PLD Space extends Series C by €108 million to fund Miura 5 launch prep
PLD Space has extended its Series C by another €108 million to €288 million, lifting total funding to about €488 million to accelerate the Miura 5’s industrialisation and transition to commercial operations with new investors including Mitsubishi Electric, Endeavor Catalyst and SOPEF. The company, which also won an ESA €158.9 million award, aims to launch its Miura 5 from Europe’s Spaceport in Kourou by 2026.
Business · 7 sources · Sep 1, 2026Read itThe journal
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About PLD Space
Payload Aerospace S.L. is a Spanish company developing two partially-reusable launch vehicles called Miura 1 and Miura 5. Miura 1 is designed as a sounding rocket for sub-orbital flights to perform research or technology development in microgravity environment and/or in the upper atmosphere. Furthermore, Miura 1 is also serving as the technological demonstrator of the orbital launcher Miura 5. Miura 5 will provide orbital launch capabilities for small payloads such as CubeSats, that need a flexible and dedicated launch vehicle and therefore cannot fly with traditional launch vehicles. It is being designed to deliver a total payload mass up to 900 kg (2,000 lb) into low Earth orbit.
Everything about PLD Space →- Country
- Spain
- Headquarters
- Elche
- Inception
- 2011
- Website
- https://pldspace.com/es/, https://pldspace.com/en/