
PLD Space unveils the advanced industrialization plan for MIURA 5 and MIURA Next to its network of strategic partners
The company is executing this industrial flagship program with an investment of €50 million between 2024 and the first half of 2025, currently supported by an ecosystem of 397 key suppliers
PLD Space has provided its collaborators with details on its integrated industrial model, the transition to serial production of MIURA 5, the initial development phases of MIURA Next, and the new infrastructure that will underpin its ambitious technological roadmap
Elche (Spain). PLD Space, an international space services company with vertical integrated engineering and manufacturing, hosted the MIURA 5 Industry Days at its headquarters, a strategic event that brought together over 100 representatives from its supply chain across Spain and abroad. The goal: to share the advanced industrialization plan for MIURA 5 and MIURA Next, which will consolidate PLD Space's position as a European leader in access to space.
During the event, PLD Space strengthened collaboration with its strategic national and international value chain, committed to the success of the MIURA program. 'The key to our business is providing reliable and scalable launch services with a clear market focus. To achieve this, we are forging strong, long-term alliances with our network of industrial partners' said Ezequiel Sánchez, Executive President of PLD Space.
PLD Space detailed its manufacturing model based on a vertically integrated approach unique in Europe. The company designs, manufactures, tests, and operates all key subsystems of its launch vehicles internally within its own industrial, testing, and launch facilities. This industrial model enables PLD Space to ensure maximum technological reliability, control costs and timelines, and minimize risks in a highly competitive market.
This strategy positions the MIURA program as a driving force for industry in Spain and Europe, as evidenced by its preselection by ESA for the European Launcher Challenge (ELC) last week. This strategic initiative, with funding of up to €169 million per company, represents a national opportunity to establish a Spanish leader energizing the launcher sector, supported by an integrated value chain currently comprising 397 key partners, predominantly located in Spain and Europe.
A robust supply chain to lead satellite launches into space
To meet the milestones of its roadmap, PLD Space is working to consolidate its global supplier network. Between 2024 and the first half of 2025, total investment in the MIURA 5 supply chain reached €50 million. "We are building relationships with our ecosystem of partners based on operational excellence and delivery at a competitive level in terms of timeframes and cost—unprecedented in Europe—without compromising the reliability of our rockets," Sánchez emphasised.
From pre-series manufacturing to the goal of 32 MIURA 5 launchers per year by 2030
During the event, the company explained to its network of partners the transition to the serial production phase of MIURA 5. Following the success of the MIURA 1 demonstrator, which positioned PLD Space as the first private European company to launch a rocket into space on its first attempt, the company is advancing the development of the initial units of MIURA 5, set to fly from the European Spaceport CSG in Kourou (French Guiana), owned by CNES, starting in 2026.
PLD Space's industrialization plan outlines a progression to reach 32 annual units of MIURA 5 by 2030. The company will go through an intermediate phase of semi-serial manufacturing of this vehicle before scaling up to full-scale production, scheduled for 2027.
In parallel, it will begin manufacturing the first units of its MIURA Next launcher, capable of placing up to 13 tons into orbit. "Launch cadence and reliability are the keys to leadership. To ensure this, we have designed MIURA Next based on MIURA 5 technologies, following the same strategy as between MIURA 1 and MIURA 5. This way, our methods for producing engines, structures, or avionics are applicable to any launcher in our MIURA family, allowing us to scale and maintain production cadence at a fraction of the cost of current operators," highlighted Raúl Verdú, Co-Founder and Chief Business Development Officer of PLD Space.
Additionally, to realize this vision, PLD Space plans to expand its manufacturing, testing, and launch infrastructure to support the serial production of MIURA 5, initiate production of MIURA Next, and develop the LINCE crewed capsule.
About PLD Space
PLD Space is an international company dedicated to transporting satellites and people into space, vertically integrating the engineering, testing, manufacturing, and operations of its reusable and sustainable rockets. Headquartered in Elche (Spain) and founded in 2011 by Raúl Torres and Raúl Verdú, PLD Space has established itself as a global benchmark in the small satellite launch sector. Its family of MIURA launchers and LINCE crewed capsule position the company as a leader in European technological sovereignty for space transportation, covering the full spectrum of space missions.
With a team of more than 350 employees, PLD Space operates over 188,000 m² of facilities in Elche, Teruel (Spain), Kourou (French Guiana), and Duqm (Oman), enabling it to provide comprehensive satellite and payload launch services into space.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
7 hours ago
- Zawya
Gold drops as dollar firms, trade deal hopes sap safe-haven demand
Gold prices slipped on Friday, weighed down by a stronger U.S. dollar and signs of progress in U.S.-EU trade negotiations that dented safe-haven demand. Spot gold fell 0.7% at $3,343.69 per ounce by 9:31 a.m. ET (1331 GMT). U.S. gold futures fell 0.8% to $3,345.20. The U.S. dollar index rebounded from a more-than-two-week low, making bullion more expensive for overseas buyers, while benchmark 10-year U.S. Treasury yields rose. "The Japan deal was significant, and there's hope for a U.S.-EU agreement before the August 1 deadline. That's sapping safe-haven demand as elevated risk appetite drives capital toward risk assets," said Peter Grant, vice president and senior metals strategist at Zaner Metals. Following this week's U.S.-Japan trade deal, the European Commission said a trade deal with the U.S. is within reach, even as EU members approved counter-tariffs on U.S. goods in case talks fail. On the data front, U.S. jobless claims fell to a three-month low, signaling a stable labor market despite sluggish hiring. Stable labor market data is expected to give the Federal Reserve cover to hold rates steady at 4.25%-4.50% at its meeting next week, even as inflation shows signs of picking up due to U.S. President Donald Trump's import tariffs. Trump's surprise visit to the central bank marked a fresh attempt to pressure Chair Jerome Powell, with the President again urging a deep rate cut. Gold may attract some "buying interest probably at $3,300 level, but perhaps not breaking out to new all-time highs until after the Fed decision," Grant said, adding that the meeting could signal rate cuts later this year. Gold typically performs well during periods of uncertainty and in low-interest-rate environments. Spot silver fell 0.4% to $38.91 per ounce, but was still on track for a weekly gain of about 2%. Platinum was 1.6% lower at $1,385.20, while palladium rose 0.2% at $1,229.94.


Zawya
8 hours ago
- Zawya
Meta to halt political advertising in EU from October, blames EU rules
Meta Platforms will end political, electoral, social issue advertising on its platform in the European Union in early October because of the legal uncertainties due to EU rules targeting political advertising, the U.S. social media company said on Friday. Meta's announcement echoed Alphabet unit Google's decision announced last November, underscoring Big Tech's pushback against EU rules aimed at reining in their power and making sure that they are more accountable and transparent. The European Union legislation, called the Transparency and Targeting of Political Advertising (TTPA) regulation and which will apply from Oct. 10, was triggered by concerns about disinformation and foreign interference in elections across the 27-country bloc. The EU law requires Big Tech companies to clearly label political advertising on their platforms, who paid for it and how much as well as which elections are being targeted or risk fines up to 6% of their annual turnover. "From early October 2025, we will no longer allow political, electoral and social issue ads on our platforms in the EU," Meta said in a blog post. "This is a difficult decision - one we've taken in response to the EU's incoming Transparency and Targeting of Political Advertising (TTPA) regulation, which introduces significant operational challenges and legal uncertainties," it said. Meta said TTPA obligations create what it said is an untenable level of complexity and legal uncertainty for advertisers and platforms operating in the EU. It said the EU rules will ultimately hurt Europeans. "We believe that personalised ads are critical to a wide range of advertisers, including those engaged on campaigns to inform voters about important social issues that shape public discourse," Meta said. "Regulations, like the TTPA, significantly undermine our ability to offer these services, not only impacting effectiveness of advertisers' outreach but also the ability of voters to access comprehensive information," the company added.


Zawya
9 hours ago
- Zawya
Record-high stocks tremble as big week for market risk looms
Investors cashed out of record-high global stocks on Friday and the dollar headed for its first weekly drop in four, as markets trembled ahead of next week's U.S. jobs data, Federal Reserve and Bank of Japan meetings and Donald Trump's tariff deadlines. MSCI's global equity index was 0.3% lower after hitting an all-time peak on Thursday, after Japan's Topix index ended the day 0.9% lower, having also hit a record high a day earlier. Futures trading signalled Wall Street's Nasdaq Composite would flatline later in the day, with sentiment still buoyed by Google parent Alphabet's robust earnings that propelled the tech-heavy index to its latest peak on Thursday. Investors said they did not expect the markets' glass-half-full approach to trade war risks to last if jobs growth and earnings slow but the U.S. Federal Reserve also douses expectations that it will rush to the rescue by easing monetary policy. With the Fed's next rate decision on July 29 as Chair Jerome Powell comes under pressure from Trump to quit, August 1 brings the latest batch of monthly U.S. jobs data and the deadline for U.S. trade deals with Europe and other countries. "We've come to this sort of real, sort of pinch point of high risk, of things going in either direction, and markets have just breezed through it so far," Premier Miton CIO Neil Birrell said. "I'm genuinely struggling to work out why the bond markets seem relatively complacent and why equity markets have kept going up," he said, especially with disruption caused by trade uncertainty now showing up in companies' earnings. TECH, CENTRAL BANKS The dollar index, was heading for a 0.6% weekly drop, in the latest sign that U.S. policy and debt risk meant it was no longer viewed by investors as a haven asset when stock markets turn lower. "We know that the dollar tends to depreciate when there is a proper risk-on wave,' Amundi Investment Institute cross-asset strategist Federico Cesarini said. 'But the other side of the correlation, risk-off (and) dollar up, is not with us anymore.' Tech titans Amazon, Apple, Meta and Microsoft may all issue tariff-related updates with next week's earnings reports, just as parts of the tech sector have shown signs of revenues turning hard to forecast because of stockpiling and trade anxiety. Chipmaker Intel's shares dropped 5% in pre-market trade on Friday as it forecast steeper quarterly losses than expected and said it had halted or scrapped new factory projects in the U.S. and Europe. Money markets are only pricing about 42 basis points (bps) of Fed easing this year, setting next week's monthly non-farm payrolls report up as a major risk event if hiring has slowed and rate cut expectations have not risen. Trump has kept up pressure on Powell to cut rates after a rare presidential visit to the central bank on Thursday, although he said he did not intend to fire the head of the central bank, as he has frequently suggested he would. U.S. 10-year Treasury yields were steady at 4.41% while two-year yields, which track monetary policy bets, were also flat at 3.925%. The Bank of Japan has its own policy announcement on Thursday, and Prime Minister Ishiba's Liberal Democratic Party holds a meeting on the same day. That's after the European Central Bank held rates steady on Thursday and was viewed by traders as likely to pause further cuts until the end of the year. The euro was steady against the dollar on Friday at $1.178 , although German government debt sold off, with the yield on benchmark 10-year Bunds up 4 basis points (bps) at 2.726%. Elsewhere in markets, gold eased 0.8% to around $3,339 an ounce. Brent crude futures gained 0.4% to $69.65 a barrel. (Reporting by Kevin Buckland; Editing by Lincoln Feast, Sam Holmes and Saad Sayeed)