Arkadia Space, a Spanish company developing sustainable, hydrogen peroxide-based propulsion systems for spacecraft, has raised €14.5 million. This funding includes a €2.5 million grant and €12 million in equity and private investment, primarily from the European Innovation Council (EIC) Accelerator. The investment will support the commercialization of their technology, which aims to replace toxic hydrazine fuels.
Amount: $14.5M
