Pangea Aerospace

Barcelona, Spain Founded: 2018 • Age: 8 yrs
Reusable launch vehicles for small payloads are developed.
Annual revenue - Latest available
Total funding $29.9M 7 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Aerospace, Defense & Maritime
  • Email
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Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $29.87 M (USD)

    in 7 rounds

  • Latest Funding Round
    $25.11 M (USD), Series A

    Mar 18, 2025

  • Investors
  • Employee Count
    Not available
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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.

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Primary

Develops efficient systems for spacecraft propulsion and sustainability

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Provides engines for launchers and hypersonic applications

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Offers systems for maneuvering spacecraft in orbit

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Creates technologies for reusable space hardware

People of Pangea Aerospace

Headcount 10-50
Employee Profiles 23
Board Members and Advisors 3
Employee Profiles
People
Daniele Bartoccini
Technical Coordinator
People
Federico Rossi
Co-Founder & Head of Propulsion
People
Xavier Llairó
Co-Founder & CCO
People
Luis Bellafont
Co-Founder & CFO

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Board Members and Advisors
people
Jean-Jacques Dordain
Advisor
people
Yannick D’Escatha
Advisor
people
Armando Tempesta
Advisor

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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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Investor details for Pangea Aerospace

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Investments & Acquisitions by Pangea Aerospace

Investments
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Investment portfolio details for Pangea Aerospace

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Financial Statements - Pangea Aerospace

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Pangea Aerospace Comparisons

Pangea Aerospace Primary company
Description
Reusable launch vehicles for small payloads are developed.
Location
Barcelona, Spain
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Pangea Aerospace

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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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Private aerospace manufacturing and commercial launch solutions are provided.
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Manufacturer of launch vehicles for small payloads
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Detailed competitors of Pangea Aerospace

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Latest news on Pangea Aerospace

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Complete news archive for Pangea Aerospace

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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.

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.

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