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EconomicSpain·27 Aug 2026 · 2h ago

ESA signs European Launcher Challenge contract with PLD Space

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The European Space Agency (ESA) awarded a 158.9 million euro contract to the Spanish firm PLD Space as part of the European Launcher Challenge (ELC), a program initiated in 2023 to reduce European reliance on foreign launch providers. The funding supports the commercial development of the MIURA 5 rocket through 2030 and mandates technological upgrades for heavier payloads and propulsive landing capabilities. These advancements are designed to serve as a foundation for the future development of the heavy-lift MIURA Next launcher. Similar contracts were also awarded to Rocket Factory Augsburg and Isar Aerospace as part of a 900 million euro funding commitment to secure a diversified European launch ecosystem.

Consequences

PLD Space will accelerate its MIURA 5 development and launch rate, while simultaneously developing modular subsystems that will reduce technical risk for its future heavy launcher projects. By distributing funds among three commercial players, the ESA moves toward its objective of establishing a competitive, multi-operator European launch capacity by 2030.

Sources

Euronews
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