The ghost of Vector lives on. Tucson, Arizona-based satellite and rocket developer Phantom Space, co-founded by Jim Cantrell in 2019, has acquired the remnants of Vector Launch, Space News reports. The announcement is notable because Cantrell left Vector as its finances deteriorated in 2019. Cantrell said some of the assets, comprising flight-proven design elements, engineering data, and other technology originally developed for Vector, will be immediately integrated into Phantom’s Daytona vehicle architecture to reduce development risk.
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"But you need an oil price that makes that worthwhile. Unless you can generate sufficient money to justify that, it's very difficult to see the industry coming back."