PLD Space has still not reached orbit as of October 2026. MIURA 1 flew in 2023; MIURA 5 is aimed at H1 2027. Series C €288m, ESA ELC €158.9m, and filed 2025 accounts show €0.65m sales against €89m capitalised development that was never impaired while launch dates rolled forward.
2026 update on Latitude: still no flight, Series B EUR 27 million, Oman Etlaq LoI for an experimental late-2027 inaugural that we treat as optimistic, and no ESA European Launcher Challenge shortlist.
RFA One has not flown as of October 2026. After the August 2024 stage loss and a cancelled summer 2026 SaxaVord window, ESA signed a EUR 186.9 million Launcher Challenge contract. KKR’s EUR 30 million convertible and filed headcount round out the update.
HyImpulse flew SR75-1 on 3 May 2024, secured a UK CAA operator licence for SaxaVord (Sep 2026), raised a Series A and a Series A Extension above EUR 50 million equity, and targets spring 2027 for the next Europe flight.
The European Space and Rocket Companies to watch out for in 2024 As we move into 2024, the landscape of
🔥 Our 2024 HyImpulse update: Riddle me this – Launching from Australia The Germans plan a rocket launch. They need
Our 2024 Update for PLD Space: The emperor has no clothes Company statements and balance sheets are a record of
PLD Space (Payload Aerospace, S.A.) is Spain’s MIURA launcher company. As of Oct 2026 it has not reached orbit: MIURA 1 flew suborbital in 2023; MIURA 5 is aimed at H1 2027. Series C €288m, ESA ELC €158.9m, and filed 2025 accounts show €0.65m sales, −€32.9m result and €89m capitalised development never impaired while commercial-launch dates rolled from 2023 to 2026.
Rocket Factory Augsburg builds RFA One. As of October 2026 it has not flown; ESA Launcher Challenge EUR 186.9 million; OHB reports 56.8% with a 65.1% At-Equity voting-rights note; filed average employees 249 in 2024.
The Space Hub Sutherland is a government project by the HIE, Highlands and Islands Enterprise, to develop a launch site in northern Scotland. It is one of two spaceports being developed in Scotland, the other one being SaxaVord Spaceport.
