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New funding programme to serve as launch pad for Swiss space start-ups

This autumn, the European Space Agency (ESA) and the Swiss State Secretariat for Education, Research and Education (SERI) will open an ESA Business Incubation Centre (ESA BIC) in Switzerland. In addition to technical expertise and business-development support, ESA BIC Switzerland will also provide start-ups with up to EUR 500,000 in funding, which makes this a
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"As we look to our future and transition from a period of development into full operations, we needed someone to guide us through this exciting time," said Jim Cantrell, CEO and co-founder of Vector. "Stephanie's proven experience in finance, growth, and strategy for some of the world's largest aerospace companies makes her well-suited to help us achieve our aggressive business goals." Koster joins Vector from Blue Origin where she spent nearly seven years as Director and Treasurer of its domestic and international affiliates. While at Blue, she oversaw finance and business operations for the consolidated companies. Koster has also held senior leadership roles at The Boeing Company, where she was involved in programs pertaining to its global venture capital, corporate venturing & innovation programs, international M&A, corporate development and technology acquisition. "Over the past several years, I've witnessed Vector quickly join the ranks to make a name for itself among the leaders in the small satellite launch industry," said Koster. "As the company continues to forge ahead, I look forward to working alongside the team to meet its goals in the most thoughtful and efficient way possible." The appointment of Vector's new CFO follows its $70 million Series B funding, which is directly contributing to the expansion of its team. As the company dedicates focus toward its first orbital flight from the Pacific Spaceport Complex-Alaska this year, and continues on its mission towards lowering the barriers of entry to space, Koster will be responsible for ensuring Vector's business operations are aligned with these goals.

Vector Names Former Blue Origin Director and Treasurer as New Chief Financial Officer

Vector is welcoming Stephanie Koster to the company’s team as Chief Financial Officer (CFO). KosterThanks