PLD Space has achieved 120 million euros in funding to date

    Since its foundation, the company has obtained 78 million in funding, in addition to the 42 million awarded by the Plan for Recovery and Transformation (PERTE) for the Spanish space launcher.

    The funds will mainly be allocated to create the first Spanish factory producing space rockets in series, located in Elche (Spain), as well as to expand the team in the areas of production, supply chain and quality.

    Furthermore, the company will be multiplying by five its capacity to test integrated engines and launchers, thereby boasting the biggest private infrastructure in Europe for designing, manufacturing, testing and launching space rockets.

    PLD Space is continuing to work with the French Space Agency CNES to build the MIURA 5 launch base in French Guiana this year.

https://www.pldspace.com/en/news/corporate/pld-space-has-achieved-120-million-euros-in-funding-to-date