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Pablo Sanmiguel is Senior Vice President, Sales and Customers at PLD Space.
Germany also committed €4.2 million to Maiaspace, €1.8 million to Orbex, and €100,000 to PLD Space.
Member states pledged €902.2 million as part of the European Launcher Challenge (ELC) to fund five launch companies: Germany's Isar Aerospace, Rocket Factory Augsburg (RFA), France's Maiaspace, Spain's PLD Space, and the UK's Orbex.
France pledged €179 million to Maiaspace, and Spain pledged €169 million to PLD Space, supporting their local competitors.
Qualification Model 1 marks a significant step toward MIURA 5's maiden flight in 2026 and confirms PLD Space's role in Europe's access to space.
The rapid schedule positions PLD Space as a leader in orbital launcher development speed and quality standards in Europe.
PLD Space intends to manufacture three complete MIURA 5 units in five months.
Spain is investing 169 million euros specifically in PLD Space for its Miura 5 rocket to be part of the future generation of European launchers.
Testing continues at PLD Space's Teruel facility, covering propulsion, tank and interstage structure, avionics, and fairing retention mechanisms.
PLD Space will be the first private firm to operate from the historic ELM-Diamant area within the European spaceport, managed by CNES.
Diana Morant, the president of the Spanish Space Agency (AEE) and Minister of Science, confirmed Spain's investment in PLD Space.
Germany allocated €100,000 to PLD Space for Miura in Component A.
Spain assigned €36.77 million to PLD Space for Miura in Component A and €132.23 million in Component B.
Spain contributed €169 million to the European Launcher Challenge, specifically for PLD Space and its MIURA 5 rocket.
ESA shortlisted Isar Aerospace, Rocket Factory Augsburg, PLD Space, MaiaSpace, and Orbex in July 2025 for the next phase of the initiative.
PLD Space has received support from the Spanish government for the Miura 1, which is the first suborbital rocket, and is now developing the Miura 5 through a public procurement funded by the Recovery, Transformation and Resilience Plan.
Spain is set to invest 169 million euros in the Miura 5 launcher being developed by PLD Space as part of the European Launcher Challenge (ELC) initiated by the ESA.
ESA shortlisted Isar Aerospace, Rocket Factory Augsburg, PLD Space, MaiaSpace, and Orbex for the next phase of the European Launcher Challenge.
Spain will support the commercialization of the Miura 5 launcher by PLD Space with an investment of 169 million euros through the European Launcher Challenge of the ESA.
PLD Space has reached the final of the European Launcher Challenge alongside four other European companies.