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PLD Space, dba of Payload Aerospace, is an Elche, Spain company building the MIURA 1 and MIURA 5 rockets.
Based in Elche, Spain, and founded in 2011, Payload Aerospace, S.A., dba PLD Space, runs facilities for research and development of space vehicles in Elche, Teruel and Inta, with a team in the US. Its MIURA 1 suborbital vehicle carries up to 100 kg in four payload compartments, and MIURA 5 is a reusable orbital launcher in development. Raul Torres and Raul Verdu cofounded the company. In August 2026 it raised EUR 108 million in Series C funding from Mitsubishi Electric, Center for Technological & Industrial Development, Cofides, Endeavor Catalyst and MCH Private Equity.
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