EIB €30m venture loan to PLD Space
Final development of the MIURA 5 launcher and scaling of industrial and launch capabilities
Key terms
- Borrower or issuer
- PLD Space
- Date
- 7 Apr 2026
- Type
- Government finance
- Amount
- €30m (US$35m)
Recorded terms
- Structure
- Venture debt loan; the EIB's first direct investment in small launchers
- Lenders and arrangers
- European Investment Bank
- Country
- Spain
Parties
- PLD Space borrower or issuer
- Public lenders and funders: European Investment Bank
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 23 Sep 2025 | EIB €37.5m venture loan to Aerospacelab | Government finance | €37.5m |
| 23 Dec 2024 | EIB €150m loans to SES (2024) | Government finance | €150m |
| 16 Dec 2024 | IRIS² concession contract (SpaceRISE) | Government finance | €10.6bn |
| 4 Dec 2024 | EIB €30m loan to Sateliot | Government finance | €30m |
| 13 Sep 2024 | Telesat Lightspeed government loans (Canada and Quebec) | Government finance | C$2.54bn |
Sources
- EIB finances with €30 million PLD Space's small satellite launcher MIURA 5 eib.org · 7 Apr 2026
About this record
Record ORB-2026-0009, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
Government and EU money comes as loans, guarantees or grants tied to a policy aim, with conditions on use of proceeds and reporting.
