An engineering test model of the Vector-R rocket at Pad 0B of the Mid-Atlantic Regional Spaceport at Wallops Island, Virginia. Credit: Vector Updated 12:45 a.m. Eastern Aug. 10 with company statement.

Phantom Space, a would-be small rocket launch provider, has bought key assets and intellectual property from Vector Launch, another would-be provider, as both companies have struggled to make good on ...

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