LA PLATA, Maryland -- Spain's PLD Space launcher startup has closed its Series C equity round of 180 million euros ($209 million) with Japan's Mitsubishi Electric Corp. as lead investor. PLD is now fully financed well beyond its expected first launch later this year.
Raúl Verdú, PLD's co-founder and chief business development officer, discussed the company's road to its inaugural flight and Mitsubishi's place at PLD's capitalization table in a March 4 interview with Space Intel Report.
Mitsubishi has taken a majority stake . . .
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