Spanish rocket startup PLD raises the budget for its launch facilities in French Guiana to €35 million

The French Guiana spaceport. The ELM-Diamant launch site
is labeled “B.” Click for full resolution image. (Note: The
Ariane-5 pad is now the Ariane-6 pad, and the now destroyed
Soyuz pad is now controlled by rocket startup MaiaSpace.)
The Spanish rocket startup PLD, preparing for the first orbital launch of its Miura-5 rocket before the end of this year, has significantly raised its investment in its leased launch facilities in France’s spaceport in French Guiana, from about €11 to €16 million to €35 million, with much of the planned construction aimed at shared facilities that other European rocket startups can use.
PLD Space, an international space transportation company, has announced a €35 million investment in the development and deployment of its Launch Complex at the Guiana Space Centre (CSG) in Kourou (French Guiana) over the 2025-2026 period. This investment positions PLD Space as the first private operator to deploy capital expenditure at this scale at the ELM-Diamant site, contributing to the diversification and strengthening of Europe’s historic spaceport.
Of the total investment, €22 million is being executed within the French industrial ecosystem, with €13 million directly allocated to more than 20 companies based in French Guiana, including a significant number of SMEs. This approach reinforces PLD Space’s commitment to embedding its industrial activity within the local territory and strengthening the regional space ecosystem beyond established players.
France, which owns French Guiana, decided in 2024 to refurbish the long-abandoned ELM-Diamant launch site as a common pad for the many small European rocket startups. It appears it has strong-armed PLD to pay for much of that joint infrastructure. “You want to launch first? Then pay for this work that others will use.” It is possible PLD will be able to recover this investment from those other companies, but its press release does not say so.
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