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        PLD Space, a Spanish aerospace company, has secured an EUR 78 million (~USD 84 million) investment from its shareholders including Aciturri and Spain's Centre for the Development of Industrial Technology. Additionally, the company has received EUR 40.5 million (~USD 43.44 million) from Spain's PERTE Aerospace initiative.
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        The funding will be utilized to expand the company's production and testing facilities, which will reach 834,000 square meters by mid-2024. The funding will also support expanding its workforce by ~35 employees in 2024, aiming to reach a headcount of 300 by year's end.
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    <a href="https://spacenews.com/pld-space-raises-funding-to-expand-facilities-for-miura-5-rocket/">
      Space News
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Space Travel and Exploration Tech

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 <p>PLD Space, a Spanish aerospace firm, has received an investment worth EUR 78 million (~USD 84 million) from its shareholders, including Aciturri and Spain's Centre for the Development of Industrial Technology. It is also backed by an additional EUR 40.5 million (~USD 43.44 million) from Spain's PERTE Aerospace initiative.</p>
 <p>The funds will be used to grow the company's production and testing facilities, expected to span 834,000 square meters by 2024. It also plans to boost its workforce by around 35 members in 2024, targeting a total of 300 employees by the end of the year.</p>
 
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PLD Space raises EUR 78 million in institutional funding

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PLD Space, a Spanish company, has successfully launched its first suborbital rocket, named Miura 1, from a test site in Spain. The rocket is a technology demonstrator for the company's Miura 5 small launch vehicle, which is still being developed. Miura 1 reached a peak altitude of 46 km on its first flight and is intended to validate 70% of the design and technology planned for Miura 5. This successful launch has accelerated the technological advancement of Miura 5, bringing PLD Space closer to its goal of launching Miura 5 by 2025.

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PLD Space raises EUR 78 million in institutional funding

PLD Space launches first suborbital rocket