PLD Space has extended its Series C by another €108 million to €288 million, lifting total funding to about €488 million to accelerate the Miura 5’s industrialisation and transition to commercial operations with new investors including Mitsubishi Electric, Endeavor Catalyst and SOPEF. The company, which also won an ESA €158.9 million award, aims to launch its Miura 5 from Europe’s Spaceport in Kourou by 2026.

Business· Sep 1, 2026

Facts from Wikidata (CC0). Image by European Space Agency via Wikimedia Commons (Public domain).

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European Space Agency· Business · 7 sources · Sep 1, 2026Story

PLD Space extends Series C by €108 million to fund Miura 5 launch prep

Business· Sep 1, 2026

Facts from Wikidata (CC0). Image by European Space Agency via Wikimedia Commons (Public domain).

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About European Space Agency

The European Space Agency is a 23-member international organisation devoted to space exploration. It has its headquarters in Paris and a staff of around 3,000 people globally as of 2025. ESA was founded in 1975 in the context of European integration. Its 2026 annual budget was around €8.3 billion.

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Country: France
Headquarters: Paris
Inception: May 30, 1975
Website: https://esa.int

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