CDTI Joins JME Venture Capital and ALZIS in Investing in PLD Space

Artist’s impression of the MIURA 5 orbital rocket in space. (Credit: PDL Space)
  • PLD Space has to date obtained over 28 million [$34.3 million] euros of private investment and institutional support, mainly in Spain
  • PLD Space is preparing to launch MIURA 1 towards the end of 2022

ELCHE, Spain, 17 December 2020 (PLD Space PR) — The Ministry of Science and Innovation’s CDTI agency has acquired a stake in PLD Space through its Innvierte programme. This initial tranche of 450,000 euros [$551,880] in a bridge financing round could subsequently be supplemented by further economic contributions up to a maximum of 15 million euros [$18.4 million] if so requested by the those investing in the forthcoming Series B.

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