What is PLD Space?
PLD Space is an international entity dedicated to the vertical integration of engineering, testing, manufacturing, and operations for reusable and sustainable launchers. Founded in 2011 by Raúl Torres and Raúl Verdú, the company is headquartered in Elche, Spain. It has emerged as a global reference in the small satellite launch market. The company's MIURA launcher family and LINCE crewed capsule are pivotal in advancing European technological sovereignty in space transportation, catering to a diverse range of space mission requirements.
How much funding has PLD Space raised?
PLD Space has raised a total of $282.8M across 5 funding rounds:
Angel/Seed
$1.1M
Series A
$10.2M
Series B
$28.3M
Series C
$208M
Debt
$35.2M
Angel/Seed (2013): $1.1M with participation from The CDTI and Valencia Institute of Finance
Series A (2018): $10.2M led by ALZIS, JME Ventures, GMV Innovative Solutions, and Aciturri Aeronáutica
Series B (2021): $28.3M supported by ArcanoBlueBull, Centre for the Development of Industrial Technology, Arcano Partners, and Aciturri Aeronáutica
Series C (2026): $208M featuring Nazcap - Nazca Capital and Mitsubishi Electric
Debt (2026): $35.2M backed by European Investment Bank
Key Investors in PLD Space
Arcano Partners
Arcano Partners is an international firm specializing in alternative asset management and advisory services, inspired by the Merchant Banking model. They lead in investment banking operations in Spain and Portugal, focusing on mergers, acquisitions, and restructurings. The company also excels in asset management, offering attractive investment opportunities with a high degree of diversification. Additionally, they provide strategic analysis and advisory services to over 300 clients, helping them make informed decisions in real-time.
Aciturri Aeronáutica
Aciturri is a skilled aerospace manufacturing company that handles every step of creating airplane parts. They work with major aircraft manufacturers to design, build, and deliver complete aircraft components. From small mechanical pieces to large structural sections, Aciturri makes sure each part meets strict quality standards for commercial and military aircraft.
European Investment Bank
Established in 1958 and headquartered in Luxembourg, European Investment Bank (EIB) is the European Union's nonprofit long-term lending and finance institution.
What's next for PLD Space?
The substantial enterprise-level funding and recent strategic investment indicate PLD Space is poised for significant scaling and operational expansion. This capital infusion is expected to accelerate the development and deployment of its MIURA launcher family and LINCE crewed capsule. The company's focus on reusable and sustainable technology aligns with future industry trends, suggesting a strategic push towards market leadership in European space transportation. Continued investment will likely support enhanced manufacturing capabilities, rigorous testing protocols, and expanded operational reach, solidifying its role in national and international space endeavors.
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