[15][16] In 2017, Cantrell signed a letter of intent to collaborate with his son's cryptocurrency company, called Nexus, that was attempting to develop a satellite-supported currency exchange system.
[7][8][19][20] By 2017, Vector had announced that it planned to use the LC-46 launch site in Florida for its Vector-R rocket starting in 2018,[21] but did not achieve that target date.
[citation needed] By February 2018, the company was planning to launch the first orbital flight of the Vector-R in July 2018 from the Pacific Spaceport Complex – Alaska.
[23][needs update] On August 7, 2019, the company was awarded its first U.S. Air Force mission, to launch the ASLON-45 spacecraft for $3.4 million.
[5] Lockheed Martin acquired Vector's GalacticSky assets by default after a bankruptcy court received no qualified bids.
[27] On October 29, 2020, Robert Spalding announced that Vector Launch is "focused on suborbital, and eventually orbital flight" and is targeting both the governmental and commercial sectors.
[34] Vector developed a patented[35] software-defined satellite operating system called GalacticSky so that its planned micro-satellites can run different applications.
Managed by Vector's initial investor and co-founder Shaun Coleman[36] GalacticSky was intended to allow customers to quickly test software applications for satellites without having to develop their own hardware.