Breaking: PLD Space closes $209 million Series C

It marks the largest fundraising round for a European space firm this year

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03/04/2026 BREAKING NEWS PLD Space raises $209 million to shift into serial rocket production PLD Space has raised 180 million euros ($209 million) to ramp up production of the Spanish startup's Miura 5 launch vehicle, marking the largest funding round for a European space business announced this year. The Series C round was led by Japanese satellite maker Mitsubishi Electric, which has partnered to secure priority access to the rocket as part of plans to support missions for the Asian market.  —By Jason Rainbow Read Now Subscribe to SpaceNews This email has been sent to generalastronomy110.stnirp@blogger.com because you previously opted in to receive breaking news alerts from SpaceNews. Unsubscribe here. Sign up for other SpaceNews newsletters.  SpaceNews.com  |  Advertise with SpaceNews Contact us  |  Privacy policy  |  Terms and conditions SpaceNews.com  |  Advertise with SpaceNews  |  Contact us  |  Privacy policy  |  Terms and conditions © 2026, SpaceNews, 100 Fillmore Street, 5th Floor, Denver, CO 80206, United States