Valencia Institute of Finance

The Center for Industrial Technological Development (CDTI) is a public corporation under the Ministry of Economy and Competitiveness, which promotes innovation and technological development of Spanish companies. Is the entity which channels requests for funding and support to projects I + D + i  of Spanish companies  in the national and international levels.  The CDTI has a staff of more than 300 people formed three quarters of engineers and graduates. Although the bulk of the infrastructure of the CDTI is located in Madrid, the Centre offers Spanish companies a strategic network of offices and representatives abroad (Japan -SBTO (Spain Business and Technology Office) - Belgium -SOST (Spain Office of Science and Technology) and Permanent Secretariat Eureka-, Brazil -FINEP (Financier of Studies and Projects) -, Korea, Chile, Morocco, China, India, Mexico and USA) to support them in their technological activities of type int .

Centre for the Development of Industrial Technology (CDTI)

GMV is a technological enterprise private equity group with international presence. Founded in 1984, GMV offers its solutions, services and products in very diverse sectors: Aeronautics, Banking and Finances, Space, Defense, Health, Security, Transportation, Telecommunications, Information Technology for Public Administration and large corporations.  In the global world we live in the unique and complex needs of our clients we find a range of products, solutions and services evolving technologies that have not born thinking specifically about their unique needs but have been designed to meet the common denominator of a global market.  The leadership position achieved by GMV in these sectors is based on a deep understanding of the needs of its customers allowing people to deliver tailored to suit thier specific needs unique solutions. GMV offers customers the best solution fully tailored to their own requirements and including all the support needed for optimum results at the right price. Employees, operating model and the values ​​of the enterprise culture of GMV are aimed at ensuring that every customer gets exactly what it needs.

Criteria Venture Tech is the tech VC fund of CriteriaCaixa which invests in B2B SaaS and DeepTech companies in early and growth stages (Pre-Seed to Series C) managing more than €300M of AUM.

Criteria Venture Tech

ESA Business Applications is the go-to place for business ideas involving space in all areas of society and economy. Its mission is to support entrepreneurs in Europe in the development of business using satellite applications and space technology. The programme is designed to provide multiple entry points such as ESA Business Incubation Centres (ESA BICs), ESA Technology Transfer Brokers, ESA Business Application Ambassadors and the ESA Business Applications programme. It can also support ideas of transferring space technology into non-space markets or vice versa.

ESA Business Applications

ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects.

ENISA

Horizon 2020 is the biggest EU Research and Innovation program supporting University of Coimbra Olimpiada Economia

Horizon 2020

ORBITAL Space Investment Vehicle

SUMA Teruel

ALZIS

40 years of industrial career focused on customer service. A project that evolves with the same illusion than the first day and wich have led them to position themselves as a global Tier 1, thanks to the contribution, creativity and commitment of all the people who have contributed to make this project great. A solid organization committed to innovation for development, the excellence of products and services, and the continuous improvement of their international competitiveness. Learn more about them: the business model, corporate principles, results or the history of their company.

Aciturri

JME Venture Capital is an early-stage investment fund based in Madrid and Barcelona. The company was established in 2009 and is based in Madrid, Spain.

JME Ventures

Arcano is a leading independent advisory services firm with a presence in Europe and the United States  Three specialized areas:   1) Investment banking   They provide financial advisory services for companies and financial investors in corporate transactions, such as mergers & acquisitions, restructuring, capital increases or IPOs. They are the leading independent advisory services firm in the Spanish market.   2) Asset management   Arcano provides access to diversified and specialized alternative investment vehicles such as Private Equity (through Europe, US, Latin America and African based funds) and European corporate debt. Arcano currently has more than €3.2bn in assets under management.   3) Family office   Arcano advises private clients from an independent and global perspective, targeting family businesses and their owners through a multi-disciplinary team composed by experts in fields such as finance, tax, legal and investment. More than €1.2bn advised.

Arcano

PLD Space

PLD Space is a spanish innovative start-up company is to provide low cost and high reliability access to space. PLD Space offers suborbital and orbital launch services to its clients.

Based in Spain, PLD Space is a developer of reusable rockets for the launch of small satellites. The company is developing two launch vehicles: the MIURA 1 suborbital and MIURA 5 orbital rockets, with the capacity to successfully send small satellites to space. The company ​​had plans to launch its MIURA 1 prototype by the end of 2022 and engage in the first real space transport mission with MIURA 5 in 2025. The company successfully completed a full mission test of MIURA 1 in September 2022 after carrying out two static fire engine tests in early 2022.&nbsp;

Technology to explore opportunities beyond Earth

Space Travel and Exploration Tech

PLD Space Unveils Plan for Reusable Launcher and Crew Capsule

Arianespace

To develop joint services to launch small satellites into orbit

Companies that facilitate space tourism and rocket and spacecraft launches, which include human spaceflights and satellite launches

Based in Spain, PLD Space is a developer of reusable rockets for the launch of small satellites. The company is developing two launch vehicles: the MIURA 1 suborbital and MIURA 5 orbital rockets, with the capacity to successfully send small satellites to space. The company ​​had plans to launch its MIURA 1 prototype by the end of 2022 and engage in the first real space transport mission with MIURA 5 in 2025. The company successfully completed a full mission test of MIURA 1 in September 2022 after carrying out two static fire engine tests in early 2022.&nbsp;The company had its first launch in <a href="https://sp-edge.com/updates/22523">October 2023</a>, launching Europe’s first-ever reusable rocket launch MIURA 1, carrying a payload for the German Center of Applied Space Technology and Microgravity (ZARM) on board.&nbsp;In&nbsp;<a href="https://sp-edge.com/updates/34646">October 2024</a>, PLD Space unveiled MIURA Next, its new family of reusable rockets, and LINCE, which it claimed was Europe's first private manned capsule. The company also reported MIURA 5 would launch from French Guiana in 2025 and that LINCE would begin testing in 2025, with its first unmanned test flight and first orbital flight scheduled for 2028 and 2030.&nbsp;Key customers and partnershipsPLD Space signed an MOU with Arianespace in June 2023, providing PLD Space access to Arianespace’s customer base to offer its small satellite launch services. The company partnered with WISeKey in September 2023 to integrate and launch WISeKey’s VaultIC408 picosatellite element for Quantum-Ready IoT communications.PLD Space and Exolaunch partnered in May 2024 to collaboratively enhance launch services, including integrating MIURA 5 with Exolaunch’s CarboNIX ring-based separation system, the EXOpod and EXOpod Nova containerized deployment systems, and the EXOtube universal modular adapter.

Founded by Elon Musk, SpaceX (Space Exploration Technologies Corporation) is engaged in the design, manufacture, and launch of rockets and spacecrafts. The startup manufactured Falcon 9, which is the first orbital class reusable rocket that helped the company bring down costs per launch due to the ability to refly. SpaceX claims to be the world’s leading provider of launch services and the first private company to transport cargo and astronauts to and from the International Space Station (ISS) with its Dragon spacecraft. It is also the first and only company to complete an all-civilian crewed mission to orbit.With Elon Musk’s plans to colonize the moon and Mars with reusable spaceships to make life multiplanetary, the startup offers commercial flights to Earth and lunar orbit and launched its first all-commercial crew to space station in April 2022. The company also offers a rideshare program, with programs starting at USD 1.1 million for 200kg to SSO (Sun Synchronous Orbit).SpaceX is also developing the Starship launch vehicle which is dubbed as the most powerful launch vehicle on earth. Starship is the integration of SpaceX’s Starship spacecraft and Super Heavy Rocket. Standing at 120 meters tall and with a fully reusable payload capacity of 100–150 tons, Starship is a fully reusable crew and cargo transportation system meant for travel beyond earth’s orbit. In April 2023, Starship <a href="https://sp-edge.com/updates/17914">conducted its maiden launch </a>during which the launch vehicle exploded due to a stage separation failure. The second test flight in <a href="https://sp-edge.com/updates/24117">November 2023 </a>, despite ending in a mid-air explosion, showcased notable advancements compared to the initial flight.In <a href="https://sp-edge.com/updates/24439">November 2023 </a>, SpaceX acquired Pioneer Aerospace, a provider of high-speed drogue parachutes, for USD 2.2 million as part of Pioneer's bankruptcy proceedings. SpaceX aims to vertically integrate the production of drogue parachutes, allowing the company to ensure quality control of this crucial component.On <a href="https://sp-edge.com/updates/30279">6th June 2024</a>, SpaceX launched its Starship rocket and successfully brought down the booster and the upper stage back to Earth in controlled ocean splashdowns, marking a key milestone for the rocket’s operations. Further in June, the company also launched 20 <a href="https://sp-edge.com/updates/30611">Starlink satellites</a> from the Vandenberg Space Force Base, followed by <a href="https://sp-edge.com/updates/30664">launching the SES</a> satellite aboard SpaceX’s Falcon 9 rocket to replace the older satellites stationed over Europe.In <a href="https://sp-edge.com/updates/31473">July 2024</a>, SpaceX launched its Falcon 9 for a second time with 20 Starlink satellites, however, it experienced upper-stage failure and all of the satellites were returned to Earth and lost. An <a href="https://sp-edge.com/updates/31996">investigation</a> with the FAA revealed that this was due to a crack in a sense line for a pressure sensor of the oxygen system. During the same <a href="https://sp-edge.com/updates/32021">month</a>, SpaceX launched two Starlink missions to deliver 44 new Starlink satellites to low Earth orbit. In <a href="https://sp-edge.com/updates/33338">September 2024</a>, SpaceX announced its plans to launch Starship on uncrewed Mars missions starting in 2026 and crewed missions in 2028.&nbsp;In&nbsp;<a href="https://sp-edge.com/updates/34797">October 2024</a>, SpaceX launched NASA's Europa Clipper spacecraft aboard the Falcon Heavy rocket. The mission aimed to explore Europa, Jupiter's moon, and determine if it could harbor life.Key customers and partnershipsSpaceX has secured many partnerships, with the most high profile being with NASA (in <a href="https://sp-edge.com/updates/12727">September 2022 </a>, NASA awarded SpaceX additional crew flights to ISS) as well as other government institutions such as the US Airforce. For example, in January 2022, it won a USD 102 million Air Force contract to demonstrate technologies for point-to-point space transportation. The company was also given a USD 2.9 billion contract in April 2021 by NASA to put its astronauts on the moon for the first time since 1972. Adding a modification–known as option B–to this contract, SpaceX was hired to provide a second crewed demonstration landing in <a href="https://sp-edge.com/updates/14642">November 2022</a>.The ESA hired SpaceX in <a href="https://sp-edge.com/updates/13938">October 2022 </a>to launch two missions aboard Falcon 9 rocket–Euclid space telescope and Hera Probe–which was previously planned to be flown on Russian Soyuz rockets.In April 2024, the company partnered with Northrop Grumman for a classified reconnaissance satellite project to support the US government's military and intelligence target tracking from low-Earth orbits. In <a href="https://sp-edge.com/updates/30280">June 2024</a> SpaceX was awarded a USD 1.5 million contract by NASA for a Mars Sample Return (MSR) mission, along with 6 other companies. The <a href="https://sp-edge.com/updates/30463">same month</a>, alongside Blue Origin and ULA, SpaceX was selected by the USSF for the National Security Space Launch (NSSL) Phase 3 launch services contract. SpaceX, once again partnered with NASA in <a href="https://sp-edge.com/updates/30847">June 2024</a>, to create and deliver the US Deorbit Vehicle which would bring the International Space Station (ISS) out of orbit in later in 2030.In&nbsp;<a href="https://sp-edge.com/updates/31893">July 2024</a>, the company was awarded a ~USD 113 million contract from NASA to provide launch services for the National Oceanic and Atmospheric Administration's (NOAA) Joint Polar Satellite System (JPSS) 4 mission.&nbsp;SpaceX received a USD 733.6 million contract from the USSF in&nbsp;<a href="https://sp-edge.com/updates/35031">October 2024</a> to provide seven launches for the Space Development Agency (SDA), to build out Tranche 2 of the Transport Layer constellation.

SpaceX

Founded in 2021, Sierra Space is an independent commercial space startup that was created as a result of the transition of defense contractor Sierra Nevada Corporation’s Space Systems business area to an independent company.The company is developing the Dream Chaser Spaceplane, claimed to be the world’s first commercial spaceplane and only winged commercial spaceplane, with a NASA contract that was expected to fly cargo resupply trips to the ISS beginning late 2023. The Dream Chaser is reusable and capable of a low, 1.5 g-force re-entry – for crew and cargo transportation – and can land on compatible commercial airport runways around the globe. &nbsp;However, in <a href="https://sp-edge.com/updates/30892">June 2024</a>, the United Launch Alliance (ULA) announced that Dream Chaser’s launch aboard the Vulcan Centaur rocket was postponed. However, Sierra Space reports that the Dream Chaser is still set to launch by the end of 2024.The company is also developing the LIFE habitat (Large Integrated Flexible Environment), an inflatable three-story commercial habitation and science platform designed for low Earth orbit. The LIFE habitat has the capacity to sleep four astronauts, with additional room for science experiments, exercise equipment, a medical center, and Sierra Space’s Astro Garden system, which can grow fresh produce for astronauts. In <a href="https://sp-edge.com/updates/31995">July 2024</a>, Sierra Space concluded its second full-scale burst test of the LIFE module, and announced its plans to fly it as a standalone spacecraft and to test a module with a volume of 500 m3 by 2025.In <a href="https://sp-edge.com/updates/30892">June 2024</a>, the United Launch Alliance (ULA) announced that Dream Chaser’s launch abroad the Vulcan Centaur rocket was postponed. However, Sierra Space reports that the Dream Chaser is still set to launch by the end of 2024.Key customers and partnershipsIn October 2021, Sierra Space and Blue Origin announced that the companies are developing Orbital Reef, a commercial space station, backed by players including Boeing, Redwire Space, Genesis Engineering Solutions, and Arizona State University. Orbital Reef will be a commercially developed, owned, and operated space station to be built in low Earth orbit. The Dream Chaser and LIFE Habitat are critical components for Orbital Reef. In <a href="https://sp-edge.com/updates/14055">October 2022 </a>, the company signed a Memorandum of Understanding (MoU) with IBM to collaborate on space technology and software platforms for Sierra Space’s entire range of spacecraft and infrastructure. Sierra Space partnered with Keystone Space Collaborative in <a href="https://sp-edge.com/updates/14514">November 2022 </a>, to advance space economy and for the development of Orbital Reef.In <a href="https://sp-edge.com/updates/16778">February 2023</a>, the company signed a five-year MoU with the University of Notre Dame for the exploration of space-based research and development in low-earth orbit (LEO), which includes identifying potential opportunities for R&amp;D payloads, conducting microgravity experiments, along with designing and developing hardware components to facilitate experimental objectives and commercialization of research findings. Further, in April 2023, Sierra Space entered a <a href="https://sp-edge.com/updates/17792">long-term strategic partnership</a> with engineering and manufacturing company ILC Dover to accelerate the development of next-generation space infrastructure. The companies were to collaborate on expediting the deployment of LIFE modules, as well as developing space suits for extra and intra-vehicular activity. Sierra Space also partnered with Redwire in <a href="https://sp-edge.com/updates/21176">August 2023</a> for the development of a biotech experiment platform that would be installed on its LIFE inflatable module.In <a href="https://sp-edge.com/updates/20535">July 2023 </a>, Sierra Space secured a USD 22.6 million Air Force contract to advance the development of its VR35K-A engine for future launch vehicles. The contract will facilitate further work on the engine, including refining its flight-weight engine component design.In <a href="https://sp-edge.com/updates/31493">July 2024</a>, Sierra Space partnered MUFG Bank Ltd. and Tokio Marine &amp; Nichido Fire Insurance Co. Ltd, along with existing partners Oita Prefecture, Kanematsu Corporation, and Japan Airlines to explore the potential for a landing spaceport in Oita, Japan.

Sierra Space

<div>
 
 Founded by Richard Branson, Virgin Galactic constructs commercial spacecraft with the goal of providing space travelers with suborbital spaceflights. Virgin Galactic is the first commercial spaceline created for space travel. Its feather technology allows its spaceship to fold in half, with the wings moving upward, offering unobstructed views of space. Virgin Galactic's suborbital aircraft are launched from beneath VMS Eve mothership (previously known as White Knight Two), a carrier plane. Virgin Galactic's VSS Unity spacecraft made its first spaceflight in 2018. Founder Richard Branson and three other colleagues boarded a flight as passengers in July 2021.
 
 
 In February 2022, the startup opened ticket sales to the public. A trip that lasts around 90 minutes costs USD 450,000 and was slated to commence in Q1 2023. Up to six passengers and two pilots can go to suborbital space at a time in a flight. In 
 <a href="https://sp-edge.com/updates/16466">
 February 2023
 </a>
 , the VMS Eve mothership took to the skies for the first time after undergoing mechanical upgrades. Although the results were not disclosed, according to flight tracking data the test flight lasted over two and a half hours and reached an altitude of 12,650 meters. In 
 <a href="https://sp-edge.com/updates/18896">
 May 2023
 </a>
 , conducted its first suborbital launch after a nearly two-year hiatus with the Unity 25 mission. It carried a crew of six and two pilots to an altitude of 44,500 ft for 90 minutes. Following this, in 
 <a href="https://sp-edge.com/updates/19794">
 June 2023
 </a>
 , the company completed the maiden launch of its commercial spaceflight, VSS Unity. Named Galactic 01, the mission carried 13 research payloads and a three-member crew. The company expected to launch monthly commercial flights after the Galactic 02 mission which was slated for August 2023.
 
 
 In 
 <a href="https://sp-edge.com/updates/30285">
 June 2024
 </a>
 , Virgin Galactic launched its VSS Unity spacecraft with 6 crew members for its Galactic 07 mission, also marking its second launch mission in 2024.&nbsp;
 
 
 In 
 <a href="https://sp-edge.com/updates/31351">
 July 2024
 </a>
 , the company concluded the construction of its new manufacturing facility and hangar complex at the Mesa Gateway Airport. The new facility would begin assembling the Delta spaceships by 2025.&nbsp;
 
 
 Key customers and partnerships
 
 
 In April 2020, the company entered into a space act agreement with NASA relating to the development of high-speed point-to-point travel technologies and into a non-binding memorandum of understanding (MoU) with Rolls-Royce in August 2020 to join in designing and developing engine propulsion technology for high-speed commercial aircraft. In 
 <a href="https://sp-edge.com/updates/14264">
 November 2022
 </a>
 , the company partnered with space infrastructure developer Axiom Space, to conduct microgravity research and training missions.
 
 
 Virgin Galactic partnered with Axiom Space again in May 2024 to deliver the Axiom Mission 3 backup and a Turkish Space Agency (TUA) astronaut on a suborbital flight for microgravity research. 
 
</div>

Virgin Galactic

Arizona-based World View Enterprises designs and manufactures stratospheric balloons through which it takes high-resolution photos of Earth for scientific, government, and commercial organizations. Its World View Stratollite is a remotely operated stratospheric vehicle with new control capabilities that carries commercial, scientific, and government payloads to the near-space environment. It also utilizes the advantages of geostationary satellites, low-earth orbit satellites, and high-altitude drones to provide the optimum combination of resolution, precision, and long-term surveillance of vital targets.The startup announced its plans to enter the space tourism and exploration market in October 2021 with its rocketless spacecraft. The spacecraft, known as the World View Explorer, consists of a football ground sized zero-pressure helium balloon, which will ascend at 10–12 miles per hour, carrying passengers in a capsule beneath it in first-class luxury complete with a bathroom and Wi-Ffi. The vessel would glide passengers 100,000 feet into the stratosphere on a 6–12 hour journey (vs. Virgin Galactic's 90-minute flight time) and would cost USD 50,000 per passenger (vs. USD 450,000 for Virgin Galactic). Its competitive pricing is attributed to the use of a natural resource (helium) instead of jet fuel. The company planned to have space ports at iconic locations such as The Grand Canyon (US), Amazonia (Brazil), Aurora Borealis (Norway), Giza pyramids (Egypt), Serengeti (Kenya), Great wall of China, and Great Barrier Reef (Australia). The company planned to have 28 spacecraft (each can carry 8 passengers and 2 crew members) to fly four flights a day at each of the 7 sites. The first rides are scheduled for 2023 and the first passengers for 2024. Pre-sale tickets are available for purchase.Key customers and partnershipsIn <a href="https://sp-edge.com/updates/15704">January 2023</a>, World View entered a definitive business combination deal with special purpose acquisition company (SPAC) Leo Holdings as it geared up to go public with this transaction valuing the combined company at an estimated USD 350 million. However, later in 2023, it renounced its plans to go public by terminating the SPAC merger.&nbsp;The company’s key customers include NASA, NOAA, the US Department of Defense, the US Air Force, and Sierra Nevada Corporation.

World View Enterprises

Space Perspective is a luxury spaceflight experience company. Jane Poynter and Taber MacCallum, who were among the co-founders of World View Enterprises, founded the company when World View Enterprises diverted from its initial plan to offer similar stratospheric ballooning services and focused on Stratollites carrying payloads. Its Spaceship Neptune, which the company claims is the first carbon-neutral way to space, is a rocketless spacecraft which carries passengers in a capsule lifted by its 300-foot diameter SpaceBalloon.The Spaceship Neptune, designed to hold eight passengers and a pilot, will glide passengers to an altitude of over 100,000 feet on a six hour journey giving featuring facilities such plush seating, 360-degree panoramic windows, WiFi access and other amenities. Tickets are priced at USD 125,000 per passenger (vs. USD 50,000 per passenger for World View Enterprise) and customers can also pay using crypto. Commercial flights are targeted to begin from late 2024 with the first year of seats completely reserved by October 2021. In June 2021, the company safely completed its first test flight from the Space Coast Spaceport. In December 2021, the startup selected Florida’s Space Coast Spaceport for its worldwide campus and manufacturing complex.In <a href="https://sp-edge.com/updates/32516">August 2024</a>, Space Perspective unveiled its 294 ft long Marine Spaceport (MS) Voyager, which would take tourists to space aboard its SpaceBalloons. The company reported that the MS Voyager was the first-ever spaceport for human spaceflight on open water. Following this, in <a href="https://sp-edge.com/updates/33781">September 2024</a>, it concluded its uncrewed test flight for the Spaceship Neptune-Excelsior from the Marine Spaceport (MS) Voyage, flying to an altitude of 100,000 ft.Key customers and partnershipIn <a href="https://sp-edge.com/updates/16038">January 2023</a>, Space Perspective entered a strategic partnership with global yacht brokerage company, Northrop and Johnson (N&amp;J) to allow select clients of N&amp;J exclusive access to space travel aboard Spaceship Neptune. In October 2023, Space Perspective partnered with Mercedes-Maybach to receive transportation for its customers to and from their spaceflights and to improve customers’ experience.

Space Perspective

Companies that facilitate space habitats capable of supporting humans in orbit for longer durations

Companies that facilitate space exploration, which includes planetary exploration robots and transportation cargo to the moon, Mars, and beyond

Companies engaging in tracking and  removing space debris and providing in-orbit services for satellites such as refueling, repairs, and orbital maneuvers in order to extend the life of space objects and reduce collision risk

Companies that extract resources and materials from asteroids and other planets and the moon

Robotics are offered by space debris management, space mining, and space exploration companies

A large number of companies use autonomous robots in the production process

Companies such as Relativity Space are using 3D printing to drive down production costs

PROMINENT_CATEGORY

<div>
 Spanish private space firm, PLD Space, has unveiled its plans for MIURA Next, a family of large reusable launchers, and LINCE, Europe's first private manned capsule. The company has also shared updates on the MIURA 5 launch system program, scheduled to launch from French Guiana in the second half of 2025.
 The MIURA Next range includes three versions: MIURA Next, MIURA Next Heavy, and MIURA Next Super Heavy. The biggest version, the MIURA Next Super Heavy, will be capable of delivering payloads up to 50 tons into orbit and could potentially ferry cargo to the Moon and Mars. The 8m3 LINCE capsule is meant to transport people to space and safely return them to Earth.
 PLD Space plans to commence testing on the LINCE capsule in 2025, with the first unmanned test flight slated for 2028. It aims to achieve the first orbital flight by 2030. Furthermore, the company plans to enhance its production capacity, with a goal to produce as many as six MIURA 5 launchers and 60 TEPREL-C engines per year by 2025 at its new facility in Elx.
 
</div>

PLD Space

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