Vector Launch Files For Chapter 11 Bankruptcy
socalTECH
DECEMBER 16, 2019
Vector Launch , a startup which was developing rockets for small satellite launches which had its engineering headquarters in Huntington Beach, has filed for Chapter 11 bankruptcy, and will sell some of its assets to Lockheed Martin, according to legal filings from the firm on Friday. The company also has laid off most of its 150 or so staff.
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