PLD
PLD Space
🇪🇸SpainEuropean Launch
Founded 2011•Elche, Spain•CEO: Raul Torres
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Valuation
~$200M
Current Status
Miura 1 completed a successful suborbital flight in October 2023, becoming the first Spanish rocket and one of the first European commercial launch vehicles to fly. Developing Miura 5 orbital rocket to serve the European small satellite launch market.
Future Outlook
Miura 5 orbital rocket will position PLD Space as a European orbital launch provider. Spain's growing space sector and EU investment in sovereign launch capabilities provide strong support. Suborbital success with Miura 1 de-risks the development path for Miura 5.
Key Products
Miura 1 — suborbital rocket (first successful Spanish rocket launch Oct 2023)Miura 5 — orbital launch vehicle (in development)
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Recent Milestones
Miura 1 successful suborbital launch — first Spanish rocket
Oct 2023
Miura 5 orbital vehicle in development
2024-2025