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001122334455554433221100

PLD Space Secures Funding for Miura 5 Launch Facility in French Guiana

PLD Space has secured an €11 million ($11.6 million) loan from COFIDES to develop its Miura 5 rocket launch facility at the Guiana Space Center in French Guiana. The company plans to invest a total of €16 million in the site, which will include a launch pad, integration facility, and control center, with the inaugural launch expected in late 2025. This funding is part of a broader strategy to enhance European space capabilities, as PLD Space aims to develop additional launch vehicles and a crewed spacecraft.
SpaceNews
Euro Cnes PLD Space COFIDES GUF ESP FRA Ezequiel Sánchez Raúl Torres Show more
Finance & Economy, Press Release
12:26 03.12.2024
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