PLD Space

Elche, Valencian Community, Spain · Space · Launch / Launch services · Growth · pldspace.com

PLD Space develops the Miura 5 small-satellite launcher and future Miura Next vehicles, with launch sites in French Guiana and Oman, to provide orbital launch services.

Positioning

PLD Space is a Spanish launch company (Elche, founded 2011) whose Miura 1 was the first private European rocket launched (2023) and whose Miura 5 (1,040kg to LEO, ocean-recovery reuse) targets an inaugural flight before end-2026 from its own EUR 35M complex at Kourou. It raised >EUR 350M total, including a EUR 180M Series C led by Mitsubishi Electric (also a strategic customer), Spanish state funds, a EUR 158.9M ESA Launch Challenge award (August 2026), and EIB debt, giving it the strongest capital and customer stack of the pre-orbital European cohort. It is pre-orbital-revenue.

Latest signals

  • PLD Space delayed the first orbital launch of its MIURA 5 rocket beyond 2026.Space24
  • PLD Space is manufacturing three Miura-5 rockets for qualification and flight operations.Raumfahrer.net
  • PLD Space is manufacturing three Miura-5 launch vehicles ahead of a planned 2027 debut launch.Raumfahrer.net
  • PLD Space began system-level testing of the Miura 5 rocket.NASASpaceflight
  • PLD Space began system-level testing of the MIURA 5 orbital launcher.Satellite Evolution

112 signals name PLD Space. Members see all of them, filtered by topic, source and date.

Facts, with sources

  • More than €900 million subscribed at the ESA ministerial conference for launch services and upgraded vehiclesFunding round · SpaceNews
  • Unveiled the reusable Miura 9 launcherProduct launch · NASASpaceflight
  • Raised to scale launch capabilities and complete Miura 5 developmentTotal funding · Tech.eu
  • Raised in H1 2026 to scale industrial and launch capabilitiesTotal funding · Tech.eu

71 facts on file. Members see all of them with the source link.

Scores, Space (of 10)

Deployment7
Production4
Commercials6
Progress10
Technology6
Positioning6
Firepower8
Leverage6

Traction: deployment, production, commercials, progress. Capability: technology, positioning, firepower, leverage.

Questions this page answers

What does PLD Space do?

PLD Space develops the Miura 5 small-satellite launcher and future Miura Next vehicles, with launch sites in French Guiana and Oman, to provide orbital launch services. PLD Space is a Spanish launch company (Elche, founded 2011) whose Miura 1 was the first private European rocket launched (2023) and whose Miura 5 (1,040kg to LEO, ocean-recovery reuse) targets an inaugural flight before end-2026 from its own EUR 35M complex at Kourou. It raised >EUR 350M total, including a EUR 180M Series C led by Mitsubishi Electric (also a strategic customer), Spanish state fund

Where does PLD Space rank in space?

PLD Space ranks 80 of 100 on the Space 100 (November 2026 edition) with a score of 67 out of 100, in Launch services (Launch). Assessment by Frontier Tech Intelligence.

Where is PLD Space based and when was it founded?

PLD Space is based in Elche, Valencian Community, Spain. Stage: Growth.

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