PLD Space has a detailed plan to become the European rocket factory. And the pieces have started fitting

With Miura 1, PLD Space became the first private company in Europe to successfully launch a suborbital rocket. Since then, the Spanish company has stepped on the accelerator with a project in mind: launching Miura 5 in 2026. Today the first orbital rocket in Spain is not a project, but a tangible reality that is being assembled in Elche. PLD Space It has already manufactured All its components and prepares to start your engines for the first time. The Treprel-C roars in Teruel. A rocket is, in essence, an engine with a large fuel tank. Miura 5 will have five Treprel-C engines fed by turbobomba in its first stage, generating a combined thrust of 950 kN, 30 times more than Miura 1. The development of the most important component of the rocket advances to counterreloj. The company already tested in its test banks of Teruel’s airport combustion cameras, validating manufacturing technologies such as copper and nickel electrode. The turbobombs, the largest developed by a European startup, They were also tested with a complete ignition before its final integration into the engine. Elements such as gas generators and cryogenic valves were designed, manufactured and tested internally following the lessons learned during the development of MIURA 1. A process that has culminated with the start of the engine series manufacturing: there are already four engines of the Teprel-C family in production for the final qualification campaign. Aluminum plates have gained shape. Parallel to the development of engines, the construction of the rocket structure itself advances at a good pace. In a recent videoThe company details how its Elche factory has been working on the molding and the test of the metal structures (the fuel tanks) and of composite materials (the separation module between stages and the cofia that will protect the satellites of the customers). These components have already undergone all kinds: tests at room temperature, cryogenic, and with compression and flexion loads to ensure that the structure will support the brutal conditions of the launch. The idea is to refine the design with the results of the prototypes to maximize their performance. After validating the engineering models, PLD Space is now manufacturing the final qualification components, the step prior to the series production of Miura 5. The launch ramp is running. The company signed a development contract With the French Space Agency (CNES) to build its own launch complex in the European Space Port of Kouroou, in the French Guiana. The civil works will begin this summer in the same place where France launched its first rocket, the Elm-Diamant. The location is unbeatable: its proximity to Ecuador will allow optimizing the trajectories of Miura 5 and launching heavier loads with less fuel. But PLD Space does not conform and has also signed an agreement with Oman to build a Second launch base In the Etlaq Space Puerto. This movement will give direct access to the Mercado de Oriente. A plan to be the European rocket factory. At the same time that Miura 5 develops, PLD Space is raising an industrial complex to manufacture it in series. The company has designed a plan to climb its production to 32 units per year by 2030. This industrial effort is based on a supply chain of almost 400 partners, mostly Spanish and Europeans, which has invested 50 million euros Since the beginning of 2024. PLD Space has chained a series of crucial milestones that draw a very clear and ambitious roadmap, as European confidence demonstrates. Back of the European Space Agency. PLD Space is already officially one of the five companies preselected by ESA to guarantee sovereign access to space in Europe. The European Launcher Challenge has awarded contracts of up to 169 million euros to the five companies, among which are the French Maiaspace, the British Orbex and the Germans Isar Aerospace and Rocket Factory Augsburg. PLD Space has proposed to Miura 5 as its immediate operating pitcher already His future heavy and reusable rocket, the Miura Nextlike the next step. The ESA final decision will be taken in November 2025, but the pre -selection already positions the Spanish company as a key actor and an industrial leader in the European launch sector. Image | PLD Space In Xataka | 12 years after making fun of Spacex and his idea of landing rockets, Arianegroup is creating a European mini-falcon 9

The US is throwing blows to China. Many of them are fitting the European chips giant ASML

ASML It is going well, but it could go much better. This Dutch company is the most important photolithography equipment manufacturer on the planet. And it is because it is the only one that can offer its customers the machines of extreme ultraviolet lithography (UVE) that are necessary to MANUFACTE INTEGRATED VANGUARD CIRCUITS. Even so, during the last three years this company is constantly undergoing all types of fluctuations. In fact, in the last hours his actions They have dropped to 7.1% Due to the threat that the very likely US tariffs represent the importation of foreign lithography equipment. And also to the uncertainty that looms over the growth of ASML In full struggle between China and the USA. Christophe Fouquet, the general director of this company, has the obligation to defend the interests of his company. And currently the tension held by the US and China does not make it easy. The sanctions that They have deployed US and the Netherlands They prevent Asml selling Your most advanced lithography teams To its Chinese clients. And neither can some maintenance and after -sales services services provide. In 2022 the sales of this company in China amounted to 2.9 billion euros, which represented 13.8% of its annual sales. At that time Taiwan was a more important market for Asml than China. However, in 2024 the country led by Xi Jinping was consolidated as The largest market for ASML with total sales of 10.2 billion euros. Asml’s rebellion Christophe Fouquet has removed the growth forecast that he and the board of directors of this company had set by 2026. This movement has contributed, as I mentioned a few lines above, to the fall of ASML’s actions. Anyway, it is understandable that this executive has taken this path: “We continue to observe a growing uncertainty promoted by macroeconomic and geopolitical events,” He has declared Fouquet In a statement. “Although we continue to prepare to grow in 2026, we cannot confirm it yet.” The evolution experienced by the actions of this company supports its prudence. In fact, 33% have fallen during the last year. This behavior is anomalous in a company that not only leads the market of photolithography equipment; In addition, it is the only one that markets UVE machines. At the end of last March Christophe Fouquet declared that he was convinced that the US would continue to put pressure on his partners to even more harden the sanctions that seek to stop the development of the Chinese industry of the integrated circuits. “Although we continue to prepare to grow in 2026, we cannot confirm it yet” However, Fouquet’s statements did not end here. He also defended that Europe “should decide for itself what you want” and “should not be dictated by anyone else.” Otherwise, He warnedleading European companies in strategic technologies, among which are ASML, could consider moving outside the old continent. His tone reflected a certain degree of helplessness, but in practice his company would be very difficult to relocate out of Europe. Anyway one of the figures in which we have repaired a few lines above gives us a very accurate track about how A ASML is dealing with prohibitions from the US and endorsed by the Government of the Netherlands that They could greatly degrade your business. As we have seen, in 2024 China was consolidated as its largest market. This success is because Chinese manufacturers of integrated circuits have bought A ASML many suitable photolithography equipment to produce mature semiconductors. On the other hand, currently TSMC, Intel, Samsung, Globalfoundries, Micron Technology and Sk Hynix are well building new chip manufacturing plants, they are well expanding some of those they have in operation. In any case, they all have something in common: they are buying the UVE and UVP equipment of ASML. And, in addition, TSMC, Intel and Samsung presumably will acquire for the next three years a large number of UVE Machines of Haute Opening. It is evident that even in the complicated current situation It is difficult to lie to ASML. At the moment his business in China endures, and will continue to do it at least until the moment when Chinese manufacturers of lithography equipment have their own UVE machines. Image | ASML More information | SCMP In Xataka | Japan wants to recover leadership as a manufacturer of lithography equipment. And he has a plan to end the Asml monopoly

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