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PLD Space boosts Kourou launch complex investment to €35m

▼ Summary

– PLD Space is investing €35 million into a launch complex at the Guiana Space Centre in Kourou.
– The Spanish company claims to be the first private operator to commit capital at this scale to the historic spaceport.
– The first MIURA 5 flight from the new complex is still planned for 2026.

PLD Space has ramped up its financial commitment to the Guiana Space Centre in Kourou, increasing its investment in the launch complex to €35 million. The Spanish launch company made the announcement official, highlighting that this marks the first time a private operator has deployed capital at this level for the historic spaceport in French Guiana.

Despite the expanded budget, the company remains on track for the first MIURA 5 flight, still scheduled for later this year. The additional funds will support infrastructure development and operational readiness at the site, which has long been dominated by government-backed launches from agencies like Arianespace and the European Space Agency.

By deepening its stake in Kourou, PLD Space is positioning itself as a serious contender in the growing private launch market in Europe. The move underscores a broader shift toward commercial space operations at a facility traditionally reserved for institutional missions. With the MIURA 5 debut approaching, the company is betting that its investment will pay off by securing a foothold in the competitive small satellite launch sector.

(Source: The Next Web)

Topics

space launch industry 95% pld space investment 92% guiana space centre 90% miura 5 rocket 88% private space investment 85% european space sector 82% launch complex construction 78% spaceport expansion 75% spanish space industry 72% orbital launch timeline 70%