PAYLOAD AEROSPACE, S.L. announced that it has received ?180 million in a round of funding led by new investor, Mitsubishi Electric Corporation for ?50 million on March 4, 2026. The transaction included participation from new investor, Fondo Nazca Aeroespacial y Defensa I FCR, a fund managed by Nazca Capital, SGEIC, S.A., The Spanish Ministry of Science, Innovation and Universities, INNVIERTE fund, FOCO investment fund, returning investors, CDTI, and Compañía Española de Financiación del Desarrollo, COFIDES, S.A, S.M.E. The company has issued convertible preferred stock.