LA PLATA, Maryland — Japan’s Mitsubishi Electric Corp., worried that companies planning satellite constellations face a long-term shortage of launch capacity, is the lead investor in the 180-million-euro ($209 million) Series C equity round of Spain’s PLD Space, the two companies announced.
Mitsubishi said the investment gives it priority access to PLD’s Miura 5 small launch vehicle, scheduled to make its first orbital flight this year from a new installation at Europe’s Guiana Space Center made available by the French . . .
To view the entire article, become a subscriber!
