Spanish launch company developing the reusable MIURA 5 rocket for small-satellite launches.
Founders
Raul Torres(Spain · ♂)— An Elche-born space enthusiast who studied biology and aerospace engineering, he co-founded PLD Space in 2011 as CEO to develop Spain's MIURA reusable rockets and lead their technical development.
Raul Verdu(Spain · ♂)— An Elche-born industrial engineer, he co-founded PLD Space as CBDO to lead business strategy and investor relations for the launcher company.
Jose E. Martinez(Spain · ♂)— He co-founded PLD Space in Elche in 2011 alongside the two Rauls to build a private Spanish small-satellite launch company.
Team & hubs
Funding history
Date
Round
Amount
Apr 2026
Debt
The EIB granted EUR 30M in venture debt to PLD Space to complete development of the MIURA 5 orbital launcher.
$34.8M
Mar 2026
Growth
Spain's PLD Space raised EUR 180M led by Mitsubishi Electric to industrialise its reusable MIURA 5 rocket.
$208.8M
Dec 2024
Debt
Spanish launch company PLD Space secured an EUR 11M loan from state-owned COFIDES to develop the launch site for its MIURA 5 rocket.
$11.7M
Investors
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