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Live News EQUITY ARTICLE M impact

PLD Space extends equity funding round with €108 million addition

PLD Space said it extended its equity funding round by €108 million ($125 million), taking the total to €288 million. Cumulative funding is now €488 million as it seeks to boost rocket-launch capacity.

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Aerospace engineering firm PLD Space said on Tuesday it had extended its equity funding round with an additional €108 million ($125 million), taking the round total to €288 million. The company said its cumulative funding is €488 million as it looks to expand its capacity to launch rockets into space. ($1 = 0.86…)