PLD Space Adds 125 Million for Rockets
Aerospace firm PLD Space has extended its equity funding round by 125 million dollars. Led by Mitsubishi Electric, the capital will support the MIURA 5 launcher.
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Spain's PLD Space secured €108 million ($125 million) in late August to expand its Series C funding round, bringing the total raise to €288 million. The capital injection accelerates development of the company's commercial rocket program following its historic private launch. Total cumulative funding for the aerospace firm reached €488 million.
