Life
PLD Space Receives €30 Million Loan from EIB for MIURA 5 Development
PLD Space has secured a €30 million ($35 million) loan from the European Investment Bank to support the final development phase of its MIURA 5 rocket.
editorial-staff
1 min read
Updated 2 days ago
Summary
On April 7, 2026, PLD Space finalized a €30 million loan agreement with the European Investment Bank (EIB). This funding is intended to aid in the completion of the MIURA 5 rocket's development.
The MIURA 5 is a lightweight rocket designed by PLD Space, which aims to enhance its capabilities in the aerospace sector.
This financial backing from the EIB marks a significant step for PLD Space as it progresses towards launching its innovative rocket.
Updates
- No subsequent updates recorded.