Vector just released their statement:
https://twitter.com/vectorlaunch/status/1160036670713954304
In response to a significant change in financing, VectorLaunch Inc (Vector)
announced today that it is undertaking a pause of operations.
A core team is evaluating options on completing the development of the
company’s Vector-R small
launch vehicle, while also supporting the Air Force and other government
agencies
on programs such as the recent ASLON-45 award.
The company plans to make more information available next week.
Vector Launch
--
Fred Radford
In response to a significant change in financing, Vector
Launch Inc (Vector)
announced today that it
is undertaking a
pause
of operations.
A core team is
evaluating options on completing the development of the company’s Vector
-
R small
launch vehicle, while also supporting the Air Force and oth
er government agencies
on programs such as the recent ASLON
-
45 award.
The company plans to make more information available next week.
Vector Launch
On Fri, Aug 9, 2019 at 9:09 PM William Claybaugh <wclaybaugh2@xxxxxxxxx>
wrote:
It would not surprise me at all that the current valuation of your
companies represents something north of 20% per annum over the relevant
timeframe. You have built a lot of value.
Bill
On Fri, Aug 9, 2019 at 8:39 PM <anthony@xxxxxxxxxxx> wrote:
I think I’m doing better than that with my method. I get to do cool
things and sleep well at night as a bonus. Whatever floats your boat I
guess.
Anthony J. Cesaroni
President/CEO
Cesaroni Technology/Cesaroni Aerospace
http://www.cesaronitech.com/
(941) 360-3100 x101 Sarasota
(905) 887-2370 x222 Toronto
*From:* arocket-bounce@xxxxxxxxxxxxx <arocket-bounce@xxxxxxxxxxxxx> *On
Behalf Of *William Claybaugh
*Sent:* Friday, August 9, 2019 10:04 PM
*To:* arocket@xxxxxxxxxxxxx
*Subject:* [AR] Re: Another failed small launch company
Anthony:
Yeah, around 40% per annum of reaping when I first started putting money
into VC’s; now down to something more like 15% but still far better than
most any alternative investment.
Bill
On Fri, Aug 9, 2019 at 7:03 PM <anthony@xxxxxxxxxxx> wrote:
So, it’s not about advancing engineering, technology and science while
growing a sustainable and successful, long term business? They reap what
they sow then.
Anthony J. Cesaroni
President/CEO
Cesaroni Technology/Cesaroni Aerospace
http://www.cesaronitech.com/
(941) 360-3100 x101 Sarasota
(905) 887-2370 x222 Toronto
*From:* arocket-bounce@xxxxxxxxxxxxx <arocket-bounce@xxxxxxxxxxxxx> *On
Behalf Of *William Claybaugh
*Sent:* Friday, August 9, 2019 7:29 PM
*To:* arocket@xxxxxxxxxxxxx
*Subject:* [AR] Re: Another failed small launch company
Anthony:
As you probably know, the trick is not to be profitable—which is likely
impossible in the long run—the trick is to get a very high valuation and
then cash out.
We might also note that a benefit of taking money from very experienced
VC’s is that they know to cut their losses early.
Bill
On Fri, Aug 9, 2019 at 5:14 PM <anthony@xxxxxxxxxxx> wrote:
When I read the Twitter page, I saw this picture and did a double take
before reading the original article.
In any event, it’s another unfortunate outcome if true. Going to orbit or
even sub-orbital as a profitable and standalone business model remains a
difficult nut to crack.
Anthony J. Cesaroni
President/CEO
Cesaroni Technology/Cesaroni Aerospace
http://www.cesaronitech.com/
(941) 360-3100 x101 Sarasota
(905) 887-2370 x222 Toronto
*From:* arocket-bounce@xxxxxxxxxxxxx <arocket-bounce@xxxxxxxxxxxxx> *On
Behalf Of *Bill Bruner
*Sent:* Friday, August 9, 2019 6:44 PM
*To:* arocket@xxxxxxxxxxxxx
*Subject:* [AR] Another failed small launch company
https://twitter.com/SciGuySpace/status/1159950382178734081?s=19