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PLD Space Outlines its Plans for €169M in ELC Funds
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PLD Space Outlines its Plans for €169M in ELC Funds
Spanish launcher PLD Space is poised to receive up to €169.1M in funds as part of the European Launcher Challenge. At ESA’s 2025 ministerial meeting last month, European contributing states were given the option to contribute to as many of the five challengers as they wished. The Spanish government committed to investing the entirety of its €169M ELC funds in the local launcher, while the German government committed the last €100,000. The Europ…
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