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The Launcher
Company

Who
are we?

We are a pioneering Spanish company in the aerospace sector and a reference within Europe in the development of reusable rockets, with a recognized prestige in the sector and a solid project that has become a reality through its MIURA family of launch vehicles and its manned capsule LINCE.

PLD Space was founded by Raúl Torres and Raúl Verdú in Elche (Alicante), and now has more than 250 employees

Since 2012, we have received the support of many high-level space industry companies, and we have currently received more than 155 million dollars in funding.

Key
Figures

+ 250

Employees

+ 100.000

Horsepower per engine

+ 1000 L

Kerosene

150.000 sqm

facilities

3

work centers

+ 1.000.000

hours of engineering

PLD Space:
evolution

  • PLD Space unveils MIURA 1 test flight rocket at its launch base in Huelva

    2023

    The Spanish company PLD Space has unveiled the MIURA 1 rocket at its launch base in Huelva. This milestone kicks off the test flight campaign of the suborbital micro-launcher, which will take place at the facilities of the El Arenosillo Experimentation Center (CEDEA) of the National Institute for Aerospace Technology (INTA), belonging to the Spanish Ministry of Defense. After completing the preparation works and the corresponding tests, the company will conduct its first test flight during one of several launch windows available between April and May. 

     

  • MIURA 1 Full Mission Test

    2022

    In September 2022, PLD Space successfully completed the first qualification campaign of its suborbital rocket, MIURA 1. The company is once again making history by performing a full mission test of an integrated microlauncher for the first time in Europe.

  • Series B investment closed

    2021

    In December 2021, PLD Space closed a Series B investment round of 25 million euros. The transaction -led by Arcano Partners, Aciturri and CDTI- brought the total capital raised by the company to more than 45 million euros.  

  • TEPREL-B engine first qualification

    2021

    In May 2021, PLD Space completed the qualification of its TEPREL-B engine. This is the first liquid-fueled rocket engine qualified for spaceflight in Spain's history and the first liquid kerosene-oxygen-based rocket engine in Europe.

  • MIURA 1 test lift

    2021

    In November 2021, PLD Space successfully completed the test lift of the first unit of its suborbital rocket, MIURA 1, at its technical facilities in Teruel.

     

  • PLD Space and HISPASAT

    2020

    Agreement to collaborate in the compatibility analysis of small satellites on board MIURA 5 rocket 

  • PLD Space

    2020

    Successful full rocket engine test for MIURA 1 mission

  • PLD space, CDTI and CNES agreement

    2019

    Agreement to study launch MIURA 5 from the European space port French Guiana.

  • Drop recovery test

    2019

    Recovery drop test, carried out with the demonstrator of the first stage of the MIURA 5, successfully achieved.

  • Drop test in Arizona

    2019

    Drop test to check the parachutes in Arizona along with Airborne Systems North America.

  • ESA Contract Termination

    2018

    In November the results were presented at the Small Satellites Launchers Congress at ESA (Study of small satellite launchers for ESA) Headquarters in Paris

  • PLD Space and RUAG

    2018

    Sign a commercial agreement to develop structures for MIURA 1 and MIURA 5.

  • PLD Space and ZARM

    2018

    Sign a Launch Agreement for the first test flight of the MIURA 1 launch vehicle.

  • PLD Space and Airborne Systems North America

    2018

    Sign two contracts to develop PLD Space launcher recovery systems.

  • PLD Space and Telespazio VEGA

    2018

    Sign MoU to provide suborbital flight opportunities from Europe on-board the MIURA 1.

  • SERIE A

    2018

    ACITURRI AND JME Venture Capital join GMV and Alzis as investment partners of PLD Space, reaching € 17M.

  • AEE

    2016

    First contract with the European Space Agency.

  • Partner and investor

    2016

    In December, the Series A1 financing round concludes and GMV joins PLD Space as a technology and investment partner.

  • Liquid rocket engine

    2015

    In June, PLD Space became the first European private company to develop a reusable liquid rocket engine for small & reusable launchers focused on the small satellite market.

  • Facilities

    2015

    In February 2015 PLD Space completes the construction of the first first private rocket test facilities in Europe, located at Teruel Airport, which include the first private rocket engine bank in Europe.

  • First round of investment

    2013

    In June, PLD Space closed its 1-million-Euro seed round with the participation of a group of more than 20 private investors and the support of CDTI, Caixa Capital Risc and IVF.

  • Founded

    2011

    The company was founded by Raúl Torres and Raúl Verdú.

  • PLD Space successfully completes first private space rocket launch in Europe

    History

    Huelva, 7 October 2023. The Spanish company PLD Space has made history after successfully completing the launch of the first private European rocket, MIURA 1. The maiden flight of its suborbital launcher showcases the advanced level of technology and know-how that has been developed by the company since 2011. This milestone achievement furthermore reinforces PLD Space's leading position in the global space race, while building national and European strategic capabilities.

     

News

December 2, 2024
Corporate
PLD Space secures an €11 million loan from COFIDES to accelerate the development of the MIURA 5 launch site
November 19, 2024
Miura 5
PLD Space Selects Deimos to Co-Lead the Development of GNC System for MIURA 5
October 25, 2024
Corporate
PLD Space, one of the 10 Spanish companies selected by the 'Scaling Club' of the European Innovation Council (EIC)

Financing has been received from Corporación Bética de Expansión Empresarial FCR, co-financed by the European Union through the European Regional Development Fund, FEDER, for the realization of the project "Launches of MIURA 1 at INTA and I+D+i developments in Andalusia" with the aim of promoting technological development, innovation and quality research.

MIURA 1 launches at INTA and I+D+I development in Andalusia

Promote research, technological development and innovation

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