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Entrepreneurship

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

"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 is welcoming Stephanie Koster to the company’s team as Chief Financial Officer (CFO). Koster brings more than 20 years of extensive experience in domestic and international strategy, finance, and operations across several Fortune 50 and high growth aerospace companies. As CFO, Koster will lead finance and business operations to …

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Relativity to Build Autonomous Rocket Factory and Expand Testing Facilities at NASA Stennis Space Center

Rendering of Relativity Space's factory in Stennis

Relativity has announced that it has secured an agreement with the National Aeronautics and Space Administration (NASA) and an incentive package from the Mississippi Development Authority to expand facilities and infrastructure at NASA’s historic Stennis Space Center in Hancock County, Mississippi. Through this agreement, Relativity will leverage valuable existing NASA …

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SpaceChain and Biteeu Partner to Enhance Security and Data Protection Through Space-based Data Backups

Open-source blockchain-focused company SpaceChain has signed a partnership with Biteeu, the Global Virtual Currency Exchange powered by Bittrex. The partnership focuses on enhancing the security and data protection through space-based storage solutions. Biteeu is a fully licensed and compliant cryptocurrency exchange in the European Union that views data integrity and …

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Iceye and KSAT to Break the 15 Minutes Barrier from Acquisition to Delivery for SAR Imaging

ICEYE and Kongsberg Satellite Services (KSAT), will jointly offer full SAR Ground Segment services to ICEYE SAR satellite constellation customers. This collaborative service enables timelines as short as 15 minutes from image acquisition to processed SAR image delivery for government customers globally. “We are excited to be working with ICEYE …

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Three Companies Selected by NASA for Lunar Payload Delivery

Image courtesy Intuitive Machines

NASA has selected three commercial Moon landing service providers that will deliver science and technology payloads under Commercial Lunar Payload Delivery (CLPS) as part of the Artemis program. Each commercial lander will carry NASA-provided payloads that will conduct science investigations and demonstrate advanced technologies on the lunar surface, paving the …

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#SpaceWatchGL Op’ed: Taking Europe to the Moon and Sparking a Lunar Economy

By Mari Eldholm, Governmental Affairs Manager at PTScientists GmbH Europe has never landed on the Moon. PTScientists is preparing to change that by sending the first European lunar lander to the Apollo 17 site. But, perhaps equally important – PTScientists want to prove that Europe can be a fertile ground …

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Ursa and ICEYE Extend Partnership for SAR Satellite Data and Products

Ursa and ICEYE Extend Partnership for SAR Satellite Data and Products

Ursa has signed a collaboration agreement with ICEYE to expand the global market for synthetic aperture radar (SAR) data and analytic products. Building on an existing partnership with ICEYE to provide satellite data to Ursa and its customers in the energy sector, Ursa will now additionally become a reseller of …

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UK Space Agency to Support Development of Cornwall Launch Base for Virgin Orbit

Spaceport Cornwall, courtesy Virgin Orbit

The UK Space Agency and Cornwall Council intend to make available up to £20 million for Spaceport Cornwall and US launch operator Virgin Orbit to develop facilities and operational capabilities that would enable small satellite launch from Cornwall in the early 2020s. This investment remains subject to business case approval …

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Astrobotic Awarded $79.5 Million Contract to Deliver 14 NASA Payloads to the Moon

Astrobotic has been selected by NASA’s Commercial Lunar Payload Services (CLPS) program to deliver 14 payloads to the Moon on its Peregrine lunar lander in July 2021. With this $79.5 million CLPS award, Astrobotic has now secured 28 payloads for lunar delivery as part of its first mission. Fifty years …

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#SpaceWatchGL Op’Ed: Cultivating European Lunar Leadership – The Time Is Now!

By Lynn Zoenen, Global Affairs Manager at ispace Europe The Moon Momentum The first half of 2019 has already proven to be a worthy time to celebrate the 50th anniversary of the first human landing on the Moon. With China’s Chang’e-4 mission to the far side of the Moon in January …

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