The Spanish launch firm says it is the first private operator to commit capital at this scale to the historic Guiana spaceport, with a first MIURA 5 flight still slated for 2026.
PLD Space is putting €35m into the launch complex it is building at the Guiana Space Centre in Kourou, the Spanish company announced on Monday at the Choose France event in Versailles.
The figure covers development and deployment of the site over the 2025 to 2026 period, and the company says it makes PLD Space the first private operator to commit capital expenditure at this scale to the ELM-Diamant site at Europe’s historic spaceport.
Most of the money stays in France. Of the €35m total, €22m is being spent within the French industrial ecosystem, with €13m allocated directly to more than 20 companies based in French Guiana, including, the company says, a significant number of small and medium-sized firms.
Applying official INSEE multipliers for the territory’s space sector, PLD Space expects the investment to generate roughly €21m in local value added and to sustain between 250 and 275 indirect and induced jobs during the construction phase, alongside a projected 35 direct jobs tied to future recurring launch operations.The 💜 of EU techThe latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!
