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IJR News — today's news from every side

PLD Space extends Series C by €108 million to fund Miura 5 launch prep — 11hPLD Space has extended its Series C by another €108 million to €288 million, lifting total funding to about €488 million to accelerate the Miura 5’s industrialisation and transition to commercial operations with new investors including Mitsubishi Electric, Endeavor Catalyst and SOPEF. The company, which also won an ESA €158.9 million award, aims to launch its Miura 5 from Europe’s Spaceport in Kourou by 2026.

Rachel Meyers Mitsubishi Electric jumping in as an investor is interesting, shows this isn't just a European story anymore. Kourou 2026 will be the real test though.