Rocket Report: SpaceX nabs another contract, Vector cashes in, Vulcan delay

Ars Technica » Scientific Method 2018-10-26

Rocket Report: SpaceX nabs another contract, Vector cashes in, Vulcan delay

Enlarge (credit: Rocket Lab)

Welcome to Edition 1.23 of the Rocket Report! Lots of news from small launchers this week as Vector, Relativity, and Virgin Orbit all make moves intended to bring them closer to launch. SpaceX also had a good week, with a contract for yet another Falcon Heavy launch and a likely third flight of the same Falcon 9 booster coming soon.

As always, we welcome reader submissions, and if you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar.

Vector raises an additional $70 million. The small launcher company raised the money in Series B financing and will use the funding to expand sales and marketing teams while building a new rocket-manufacturing facility, SpaceNews reports. As part of the announcement, Vector said the new funding will help the company achieve its ultimate goal of an eventual initial public offering.

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