Spanish company PLD Space plans to launch its first private suborbital reusable rocket before the end of this month, it said on Thursday, with a view to eventually entering the market for putting small satellites in space.
The microlauncher "Miura 1" - named after a renowned breed of Spanish fighting bulls - is being prepared for launch from a military facility in Huelva in southern Spain.
"Every second the rocket is in the air is learning and data for the development of Miura 5. After 12 years, PLD Space will be the first private micro-launcher company to reach this historic milestone in the European space race," Ezequiel Sanchez, PLD's executive president, said in a press release. Several European startups are racing to get a commercial satellite launcher ready to compete with those of private U.S. companies, after Virgin OrbitPLD Space has been given the green light from the National Institute for Aerospace Technology to carry out a flight test by May 31, after completing an initial "hot test", it said.
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