US Air Force Gives Vector Launch Its First Mission

Even small contracts can be big news to small companies, and Vector Launch -- just three years young and yet to put its first rocket in orbit -- had some big news to share last week.

Three years ago -- not long after the company's founding -- Vector was as a "small rocket" company that's looking to put small satellites in orbit for as little as $1.5 million a pop. In the years since, we've watched as Vector attracted funding from venture capital, notched technology development contracts from both NASA and DARPA, started signing up commercial customers, and even publicly mulled prospects for an IPO.

Last week, Vector scored another first when it won its first-ever contract from the United States Air Force.

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Source Fool.com