ARCAspace
1Romanian Cosmonautics and Aeronautics Association, also known as ARCAspace, is an aerospace company based in Râmnicu Vâlcea, Romania. It builds rockets, high-altitude balloons, and unmanned aerial vehicles. It was founded in 1999 as a non-governmental organization in Romania by the Romanian engineer and entrepreneur Dumitru Popescu and other rocket and aeronautics enthusiasts. Since then, ARCA has launched two stratospheric rockets and four large-scale stratospheric balloons including a cluster balloon. It was awarded two governmental contracts with the Romanian government and one contract with the European Space Agency. ARCASpace is currently developing a three-stage, semi-reusable steam-powered rocket called EcoRocket and in 2022 has shifted its business model to Asteroid mining.
Source: https://en.wikipedia.org/wiki/ARCAspace
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