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 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.
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Traction: deployment, production, commercials, progress. Capability: technology, positioning, firepower, leverage.
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
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.
PLD Space is based in Elche, Valencian Community, Spain. Stage: Growth.
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