PLD Space achieves its funding targets by bringing in investors such as SEPIDES and AXON and offers the opportunity to retail investors to cover a €4 million tranche through SEGO Finance.
The objective of the round is to advance with the plan to increase the industrial capacity and human capital of the company to advance in the design and development of the MIURA 5 orbital launcher. This action is part of the current bridge round of 25 million euros, in which more than 23M are already covered by institutional investors such as SEPIDES, AXON and INNVIERTE.
More information about the campaign: https://www.segofinance.com/venture/satelite
About PLD Space
PLD Space is a leading reference in the aerospace sector and the first to develop a private rocket in Europe. Headquartered in Elche (Alicante), PLD Space designs, develops, manufactures and operates reusable orbital launchers that send small satellites into space in the form of the suborbital MIURA 1 and the orbital MIURA 5.
PLD Space was founded in 2011 by Raúl Torres and Raúl Verdú with the aim of increasing European access to space. Currently, the company -which has obtained more than 65 million in funding to date- has a workforce of more than 150 professionals distributed in three centres located in Elche, Teruel and Huelva, with a total of more than 150,000 m2 of industrial facilities.