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The selection of PLD Space for the Flight Ticket Initiative was announced on 2024-01-23 during the European Space Conference in Brussels.
PLD Space has been selected by the European Space Agency and the European Commission as one of five companies in the Flight Ticket Initiative to launch institutional missions into space.
The European institutions recognize that with MIURA 5 PLD Space will offer a launch service suitable for the market from the end of 2025.
Isar Aerospace, Orbex, PLD Space, and Rocket Factory Augsburg are four startups selected for the European Flight Ticket Initiative that are working on small launch vehicles.
Ezequiel Sánchez is the executive president of PLD Space, which successfully launched its Miura 1 rocket in October.
PLD Space is working on the Miura 5 small launch vehicle, set for launches as soon as 2025.
PLD Space successfully launched its Miura 1 suborbital rocket on 2023-10-06 and is developing the Miura 5 small orbital launch vehicle.
PLD Space plans to begin MIURA 5 commercial launches in 2026.
PLD Space plans to double its workforce to 300 employees by 2024.
PLD Space’s analysis determined that the MIURA 1 mission achieved 100% of its main objectives.
PLD Space planned first MIURA 5 subsystem tests by the end of 2023.
PLD Space was unable to recover Miura 1 after it splashed down in the planned location in the Atlantic.
PLD Space developed Miura 1 for just under 30,000,000 EUR.
PLD Space plans the first Miura 5 launch from a new pad in French Guiana no earlier than the first quarter of 2026.
PLD Space is developing the Miura 5 small launch vehicle for dedicated missions that cannot be served by rideshare missions.
PLD Space developed MIURA 1 since 2011.
Over 90% of the PLD Space team is currently dedicated to developing the MIURA 5 orbital launcher.
PLD Space plans to begin commercial operations for the MIURA 5 orbital launcher in 2026.
PLD Space completed the launch of the MIURA 1 suborbital rocket at 02:19 CET (00:19 UTC) on Saturday, 2023-10-07 from the El Arenosillo Experimentation Centre (CEDEA).
Over 90% of the PLD Space team is currently dedicated to developing the MIURA 5 orbital launcher.