Vector speeds toward orbital launch capability with $70M in new funding

October 22, 2018

The market for small satellites in low Earth orbit is expanding faster than the gas in a thruster nozzle, and Vector aims to be the go-to launch platform for companies looking to put a bird in the air on short notice. The company just raised a $70 million B round and aims to take its first payload into space early next year.

Smaller launch systems are already helping bring down the cost of going to orbit, but there’s still a huge amount of room to improve. Satellites and experiments are still waiting for years, or at least more than a few months, for their chance to get to LEO. Vector is hoping to be the company they come to when they want to launch on the scale of weeks.