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

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.

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