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New smallsat rocket company obtains financing

The competition heats up: A new rocket company, Vector Space Systems, has announced that it has obtained seed money to begin the development of a new rocket for launch very small satellites.

Vector is designed to provide dedicated launches of very small spacecraft. The vehicle is capable of placing satellites weighing up to 45 kilograms into a basic low Earth orbit, and 25 kilograms into a standard sun synchronous orbit. Those launches will cost $2–3 million each, with the higher price reserved for “first class” launches reserved as little as three months in advance.

This rocket would compete with Virgin Galactic’s LauncherOne and Rocket Lab’s Electron for the smallsat and cubesat business.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


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"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

One comment

  • Dick Eagleson

    It looks as though their likely market is for smaller smallsats than the OneWeb-type units that VG and Rocket Lab are pursuing. Vector’s technical stats page only mentions cubesats. The upper stage has enough volume to accommodate 12U worth of cubesats, though the maximum mass varies from 25 kg. for a 400 km. sun-synchronous orbit to 45 kg. for 28 – 58 degree 200 km. orbits. This vehicle could launch more than one cubesat per mission, depending upon their mass, but it looks to be aimed mainly at solo rides for comparatively heavy and sophisticated cubesats. That market will probably consist mostly of corporate experiments/prototypes and student payloads from educational institutions. At $2 million/mission, the initial target price is a lot cheaper than a VG or Rocket Lab launch. Given that the intent is for the 1st stage of the vehicle to be reusable, there seems to be future potential for still cheaper mission prices which, especially with respect to cubesats, would greatly increase the size of the market that could be served.

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