
Pangea Aerospace was founded in 2018 in Barcelona, Spain, within the aerospace sector. Reusable launch vehicles are developed for small payloads, featuring a liquid-propelled two-stage rocket system equipped with aerospike engines. Small satellites are enabled to reach space through these vehicles. Operations are based in Europe, focusing on innovative propulsion and orbital delivery solutions for the satellite industry.
Pangea Aerospace's top competitors include Astra, Rocket Lab and Skyroot.
Pangea Aerospace offers Propulsion Systems, Rocket Engines, In-Space Propulsion, and Reusable Launchers Technologies.
Pangea Aerospace has 8 investors. Key investors include European Union, CDTI, Dozen, Hyperion Fund, and Primo Capital.