SpaceX Veterans Announce New Satellite Launch Firm, Vector Space Systems

A new, microsatellite launch firm--founded by veterans of SpaceX--said today that it has raised more than $1M to launch the startup. Vector Space Systems led by former SpaceX executive Jim Cantrell, said it raised $1M in an angel funding to develop a mirosatellite launch company. The company's co-founders include John Garvey (SpaceX), Ken Sunshine (Virgin Galactic, Moon Express, Orbital Science), and Eric Besnard (NASA, Air Force). Cantrell is based in Arizona, but the company's other founders all look to be based here in Los Angeles. The angel funding came from Shaun Coleman (CloudVolumes, Reconnex), Matt Conover (CloudVolumes/VMware), and Nick Karangelan (Trident Systems).