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Vector Launch

Space · Huntington Beach, United States · Founded 2016

Micro satellite launch services MoreLess

Vector Launch, formerly known as Vector Space Systems, was established in March 2016 by a team of experienced aerospace professionals including Jim Cantrell, John Garvey, Shaun Coleman, Ken Sunshine, and Eric Besnard. Cantrell, the initial CEO, brought significant industry credibility, having been part of the founding team at SpaceX and involved with several other space startups. The company's formation was bolstered by the acquisition of Garvey Spacecraft in July 2016, integrating its work on small launch vehicle concepts.

The firm's core business is providing launch services for the burgeoning small satellite market, targeting both commercial and government clients. Its business model revolves around developing comparatively low-cost, rapid-cadence launch vehicles to deploy microsatellites and CubeSats into low-Earth orbit. This strategy was designed to eliminate the need for small satellite operators to piggyback on larger, more expensive launches, thereby offering them more direct and frequent access to space. Revenue was to be generated per launch, with initial prices projected at around $1.5 million to $3 million.

Vector's primary products were the Vector-R (Rapid) and the larger Vector-H (Heavy) rockets. The Vector-R was designed to carry payloads of up to 60 kg, while the Vector-H targeted payloads up to 290 kg. Key design features included carbon composite structures, 3D-printed engine injectors developed with NASA's assistance, and the use of a liquid oxygen and propylene propellant combination. The company also developed a software-defined satellite operating system called GalacticSky, intended to allow customers to test satellite applications without needing their own hardware.

Despite initial successes, including suborbital test flights in 2017 and securing significant venture capital from investors like Sequoia Capital, the company faced severe financial difficulties. In August 2019, operations were paused, Cantrell departed as CEO, and the company ultimately filed for Chapter 11 bankruptcy in December 2019 after a key funding round fell through. Following the bankruptcy, Vector's satellite software assets, GalacticSky, were acquired by Lockheed Martin. The company re-emerged from bankruptcy in October 2020, aiming to refocus on suborbital and orbital flights for national security and commercial sectors. Recent developments in 2023 include a partnership with Ursa Major to supply 'Hadley' engines for the Vector-R launch vehicles, signaling a continued effort to advance its launch capabilities for national security missions.

Keywords: small satellite launch, microsatellites, launch vehicles, aerospace, suborbital flight, orbital payloads, CubeSats, Vector-R, Vector-H, national security missions

Company overview

Vector Launch company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2016
Headquarters
Huntington Beach, United States
Employees
24
Open positions
None listed
Dealroom signal
60.6
sectorAerospacesectorSpace TechsectorLaunch VehiclessectorSpace TransportationsectorSpace UpstreamsectorHard TechsectorDT and LSsectorscience-basedindustrySpaceclient focusb2btechnologyDeep Tech

Valuation & funding

Vector Launch funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Nov 2020 $0 Undisclosed
SERIES BOther financing Oct 2018 $70M $280M Lightspeed Venture Partners · Sequoia · Shasta Ventures · Morgan Stanley Alternative Investment Partners
CONVERTIBLEOther financing Mar 2018 $0 StreetEdge Capital
SERIES AOther financing Jun 2017 $21M $84M Shasta Ventures · Marc Bell Capital · Sequoia · Lightspeed Venture Partners
DEBTDebt Apr 2017 $4.5M Desert Angels · Shaun Coleman
GRANTOther financing Feb 2017 DARPA · NASA Reduced Gravity Student Flight Opportunities Program
SEEDOther financing Nov 2016 Space Angels · Shaun Coleman · Space Capital · #Angels
SEEDOther financing Oct 2016 Undisclosed
GRANTOther financing Sep 2016 DARPA · NASA Ames Research Center
SEEDOther financing Apr 2016 Space Angels · Shaun Coleman · Matthew Conover
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Growth signals

Vector Launch website traffic

Latest recorded traffic for Vector Launch is 330 monthly website visits, down 58.2% over the last three months. Vector Launch's team grew 0% over the past year.

Latest monthly visits330 3-month web change-58.2% 1-year team growth0%
Monthly website visits95 observations · Oct 2017–Nov 2025
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Comparisons

Vector Launch compared with similar companies

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Talent graph

Vector Launch's talent

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Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

20 investors on Vector Launch's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 8 investors entered at this stage
Space Angels
Shaun Coleman
Matthew Conover
DARPA
NASA Ames Research Center
Space Capital
#Angels
NASA Reduced Gravity Student Flight Opportunities Program
Series A 11 investors entered at this stage
Sequoia
Shasta Ventures
Marc Bell Capital
Lightspeed Venture Partners
Osage University Partners
Hemisphere Ventures
DaVinci Capital Group
StreetEdge Capital
Morgan Stanley
Kodem Growth Partners
Morgan Stanley Alternative Investment Partners
Series B+ 1 investor entered at this stage
Desert Angels

Global footprint

Where Vector Launch has talent and traffic

Workforce by country
🇺🇸 United States · Huntington Beach HQ
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In the news

Latest news about Vector Launch

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Market sentiment

What the market is saying about Vector Launch

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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