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Podzept from Deutsche Bank Research
Making Sense of Space – Spanish Rockets
Dec 11, 2023
Rocket launch market expert Jose Manuel Rodriguez from PLD Space discusses the shortage of rocket companies in Europe and the need for new players. They also talk about changing dynamics and the future of launch companies in Europe, along with the challenges of scaling operations within the space industry.
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Quick takeaways
- PLD Space is addressing the capacity crisis in Europe's space industry by developing small rockets and providing faster and more reliable rocket deliveries.
- PLD Space differentiates itself by focusing on customer needs, providing a premium service, and developing reusable rockets for long-term sustainability in the industry.
Deep dives
PLD Space: Increasing Europe's Access to Space
PLD Space, a Spanish company founded in 2012, aims to increase Europe's capacity to access space. Initially focusing on designing and manufacturing the first rocket engine in Europe, PLD Space has now grown to a team of 150 people. They recently had a successful launch of their rocket, Mira 1, and are developing the Mira 5 rocket for future launches. The company also plans to develop its own spaceport and is actively addressing the capacity crisis in Europe's space industry.
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