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 launch vehicles: the MIURA 1 suborbital and MIURA 5 orbital rockets, which will place Spain among the few countries with the capacity to successfully send small satellites to space.
PLD Space was founded by Raúl Torres and Raúl Verdú in Elche (Alicante), and now has more than 115 employees.
Since 2012, we have received the support of many high-level space industry companies, and we have currently received more than 50 million dollars in funding.
Horsepower per engine
hours of engineering
Microgravity offers a new development arena for tech-base companies and research centers.
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.
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.
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.
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.
Agreement to collaborate in the compatibility analysis of small satellites on board MIURA 5 rocket
Successful full rocket engine test for MIURA 1 mission
Agreement to study launch MIURA 5 from the European space port French Guiana.
Recovery drop test, carried out with the demonstrator of the first stage of the MIURA 5, successfully achieved.
Drop test to check the parachutes in Arizona along with Airborne Systems North America.
In November the results were presented at the Small Satellites Launchers Congress at ESA (Study of small satellite launchers for ESA) Headquarters in Paris
Sign a commercial agreement to develop structures for MIURA 1 and MIURA 5.
Sign a Launch Agreement for the first test flight of the MIURA 1 launch vehicle.
Sign two contracts to develop PLD Space launcher recovery systems.
Sign MoU to provide suborbital flight opportunities from Europe on-board the MIURA 1.
ACITURRI AND JME Venture Capital join GMV and Alzis as investment partners of PLD Space, reaching € 17M.
First contract with the European Space Agency.
In December, the Series A1 financing round concludes and GMV joins PLD Space as a technology and investment partner.
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.
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.
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.
The company was founded by Raúl Torres and Raúl Verdú.