{"id":1672,"date":"2026-04-08T11:42:47","date_gmt":"2026-04-08T11:42:47","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/european-investment-bank-provides-e30-m-loan-to-pld-space-for-miura-5-rocket-development\/"},"modified":"2026-04-08T11:42:47","modified_gmt":"2026-04-08T11:42:47","slug":"european-investment-bank-provides-e30-m-loan-to-pld-space-for-miura-5-rocket-development","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/european-investment-bank-provides-e30-m-loan-to-pld-space-for-miura-5-rocket-development\/","title":{"rendered":"European Investment Bank Provides \u20ac30 M Loan to PLD Space for MIURA 5 Rocket Development"},"content":{"rendered":"

\"European<\/p>\n

The European Investment Bank (EIB) has signed a \u20ac30 million venture debt loan with PLD Space, an international space transportation company headquartered in Elche, Spain, to support the final development stage of MIURA 5, the company\u2019s rocket designed to deploy small satellites into orbit. The operation represents the EIB\u2019s first direct investment in small launchers for transporting satellites into space. The financing will also support the scaling of PLD Space\u2019s industrial and launch capabilities to transition toward commercial operations.  <\/p>\n

\u201cI am proud to announce today the signing of a \u20ac30 million European Investment Bank loan for the European company based in Spain, PLD Space, to succeed in the launch of MIURA 5 rocket and to deploy small satellites into orbit, which will be key for communications, research and our security,\u201d said EIB Group President Nadia Calvi\u00f1o.<\/strong><\/em><\/p>\n

The project contributes to the EIB\u2019s goals of boosting investments in European Union technological innovation and strengthening Europe\u2019s security and defence capabilities through enhanced European independence in the field of space. <\/p>\n

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Also Read: What is Space Propulsion System?<\/h4>\n<\/div>\n

\u201cEurope needs strong, independent launch capabilities to secure its autonomous access to space,\u201d said EIB VicePresident Robert de Groot<\/strong>. \u201cWith its innovative rocket technology and infrastructure,<\/em> PLD Space <\/em>is taking important steps in this direction. The <\/em>EIB<\/em> is proud to support PLD Space in scaling its launch services to reach globally competitive price levels, strengthening Europe\u2019s autonomy in this critical segment.\u201d <\/em><\/p>\n

Positioned in the small-lift launch vehicle segment, MIURA 5 is a two-stage rocket designed to reduce the complexity and scheduling risks associated with launching small satellites using medium- or heavy-lift launch vehicles. From a climate perspective, MIURA 5 will undergo developments to become fully reusable, offering a more sustainable solution for transporting small satellites into space. The rocket is on track for its first test flight in 2026, and it is expected to provide a highly flexible service, carrying out up to 30 missions per year from multiple spaceports, including the Guiana Space Centre – in French Guiana, also known as the European spaceport. <\/p>\n

\u201cSecuring this unique \u20ac30 million financing from the <\/em>European Investment Bank <\/em>marks a decisive milestone for <\/em>PLD Space<\/em> and for Europe\u2019s space industry. It strengthens our ability to expand the industrial and launch infrastructure required to provide dependable access to space for our global pipeline of commercial and institutional customers. We are grateful to the EIB for its trust and support; this backing reinforces our long-term vision and further consolidates Europe\u2019s access to space,\u201d stated PLD Space\u2019s Executive President, Ezequiel S\u00e1nchez. <\/strong><\/em><\/p>\n

\u201cWith this new financing, PLD Space has now secured \u20ac210 million so far in 2026, following the \u20ac180 million Series C closed in March. Driven by European and international institutional and strategic backing, <\/em>PLD Space<\/em> continues to advance its roadmap and consolidate its position among the select group of private companies worldwide developing complete launch systems to enable reliable global access to space,\u201d added Ezequiel S\u00e1nchez.  <\/strong><\/em><\/p>\n

\u201cToday, we take an important step forward in Europe\u2019s position in the global launch market with this \u20ac30 million investment in <\/em>PLD Space<\/em>\u2019s <\/em>MIURA 5<\/em>. This is one step among many in a broader effort to support a dynamic new ecosystem of European access to space companies \u2014 combining strong public backing with a stable, forward-looking environment in which innovative industries can grow, scale, and invest with confidence,\u201d said Commissioner for Defence and Space Andrius Kubilius<\/strong>. \u201cAs space becomes increasingly strategic, access is no longer a luxury \u2014 it is essential to our security, our economy, and our future. That is why the European Union is committed to ensuring independent and reliable access to space. By backing innovative European companies, we are building a strong, competitive, and resilient launch industry \u2014 and securing Europe\u2019s place as a global space power,\u201d added Kubilius.<\/strong> <\/em><\/p>\n

The PLD Space financing adds to the EIB\u2019s diversified New Space portfolio of investments, which includes venture loans to European space challengers, active across the value chain from ground stations and satellite manufacturing to Earth observation, communications, orbital logistics, data analytics and propulsion. This complementary portfolio has been strategically sourced by the EIB to support the EU\u2019s goal of strengthening strategic autonomy in space. In addition, through initiatives such as Space TechEU and advisory support delivered with the European Commission, ESA, and the European Innovation Council, the EIB Group combines financing and expertise to foster innovation and accelerate the development of Europe\u2019s space sector. <\/p>\n

The PLD Space financing agreement makes a strong contribution to the eight core priorities set out in the EIB Group 2024-2027 Strategic Roadmap. In particular, the project supports the Group\u2019s cross-cutting initiatives of climate action and strengthening Europe\u2019s security and defence industry. It also contributes to the TechEU initiative, the EIB Group’s programme to accelerate EU innovation, which aims to mobilise \u20ac250 billion in investments by 2027 for startups, scale-ups, and innovative companies across Europe. This EIB loan is guaranteed by InvestEU, the flagship EU programme to mobilise public and private sector investment to support EU policy goals. <\/p>\n","protected":false},"excerpt":{"rendered":"

The European Investment Bank (EIB) has signed a \u20ac30 million venture debt loan with PLD Space, an international space transportation company headquartered in Elche, Spain, to support the final development stage of MIURA 5, the company\u2019s rocket designed to deploy small satellites into orbit. The operation represents the EIB\u2019s first direct investment in small launchers for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[26,25,20],"class_list":["post-1672","post","type-post","status-publish","format-standard","hentry","category-news","tag-ground","tag-launch","tag-satellite"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/1672"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=1672"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/1672\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=1672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=1672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=1672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}