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Vector Launch company history timeline

2016

In 2016 York Space Systems signed a $60 million launch deal with Vector, to launch six satellites into orbit, which was never funded.

2017

In 2017, Cantrell signed a letter of intent to collaborate with his son's cryptocurrency company, called Nexus, that was attempting to develop a satellite-supported currency exchange system.

2018

By February 2018, the company was planning to launch the first orbital flight of the Vector-R in July 2018 from the Pacific Spaceport Complex – Alaska.

2019

On August 9, 2019, Cantrell left Vector Launch and John Garvey assumed the role of CEO. The future of the company was left uncertain as it reportedly faced serious financial problems.

2020

On October 29, 2020, Vector re-emerged with a new CEO to focus the company on suborbital and orbital flight.

2021

On January 11, 2021, Vector's remaining shareholders unanimously voted on a wind down plan.

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Founded
2016
Company founded
Headquarters
Tucson, AZ
Company headquarter
Founders
Jim Cantrell,John Garvey,Eric Besnard,Kenneth H Sunshine,Shaun Coleman
Company founders
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Vector Launch competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Northrop Grumman1939$41.0B97,0002,873
Sierra Nevada1963$2.0B4,000430
SpaceX2002$2.0B9,5001,358
United Space Alliance1995$2.0B2,500-
Scaled Composites1982$25.0M2019
Bigelow Aerospace1998$17.5M1-

Vector Launch history FAQs

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