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PLD Space proposed offering services using the Miura 5 small launch vehicle and developing a family of larger reusable rockets called Miura Next.
PLD Space successfully launched its Miura 1 suborbital rocket in 2023.
PLD Space performed a suborbital test of its Miura 1 rocket in October 2023.
PLD Space had raised about €155 million to date, an amount PLD Space estimates is enough to fully fund development of Miura 5.
PLD Space estimates it will ultimately need to raise at least €700 million to develop Miura Next and the first version of Lince.
PLD Space obtained an €11 million loan from COFIDES to fund construction of launch facilities at the Guiana Space Center in Kourou, French Guiana.
PLD Space plans to develop a crewed spacecraft called Lince.
PLD Space plans to spend €16 million overall on a launch facility in French Guiana to be used for its Miura 5 small launch vehicle.
PLD Space plans to develop a line of medium- to heavy-lift launch vehicles called Miura Next.
The €11 million loan from COFIDES to PLD Space is equivalent to $11,600,000.
PLD Space has 15,765 square meters at the former Diamant site where it will build a launch pad, an integration facility, and a control center.
PLD Space uses reusability as a core business approach intended to reduce launch price and appeal to Department of Defense customers.
PLD Space is a Spain-based European rocket company developing the Miura rocket and operates a facility at Kourou in French Guiana.
PLD Space unveiled LINCE as the first private manned capsule developed in Europe.
PLD Space opened a 12,500 m² production facility in Elche (Alicante).
PLD Space will select satellites from around the globe for two MIURA 5 demonstration flights scheduled for the last quarter of 2025 and the first quarter of 2026.
PLD Space presented the MIURA 5 SPARK Programme to provide access to the first two MIURA 5 launches free of charge to educational centres, universities, institutions, and companies worldwide.
PLD Space will announce the final selection of candidates on 2024-11-30 and complete signing of launch service contracts by 2024-12-30.
PLD Space raised 120 million euros from investors and the Spanish government to develop its Miura family of rockets.
PLD Space plans a demonstration launch of the Miura 5 small launch vehicle in 2024, with commercial launches beginning in 2026.