LA PLATA, Maryland — The European Investment Bank (EIB), continuing to create good on a pledge to European governments to increase its support for startup space ventures, signed a venture-debt commitment of 30 million euros ($34.6 million) with startup launch provider PLD Space of Spain.
PLD, which concluded a 180-million-euro Series C financing round in March, declared it will apply the EIB funds to bring its Miura 5 rocket into final development. The vehicle is scheduled to create its inaugural orbital flight this year from Europe . . .
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