The Verge for Vector Space Systems
April 26, 2016
Today, Vector Space Systems announced that it has received $1 million in angel funding, which will be used to further develop the project’s small launch vehicle, aptly named Vector. “We always wanted to build micro-rockets, but Elon [Musk] had other ideas,” Jim Cantrell, Vector’s CEO and SpaceX’s first vice president of business development, toldThe Verge of the company’s origins. “He was interested in building a company with larger rockets for his Martian ecosystem. We were more attracted to the smaller stuff.” SpaceX declined to comment on today’s Vector announcement.