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Phantom Space Acquires Vector Launch Assets to Fast-Track Daytona Rocket

2/27/2026

27 3 Full Breakdown

Summary

Story summary

Phantom Space of Tucson, Arizona, announced on February 26 its acquisition of assets from bankrupt Vector Launch, which filed for bankruptcy in 2019, to accelerate Daytona rocket development.
Jim Cantrell, CEO of Phantom Space and a former Vector Launch founder, said about 80% of the assets will accelerate Daytona's progress.
Phantom plans stage-level testing this year and aims for the first flight in late 2027.

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Story summary

Phantom Space of Tucson, Arizona, announced on February 26 its acquisition of assets from bankrupt Vector Launch, which filed for bankruptcy in 2019, to accelerate Daytona rocket development.
Jim Cantrell, CEO of Phantom Space and a former Vector Launch founder, said about 80% of the assets will accelerate Daytona's progress.
Phantom plans stage-level testing this year and aims for the first flight in late 2027.