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PLD Space has grown to more than 400 employees.
PLD Space is aiming for a first launch of Miura 5 in 2026 and is developing a larger family of vehicles called Miura Next.
PLD Space launched its Miura 1 suborbital rocket in October 2023 and reached a peak altitude of 46 kilometers on that flight.
PLD Space planned engine qualification for Miura 5 in the first quarter of 2026.
PLD Space is developing the Miura 5 orbital launch vehicle and had a qualification model on the factory floor at its facility in Elche, Spain for testing such as a wet dress rehearsal.
PLD Space has an agreement with the French space agency CNES to operate from a launch site in French Guiana that was formerly used by the Diamant rocket.
The European Space Agency preselected Rocket Factory Augsburg, Isar Aerospace, MaiaSpace, Orbex, and PLD Space as challengers for the European Launcher Challenge in July.
The reusable Miura 1 (suborbital) and Miura 5 (orbital) launchers from the Spanish company PLD Space symbolize Spain's focus on autonomous and sustainable access to space.
PLD Space is progressing towards the inaugural flight of its Miura 5 rocket, expected in 2026 from the Guiana Space Centre.
PLD Space's engineers will begin work on the Miura Next heavy-lift reusable rocket after the first launch of Miura 5.
PLD Space's production facility has the capacity to produce around six launch vehicles per year.
PLD Space is in the final stages of building its launch facility at the European Spaceport in Guiana Space Centre in Kourou, French Guiana.
PLD Space is set to receive up to €169.1 million in funds as part of the European Launcher Challenge.
The Spanish government committed to investing €169 million in PLD Space as part of the European Launcher Challenge.
PLD Space demonstrated its Miura 1 suborbital rocket in 2023 while simultaneously developing Miura 5.
PLD Space plans to hold its first Miura 5 launch before mid-year 2026.
PLD Space is preparing approximately 12 launch proposals each week.
PLD Space expects to launch four commercial flights in 2027.
The funds from the European Launcher Challenge for PLD Space will primarily be allocated towards capacity upgrades.
PLD Space plans to expand its production capacity to produce up to 30 launch vehicles annually.