MADRID : Spanish company PLD Space said it plans its first test of a suborbital reusable rocket on Wednesday, as it seeks to put small satellites into space and capture a slice of a potential trillion-dollar market. If successful, the launch from a military aerospace research centre in Huelva, in southern
MADRID : Spanish company PLD Space said it plans its first test of a suborbital reusable rocket on Wednesday, as it seeks to put small satellites into space and capture a slice of a potential trillion-dollar market.
Plans by companies around the world to deploy thousands of internet-beaming satellites in the next few years have spawned a wave of new rocket companies targeting what some analysts expect will be a trillion-dollar space market by 2030. PLD Space would be taking the lead if its microlauncher"Miura 1" - named after a renowned breed of Spanish fighting bulls - is a success. The rocket is as tall as a three-storey building, has a 100-kg cargo capacity and can also be used to carry out zero-gravity experiments.
"Miura 1" is expected to be launched at 0630 a.m. local time in a test flight that will last around six minutes, the company said.
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