Unclassified // open-source data on European defence tech
Space & ISR sector
Elche, Spain

PLD Space

Spanish launch company developing the reusable Miura 5 orbital rocket for sovereign European access to space.

Italy at night, seen from the International Space Station. Photo: NASA, Public domain (PD-USGov-NASA-AP).

Latest round€180MSeries C, Mar 2026
Total raised>€350M>€350M

Round details

Series C, €180M, Mar 2026.

Why it matters

Spanish state funds (CDTI, COFIDES) invested; Miura 5 first orbital launch targeted 2026.

Key figures confirmed by multiple sourcesLast checked 21 October 2026

PLD Space: key questions

What does PLD Space do?

Spanish launch company developing the reusable Miura 5 orbital rocket for sovereign European access to space.

Where is PLD Space based?

PLD Space is headquartered in Elche, Spain. It was founded in 2011.

How much funding has PLD Space raised?

Total funding is >€350M, based on announced and reported rounds. Latest round: Series C, €180M, Mar 2026.

Who are PLD Space's investors?

Notable investors include Mitsubishi Electric, CDTI (INNVIERTE), Nazca Capital.

Sources

  1. spaceflightnow.com/2026/03/05/spanish-launch-startup-pld-space-raises-209-million-to-scale
  2. startups.one.gob.es/news/note/pld-space-raises-180m-series-c-with-mitsubishi-electric-ahea

Figures come from company announcements and press reports. Spot an error? Send a correction. Nothing here is investment advice.

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