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Spain’s PLD Space Adds $125 Million to Its Latest Funding Round

Summary by WTVB
Sept 1 (Reuters) - Aerospace engineering firm PLD Space said on Tuesday it had extended its equity funding ​round by €108 million ($125 million), bringing ‌the round's total to €288 million. The company's cumulative funding stands at €488 million, as i...

17 Articles

Center

The support of industrial, public and financial investors will allow this Spanish company to accelerate the production and commercialization of the rocket MIURA 5 Airtificial will manufacture the materials composed of the propellants of the new rocket 'Miura

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Lean Left

In less than a week, the ‘start-up’ of the space sector adds a new stretch of 108 million to its C Series led by Mitsubishi Electric and an ESA award of 158.9 million for the European Launcher Challenge

·Madrid, Spain
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PLD SPACE brings its C-Series to €288 million, with a new tranche of €108 million led by MITSUBISHI ELECTRIC. After 15 years of developing its launch technologies, the Spanish company is now financing its production capacity, test benches and launch infrastructures. With a combined €488 million and a contract of €488 million in financing, PLD Space now needs to switch from rocket to industry has appeared first on FW.MEDIA.

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El Pais broke the news in Madrid, Spain on Tuesday, September 1, 2026.
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