European Sovereignty Monitor

Defence and space

PLD Space adds EUR 108 million to Series C round, total reaches EUR 288 million

Spanish rocket maker PLD Space added EUR 108 million to its Series C round, led again by Japan's Mitsubishi Electric with Spain's COFIDES co-investing, taking the round to EUR 288 million and total funding to EUR 488 million for its Miura 5 launcher.

Reported European Spaceflight, 1 September 2026

What it does not test. Does not establish that Miura 5 has flown, or that PLD Space's ownership remains under majority European control given Mitsubishi Electric's continued lead investor position.

How this item counts. No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0. Series C add-on funded (EUR288M); Japan-led investor stake leaves EU majority ownership unconfirmed. European Sovereignty Index

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