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Aerospace, Maritime and Defense Tech Series C Founded 2011

PLD Space

PLD Space is an aerospace company that develops and manufactures reusable launch vehicles for small satellite payloads, providing cost-effective and reliable access to low Earth orbit. The company offers two-stage and three-stage launch vehicles designed to carry and deploy CubeSats and microsatellites into LEO, equipped with CubeSat racks in single and double compartment configurations. PLD Space's reusable rocket…

📍 Elche, Spain · Space Tech

Funding snapshot

Last roundSeries C
Amount$35M
Date7 April 2026
Total raised$348M
Team size489

About

PLD Space is an aerospace company that develops and manufactures reusable launch vehicles for small satellite payloads, providing cost-effective and reliable access to low Earth orbit. The company offers two-stage and three-stage launch vehicles designed to carry and deploy CubeSats and microsatellites into LEO, equipped with CubeSat racks in single and double compartment configurations. PLD Space's reusable rocket technology aims to reduce launch costs through vehicle recovery and reuse, addressing the growing demand for dedicated small satellite launch services from commercial, government, and academic customers. The company's launch vehicles are engineered for flexibility in payload integration and deployment, supporting the expanding small satellite ecosystem including Earth observation, communications, scientific research, and technology demonstration missions. PLD Space operates as a key player in the European launch vehicle market, contributing to sovereign launch capability and strategic space infrastructure independence. Founded in 2011 and headquartered in Elche, Spain, PLD Space has raised $348.0M in Series C funding from investors including EIC Fund, Arcano Partners, Aciturri, CDTI, ArcanoBlueBull, GMV, European Innovation Council, ENISA, Menorca Millennials, Europa, ESA, COFIDES, JME Venture Capital, Alzis Group, Mitsubishielectric, Nazca, European Investment Bank, Typewiser, Tokavi, Axon Partners Group, and Decelera V.

Business model

Space Tech > Launch Vehicles > Small Payload > Reusable

Institutional investors

EIC Fund Arcano Partners Aciturri CDTI ArcanoBlueBull GMV European Innovation Council ENISA Menorca Millennials Europa ESA COFIDES JME Venture Capital Alzis Group Mitsubishielectric

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