Vector Space Systems signs $60 million contract

The competition heats up: Vector Space Systems, which recently began work on a rocket factory in Tucson, today announced the signing of a new $60 million launch contract.

Vector Space Systems, a micro satellite space launch company comprised of new-space industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas and Sea Launch, today finalized an agreement with York Space Systems, an aerospace company specializing in small and medium class spacecraft, to conduct six satellite launches from 2019 through 2022 with the option for 14 additional launches. The first launch through the agreement will also be the inaugural launch of the Vector-H vehicle, which is capable of launching 100 kg into orbit, and will provide an integrated spacecraft to customers through a standardized platform.

York Space Systems will use the launches with Vector Space Systems to place their standardized S-Class satellite platform into orbit for commercial and government customers. York Space Systems’ satellites will also employ the unique Electric Upper Stage which uses Vector Space Systems’ propriety electric propulsion technology as the final insertion stage of the Vector-H to place the satellites into orbital altitudes up to 1000 km with zero loss of launch throw mass capability.

It seems that there are now a lot of competing space races going on in the private aerospace industry. SpaceX and Boeing are racing to launch astronauts to ISS. SpaceX and Blue Origin are racing to reuse rockets. Blue Origin and Virgin Galactic are racing to launch the first suborbital tourists. A handful of private companies are racing to win the Google Lunar X-Prize. Arianespace, ULA, and Russia are racing with SpaceX for big payload launch contracts.

And a new group of small rocket companies are racing to capture a new burgeoning small satellite industry. Based on the most recent reports, it looks to me that Vector Space Systems and Rocket Lab are in the lead, though who will be first remains unclear. Hopefully, both will win by launching successfully and competing against each other.