TUPPER LAKE, NY — Spanish small-launch vehicle startup PLD Space secured 31.2 million euros ($33.9 million) in a syndicated loan from Spain’s Recovery and Resilience Facility, PERTE, with funding from Banco Santander and Banco EBN guaranteed by Spain’s export-credit agency, CESCE.
PLD will use the funding, which had been expected, to pursue development of its Miura 5 rocket, destined to deliver payloads of 500-1,000 kilograms into low Earth orbit from Europe’s Guiana Space Center . . .
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