An engineering test model of the Vector-R rocket at Pad 0B of the Mid-Atlantic Regional Spaceport at Wallops Island, Virginia. Credit: Vector Updated 12:45 a.m. Eastern Aug. 10 with company statement.

Vector rocket hardware can be seen in this undated file photo. The Tucson, Arizona, company announced Aug. 9 it was suspending operations and replacing its chief executive amid funding problems.

Phantom Space, a would-be small rocket launch provider, has bought key assets and intellectual property from Vector Launch, another would-be provider, as both companies have struggled to make good on ...

Space-technology company Vector Launch Inc. has filed for bankruptcy, blaming its demise on venture-capital backer Sequoia Capital’s decision not to provide additional funding for its development ...