PLD Space
Summary active Updated Sep 1, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Founders
About
PLD Space is a Spanish aerospace company headquartered in Elche that develops reusable small-satellite launch vehicles, most notably MIURA 5, a two-stage rocket intended for commercial satellite launches 123. The company is led by Executive President Ezequiel Sánchez 13.
On September 1, 2026, PLD Space announced a €108 million extension of its Series C round, once again led by Mitsubishi Electric Corporation 123. The extension brings the Series C total to €288 million and PLD Space’s aggregate funding to date to €488 million 12. Participants in the extension include Spanish public investment firm COFIDES (co-investing again after the initial Series C), Endeavor Catalyst (Endeavor’s global venture fund), and Spain Oman Private Equity Fund (SOPEF), managed by MCH Private Equity 123. The extension follows a €158.9 million award from the European Space Agency under the European Launcher Challenge 12.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-09-01 | Series C (extension) | €108M | Mitsubishi Electric | COFIDES, Endeavor Catalyst, SOPEF 123 |
| 2026-03 | Series C (initial) | €180M | Mitsubishi Electric | COFIDES 24 |
What Investors Say
No independently sourced investor quotes available at this time.
What Founders Say
Executive President Ezequiel Sánchez on the extension: the funding “accelerates our ability to commercialize MIURA 5, scale our production capacity, and secure financially sustainable, long-term commercial operations.” 3
Sources
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EU-Startups, “After securing €158.9 million ESA award, PLD Space adds €108 million to Series C, bringing round to €288 million,” September 1, 2026, accessed September 2026. https://www.eu-startups.com/2026/09/after-securing-e158-9-million-esa-award-pld-space-adds-e108-million-to-series-c-bringing-round-to-e288-million/↩↩↩↩↩↩↩
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AeroTime, “PLD Space raises €108 million in Series C extension,” September 2026, accessed September 2026. https://www.aerotime.aero/articles/spains-pld-space-raises-additional-e108-million-in-series-c-extension↩↩↩↩↩↩↩
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Yahoo Finance, “Spain’s PLD Space adds $125 million to its latest funding round,” September 2026, accessed September 2026. https://ca.finance.yahoo.com/news/spains-pld-space-adds-125-085341292.html↩↩↩↩↩↩
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European Spaceflight, “Spain’s PLD Space Raises €180 Million in Series C Funding,” March 2026, accessed September 2026. https://europeanspaceflight.com/spains-pld-space-raises-e180-million-in-series-c-funding/↩