Vector Launch Systems Enters Microsat Launch Business

SpaceX Founding Team Launches Vector Space Systems to Redefine Space Commerce, SpaceRef Business

"I am truly honored and thrilled to be leading a team of industry veterans on such an important and pivotal space startup. We see innovation and value creation being the strongest in the Micro Satellite sector and Vector Space Systems will create a development platform that will foster this innovation and bring the reality of space to a much larger pool of entrepreneurs who don't need to be space experts. I am likewise honored to have such an influential group of seed investors who will bring much needed Silicon Valley DNA to the space business and will deeply influence our business, sales, marketing and product development strategies," said CEO Jim Cantrell

Marc's note: Of note, Vector announced today it has received its first rounding of funding, $1M from angel investors who weren't disclosed. Competition comparisons include Rocket Labs and FireFly, though Vector says their launch vehicle is cheaper starting at $2M with their primary market being under 50kg. There's definitely a need for a dedicated microsatellite launcher. Launch sites they plan to use include Kodiak and Cape Canaveral. Yet another potential customer for KSC.

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This page contains a single entry by Marc Boucher published on April 26, 2016 8:52 AM.

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