Phantom Space Acquires Vector Launch Assets and Intellectual Property, Accelerating Daytona Launch Vehicle Development

Phantom Space reclaims former Vector launch technology

Remnants of Vector Launch have made it back to one of its original architects after Phantom Space bought launch assets that were sold off in 2020 during the small rocket developer’s bankruptcy. The post Phantom Space reclaims former Vector launch technology appeared first on SpaceNews.

Phantom Space Acquires Vector Launch Assets and Intellectual Property, Accelerating Daytona Launch Vehicle Development

/PRNewswire/ -- Phantom Space Corporation, a leader in responsive space transportation, today announced it has acquired key assets and intellectual property...

Phantom Space Acquires Vector Launch Assets in Strategic Comeback

In a dramatic turn worthy of the space industry’s boom-and-bust cycles, Phantom Space Acquires Vector Launch assets once scattered in bankruptcy, bringing fragments of a fallen rocket venture back under the stewardship of one of its original visionaries. Tucson, Arizona-based Phantom Space announced Feb. 26 that it had purchased launch assets previously sold off during Phantom Space Acquires Vector Launch assets, reviving tech to accelerate Dayto

Phantom Space Acquires Vector Launch Assets

Phantom Space just got a boatload of pre-owned toys to play with. The AZ-based launch startup announced today that it acquired assets and IP belonging to Vector Launch—another Arizona launch hopeful that filed for bankruptcy in 2019, and attempted, unsuccessfully, to revive its launch dreams under new management in the years since. Phantom declined to share the value of the acquisition, but CEO Jim Cantrell told Payload that the deal was funded …