PLD Space, the international space transportation company, has extended its Series C funding round, originally launched in March 2026, with an additional €108 million investment, bringing the total round size to €288 million and aggregate funding to €488 million.
The new capital will support MIURA 5 industrialisation, production and test capacity, launch infrastructure and the transition toward commercial operations, reinforcing PLD Space as a leading player in delivering independent, resilient access to space.
The Series C extension is led once again by Mitsubishi Electric Corporation, reaffirming its position as a long-term industrial and strategic partner, and its commitment to advancing independent launch capabilities. The Spanish public funds management company COFIDES is co-investing again following its participation in the initial Series C, reinforcing PLD Space’s long-term institutional backing.
Other new investors include Endeavor Catalyst, Endeavor’s global venture capital fund, and Spain Oman Private Equity Fund (“SOPEF”) – investment vehicle managed by MCH Private Equity. Banco Santander acted as financial advisor and Deloitte provided legal counsel to PLD Space.
“This new milestone, which builds on the Series C round launched earlier this year, reinforces our capacity to execute PLD Space’s transition into a global commercial launch provider, while maintaining rigorous operational and financial discipline”, said Ezequiel Sánchez, PLD Space’s Executive President. “The backing of top-tier industrial, public, and financial investors confirms the strength of our growth strategy and accelerates our ability to commercialise MIURA 5, scale our production capacity, and secure financially sustainable, long-term commercial operations”.
About PLD Space
PLD Space is a global pioneering aerospace manufacturer and small satellite launch service provider, on a mission to unlock rapid, reliable, sustainable access to space for innovative space organizations, research institutes, commercial and institutional customers from all over the world. The company is vertically integrating the engineering, testing, manufacturing, and operations of its reusable and sustainable rockets. Headquartered in Elche (Spain) and founded in 2011 by Raúl Torres and Raúl Verdú, PLD Space has established itself as a global benchmark in the small satellite launch sector. Its family of MIURA launchers and LINCE crewed capsule position the company as a leader in European technological sovereignty for space transportation, covering the full spectrum of space missions.
With a team of more than 500 employees, PLD Space operates over 188,000 m² of facilities in Elche, Teruel (Spain), Kourou (French Guiana), and Duqm (Oman), enabling the company to provide comprehensive satellite and payload launch services into space.