PLD Space Announces Expansion Plans Amid Funding Support

PLD Space has announced that it has attained 120 million euros in funding to date, thus ensuring it can meet …
PLD Space Announces Expansion Plans Amid Funding Support

PLD Space has announced that it has attained 120 million euros in funding to date, thus ensuring it can meet its upcoming technological and corporate milestones, culminating in the launch of the MIURA 5 mission at the end of 2025. The Company has received 78 million euros in investment from shareholders who have invested in its technological program and business model. In addition to this sum, there are 42 million euros from the PERTE backed by the Government of Spain for a Spanish space launcher (1.5M€ in July 2023 and 40.5M€ at the end of January 2024).

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