It has become clear that the best way to keep space travel costs down is to indue significantly in reclaimable applied science . Now , after successful demonstrations from all over the world , Europe is throwing its hat into the ringing .

The European Space Agency ( ESA ) has fund the testing of a Liquid - Propulsion Stage Recovery system that   will be constructed byPLD Space , a start - up from the University Miguel Hernández de Elche ’s Science Park . ESA has put forward $ 780,000 for basis and flight examination .

PLD Space has a stringent schedule to keep as the father are aim to make its first space launching in 2018 . If the project is successful , this will be the first European - design completely recyclable commercial-grade roquette .

“ This projection is the first of ESA support for our company and modest commercial-grade launcher technologies , ” said CEO Raúl Torres in astatement .   “ PLD Space Eruca sativa will meet the launching needs of the small satellite market , respect at over seven billion dollars in 2020 . ”

The last few year have seen significant breakthrough when it comes to reclaimable space vehicles . Elon Musk ’s SpaceX was able to land several rockets , both on land and onautonomous barges , and Blue Origin successfully tested itscrew head for the hills system . Reusable technologies   are seen as the only option to quash the high prices of get off cargo and traveller to space .

“ We are pose ourselves within Europe as the go - to provider for the commercial blank rocket launcher of the future tense , ” added Raúl Verdú , the technology theatre director of PLD Space .   “ The American company SpaceX achieved what it did with 4,000 engineers , at Blue Origin the team is now 500 strong , while PLD Space hopes to employ just over 100 engineers by 2020 . ”

The company is presently work on its next stage . It will open a new manufacturing adroitness , where the Eruca vesicaria sativa and two new trial run stands can be assembled . The first step is to perform several ground examination to accomplish the necessary reliability to   create a successful launching .