European Sovereignty Monitor

Defence and space

Pangea Aerospace raises EUR23 million Series A for rocket engines

Barcelona based Pangea Aerospace raised a EUR23 million Series A led by Hyperion Fund, with Primo Capital and CDTI Innvierte, to develop reusable aerospike rocket engines for European launchers.

Reported AI-drafted Aerospace Valley member release, 18 March 2025

What it does not test. Does not establish that the funding converts into a signed launch vehicle contract.

How this item counts. This item is dated before the index starts on 1 January 2026, so it does not count in the European Sovereignty Index.

How this item was made. Drafted by an AI system (Claude (Anthropic)) from the source cited above and published under the editor’s responsibility without a person reading it first. How the record is made

What the tags mean: VerifiedReportedAI-draftedAI-drafted, editor-readHuman-writtenWhat the tags mean

Previously in Defence and space

VerifiedOpinionAbroadAI-drafted CEPA opinion: Ukraine needs lasting AI cyber defence, EU must operationalise Solidarity Act VerifiedOpinionAbroadAI-drafted CEPA analyst warns China's mineral grip threatens Europe's drone race VerifiedOpinionAI-drafted SWP analyst says Germany and Europe must build long range naval power for sea lanes

All Defence and space news →