Economy & Trade
EIB Finances Space Satellite Launcher
The European Investment Bank (EIB) has signed a €30 million loan agreement with PLD Space, a Spanish space transportation company. The financing will support the completion of the MIURA 5 small satellite launcher, boosting Europe's independent access to space. This investment aims to foster innovation and competitiveness in the European space sector, allowing for increased capabilities in satellite deployment. The project expects to create high-skilled jobs in Spain.
EU invests in space launch capabilities, boosting jobs and strategic independence.