PLD Space announces its upcoming plans
Capitalism in space: Having received in late January a $43.5 million grant, bringing its total funding to more than $120 million, the Spanish rocket startup PLD Space today announced its upcoming plans.
[T]he company intends to inaugurate the first serial space rocket factory in Spain in mid-2024. The facilities will also enable vertical integration of the launchers. The industrial site, whose building work is already underway, will house the factory for the first MIURA 5 units [the company’s orbital rocket] as well as the company’s head offices. In total, PLD Space will be able to count on 18,400 square metres of industrial facilities in Elche (Alicante).
…Also scheduled for 2024, construction work is to begin on the launch base at the European CSG spaceport in Kourou (French Guiana), which belongs to CNES [France’s space agency]. This site, covering over 15,700 square metres, will host MIURA 5’s first launches.
That France is now leasing launch facilities to private companies illustrates starkly how Europe is steadily abandoning Arianespace, the European Space Agency’s government-run commercial company. Instead, Europe is now choosing competition and private enterprise as its model. Expect these new companies, including PLD, to achieve big things in the coming years.
Capitalism in space: Having received in late January a $43.5 million grant, bringing its total funding to more than $120 million, the Spanish rocket startup PLD Space today announced its upcoming plans.
[T]he company intends to inaugurate the first serial space rocket factory in Spain in mid-2024. The facilities will also enable vertical integration of the launchers. The industrial site, whose building work is already underway, will house the factory for the first MIURA 5 units [the company’s orbital rocket] as well as the company’s head offices. In total, PLD Space will be able to count on 18,400 square metres of industrial facilities in Elche (Alicante).
…Also scheduled for 2024, construction work is to begin on the launch base at the European CSG spaceport in Kourou (French Guiana), which belongs to CNES [France’s space agency]. This site, covering over 15,700 square metres, will host MIURA 5’s first launches.
That France is now leasing launch facilities to private companies illustrates starkly how Europe is steadily abandoning Arianespace, the European Space Agency’s government-run commercial company. Instead, Europe is now choosing competition and private enterprise as its model. Expect these new companies, including PLD, to achieve big things in the coming years.