Europe   Launch Vehicles & Space Transportation   Commercial Space Industry (New Space)  

PLD Space expands Series C to €288 million to industrialize MIURA 5

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Spain’s PLD Space has added €108 million ($125 million) to its latest equity funding round, bringing total Series C proceeds to €288 million. The launch startup says the financing will support industrialization of its MIURA 5 rocket as it moves toward commercial launch operations.

Discovered 2026-09-01T01:50:36.490012-07:00 | 2026-09-01T01:50:36.490012-07:00

Briefing

What Hype is tracking

  • The enlarged €288 million round gives PLD Space additional capital to industrialize MIURA 5, a key step from development toward commercial launch operations.
  • The financing underscores the growing capital requirements for European launch startups seeking to build competitive orbital launch capability.
  • PLD Space’s progress is relevant to launch-market competition and the expansion of Europe’s commercial space sector.

Reported By

SpaceWatch Africa newsable.asianetnews.com AeroTime Reuters techfundingnews.com
Sources Tracked
5
First Seen
2026-09-01T01:50:36.490012-07:00
Latest Update
2026-09-01T03:06:26.148718-07:00
Coverage
Space

Sources

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