Funding package includes a 2500000 EUR grant, 6000000 EUR in equity from the EIC Fund, and 6000000 EUR in private investment. The article states the company is Spanish and mentions in-orbit validation of its DARK propulsion system in March 2025.
About Arkadia Space
Arkadia Space is a Spanish startup developing green propulsion systems for satellites and space vehicles, including monopropellant and advanced bipropellant solutions for satellite manoeuvring, in-orbit servicing, and space logistics.
Castellon, Spain
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Source: https://tech.eu/2026/03/26/arkadia-space-secures-eur145m-eic-backing-for-green-propulsion-tech/
Frequently Asked Questions
What type of funding round did Arkadia Space raise?
Arkadia Space raised a unspecified round.
How much did Arkadia Space raise in its unspecified?
Arkadia Space raised $14,500,000 EUR in its unspecified.
When did Arkadia Space raise its unspecified?
Arkadia Space raised its unspecified on 2026-03-26.
Who invested in Arkadia Space's unspecified?
The investors in Arkadia Space's unspecified are: EIC Fund, European Commission, Private Investors.
What type of investment was Arkadia Space's unspecified?
Arkadia Space's unspecified was a equity investment.
How will Arkadia Space use the funds from its unspecified?
Arkadia Space plans to use the funds for: commercialisation of green propulsion technology, research and development, expansion of testing infrastructure, scaling commercial operations.