The
agreement will allow PLD Space to offer its customisable
services to Arianespace customers, it said in a statement.
PLD Space hopes to start commercial activity in 2025 and plans
to make a first suborbital test in the next days or weeks in
southern Spain, after calling off a launch at the end of May due
to high altitude winds.
It plans to gradually increase its capacity to 10 to 12 launches
per year by the end of this decade.
Plans to deploy thousands of internet-beaming satellites in the
next few years have spawned rocket companies targeting what some
analysts expect will be a $1 trillion market by 2030.
Europe's efforts to develop capabilities to send small
satellites into space are in focus after a failed orbital rocket
launch by Virgin Orbit from Britain in January.
"Collaboration with strategic partners such as Arianespace is
further proof of our commitment to increase Europe's commercial
space access capability at a time when it is most needed,"
Ezequiel Sanchez, PLD executive president, said in the
statement.
Arianespace, which launches satellites from French Guiana, is
majority owned by ArianeGroup, a joint venture between Airbus
and Safran.
(Reporting by Emma PinedoEditing by Inti Landauro, Mark Potter
and Richard Chang)
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