PLD Space - About the company
PLD Space is a series C company based in Elche (Spain), founded in 2011 by Raul Verdu and Raul Torres. It operates as a Provider of reusable launch vehicles for small payloads. PLD Space has raised $473M in funding from investors like Aciturri, Arcano Partners and Mitsubishielectric. The company has 178 active competitors, including 55 funded and 11 that have exited. Its top competitors include companies like SpaceX, Skyroot and Astra.
Company Details
Provider of reusable launch vehicles for small payloads. It provides usersd with a company that offers a two-stage launch vehicle and a three-stage launch vehicle for small satellites and cube sats. These can carry and deploy cubes and microsatellites in LEO. The launchers are also provided with a CubeSat rack, single compartment, and double compartment.
- Website
- pldspace.com
Key Metrics
Founded Year
2011
Location
Elche, Spain
Stage
Series C
Total Funding
$473M in 24 rounds
Latest Funding Round
Ranked
10th among 178 active competitors
Employee Count
521 as on Sep 30, 2026
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PLD Space's funding and investors
PLD Space has raised a total funding of $473M over 24 rounds. Its first funding round was on 2013. Its latest funding round was a Series C round on Sep 01, 2026 for $*****. 4 investors participated in its latest round. PLD Space has 24 institutional investors.
Here is the list of recent funding rounds of PLD Space:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 01, 2026 | 5754991 | Series C | 5062765 | 1986381 | 6742250 | 8671825 |
Aug 27, 2026 | 2631273 | Grant (prize money) | 8200134 | 2604309 | 6960001 | |
Apr 07, 2026 | 5543846 | Venture Debt | 3898514 | 3166791 | 8576620 |
View details of PLD Space's funding rounds and investors
PLD Space's founders and board of directors
Founder? Claim ProfileThe founders of PLD Space are Raul Verdu and Raul Torres.
Here are the details of PLD Space's key team members:
- Raul Verdu: Co-Founder & Chief Business Development Officer of PLD Space. Contact Info: 1 email address
- Raul Torres: Co-Founder & CEO of PLD Space. Contact Info: 1 email address
View details of PLD Space's Founder profiles and Board Members
PLD Space's employee count trend
PLD Space has 521 employees as of Sep 26. Here is PLD Space's employee count trend over the years:
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PLD Space's Competitors and alternates
Top competitors of PLD Space include SpaceX, Skyroot and Astra. Here is the list of Top 10 competitors of PLD Space, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SpaceX 2002, Hawthorne (United States), Public | Provider of advanced aerospace and space transportation services | $11.9B | 81/100 | |
2nd | Manufacturer of orbital launch vehicles for small satellite deployment missions | $145M | 73/100 | ||
3rd | Astra 2016, Alameda (United States), Series B | Provider of launch services and electric propulsion systems for spacecraft | $137M | 70/100 | |
4th | Rocket Lab 2006, Long Beach (United States), Public | Provider of launch services, spacecraft design, manufacturing, satellite components, and software | $288M | 69/100 | |
5th | Firefly Aerospace 2014, Cedar Park (United States), Public | Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles | $589M | 68/100 | |
6th | Manufacturer of orbital launch vehicles for micro and nano satellites | $75.5M | 67/100 | ||
7th | Relativity Space 2015, Inglewood (United States), Series E | Provider of AI-powered 3D printed launch vehicles for small payloads | $1.34B | 65/100 | |
8th | The Exploration 2021, Planegg (Germany), Series B | Developer of reusable space vehicles for cargo transport to space stations | $210M | 63/100 | |
9th | Developer of reusable medium-lift launch vehicles and related propulsion systems | $28.3M | 61/100 | ||
10th | Provider of reusable launch vehicles for small payloads | $473M | 63/100 |
Looking for more details on PLD Space's competitors? Click here to see the top ones
PLD Space's Investments and acquisitions
PLD Space has made no investments or acquisitions yet.
Reports related to PLD Space
Here is the latest report on PLD Space's sector:
News related to PLD Space
Media has covered PLD Space for a total of 27 events in the last 1 year, 7 of them have been about company updates and 2 about people movement.
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Open Cosmos Expands in Greece with New Investments and Plans for Daily Satellite ProductionNew Money•Oct 09, 2026•Open Cosmos, iPRONICS, HappyRobot, PLD Space and 1 other
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PLD Space Secures Additional €108M for Series C Funding, Totaling €288MSatNews•Sep 01, 2026•PLD Space, COFIDES, Mitsubishielectric, European Investment Bank
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PLD Space Secures €158.9 Million ESA Award for Space Launcher DevelopmentEU-Startups•Aug 27, 2026•PLD Space, Mitsubishielectric, ESA
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PLD Space increases investment in Guiana Launch Complex to 35 million eurosExpansion•Jun 01, 2026•PLD Space
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PLD Space Secures €180M Series C to Accelerate Global Access to SpaceSpaceWatch•Apr 09, 2026•Mitsubishielectric, PLD Space
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EIB finances PLD Space's Miura 5 rocket with 30 millionExpansion•Apr 07, 2026•PLD Space, European Investment Bank
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COFIDES invests €50M in PLD Space to accelerate access to space with MIURA 5Webcapitalriesgo•Mar 05, 2026•COFIDES, PLD Space, GrodiTech, Basquevolt and 7 others
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PLD Space lands €180M to orbit Europe’s next rocket generationTech Funding News•Mar 04, 2026•PLD Space, Mitsubishielectric, Nazca, COFIDES
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Mitsubishi Electric Invests in Spanish Service Provider PLD SpaceWebwire•Mar 04, 2026•Mitsubishielectric, ID&E Holdings, MUFG, Kokusai Kogyo and 2 others
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