Spanish launch vehicle startup PLD Space has secured a loan to help fund development of the launch site of its Miura 5 rocket in French Guiana.

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Industry executives believe that pure-play launch companies need to diversify into other areas to survive in a demanding market that remains dominated by SpaceX.

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Spanish startup PLD Space, currently developing a small launch vehicle, has outlined plans to work on progressively larger, reusable rockets as well as a crewed spacecraft.

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Despite stiff competition from SpaceX rideshare services and some high-profile failures, ventures are still pursuing small launch vehicles that they argue can fill niches in the market.

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As Arianespace ramps up following Ariane 6’s July maiden flight from Europe’s spaceport in French Guiana, a Spanish venture is preparing to become the first non-institutional launcher to reach orbit from the base next year.

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Spanish company PLD Space has raised enough funding to embark on an expansion of production facilities for its small launch vehicle.

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A large launch vehicle could end up having a big effect on the small launch vehicle market through low prices and encouraging customers to build larger satellites.

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Small launch vehicle developers are working to carve out niches in a market for smallsat launches that is increasingly dominated by SpaceX’s Transporter rideshare missions.

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PLD Space has secured 40.5 million euros ($43.8 million) from the Spanish government after completing a preliminary design review of its Miura 5 launch vehicle.

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The European Space Agency and European Commission have selected five launch companies to participate in a new program to provide flight opportunities for new technologies, a sign of a greater role the European Union seeks to play in launch.

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European governments and launch companies hailed an agreement reached last week on the future of the continent’s launch industry despite questions about how one aspect of that agreement, a competition, will work.

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Spanish launch vehicle startup PLD Space declared their first suborbital launch a success, clearing the way for development of an orbital launch vehicle.

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Industry executives argue that SpaceX’s dominant position in the launch market is making it difficult for small launch vehicles to compete, as a prominent investor warns of a wave of bankruptcies among launch companies.

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Spanish company PLD Space launched its first suborbital rocket Oct. 6, with the company calling the flight a success despite reaching a lower altitude than planned.

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Spanish launch vehicle startup PLD Space has postponed a suborbital test flight to September after weather and a technical glitch scrubbed earlier launch attempts.

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Spanish launch startup PLD Space plans to conduct a suborbital launch before the end of the month to test technologies for its small orbital launch vehicle.

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Despite concerns about the viability of many new launch vehicle developers, many in the industry say those vehicles are needed as demand for launch outstrips supply.

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PLD Space, a Spanish company developing a small launch vehicle, says it is ready to proceed with the launch of a suborbital technology demonstrator after completing a static-fire test.

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Spanish launch startup PLD Space has debuted a fully assembled Miura 1 reusable suborbital rocket as a step towards its inaugural flight in 2022.

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Actors engaged in the emerging European commercial launch sector are looking to European commercial spaceports to be established rather than shipping rockets farther afield.

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Launch startup PLD Space of Spain raised 7 million euros ($8.2 million) this week from Madrid-based investment bankers Arcano Partners to continue development of its Miura family of partially reusable rockets.

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PLD Space has taken a step closer to qualifying its Teprel-B rocket engine that will power the company's suborbital Miura 1 rocket.

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