Image: What are SmallSats and CubeSats? NASA image; public domain
Capitalism in space: Vector shuts down, loses CEO, might have money issues
Jim Cantrell, who had been the CEO of smallsat rocket company Vector Launch since inception, apparently has left the company.
Vector, a micro-launch company founded in 2016 to build small rockets for payloads of up to 60kg, may be in financial trouble, multiple industry sources told Ars on Friday. A spokeswoman for Vector did not comment on that. However, she did confirm the company has parted ways with its chief executive: “Jim Cantrell is no longer with Vector effective today. John Garvey has assumed the role of CEO.”
