Llama Firearms, officially known as Llama-Gabilondo y Cia SA, was a Spanish arms company founded in 1904 under the name Gabilondo and Urresti. Its headquarters were in Eibar in the Basque Country, Spain, but they also had workshops during different times in Elgoibar and Vitoria. Llama manufactured moderate-priced revolvers and self-chambering pistols in a bewildering variety of models. These were popular mainly in the European and Latin American export market, as well as domestically in Spain.
Gabilondo and Urresti was founded in 1904, but did not appear in the industrial census of Eibar until 1907 where it is listed as having four gunsmiths at work. In the period from 1908 to 1914, this doubled to eight. In 1912, the company was not among those Eibar manufacturers involved in legal action against Fabrique Nationale so it can be assumed that they had not yet begun to sell self-loading pistols based on Browning patents. Gabilondo and Urresti initially made copies of Nagant revolvers in 7.62mm Nagant and 8mm Lebel (these lacked the "gas seal" feature of the originals); as well as Colt New Service, and Vélodog-style revolvers under their own brand. The firm also produced parts for other companies.
The "Vélodog" revolvers are small pocket pistols intended for the protection of cyclists and hikers against savage dogs, typically firing five or six shots, and fitted with a short barrel and folding trigger. They were initially chambered in 5.5 mm Vélodog or .22 long rifle, but later examples are found in 6.35mm Browning/.25 ACP and 7.65mm Browning/.32 ACP calibres.
In 1913, the company manufactured the Radium, a small six-shot self-loading pistol in 6.35 mm/.25 ACP with a unique magazine design patented by Guillermo Echeverria and Valentin Vallejo. The magazine was fixed, and was reloaded by sliding one of the grip panels down to expose the mechanism. Rounds could then be inserted one by one until the magazine was fully loaded and the panel closed again. However ingenious, the pistol was difficult to make and not revived after the conclusion of the First World War.