Small satellite launcher Vector pauses operations after ousting CEO

The Vector-R taking off on its second suborbital test flight in 2017 | Photo: Vector Aerospace startup Vector -- a US company developing small rockets to send small satellites into orbit -- announced on Friday it is pausing operations due "to a significant change in financing." The company's CEO, Jim Cantrell, has also left and been replaced by John Garvey, one of the company's co-founders. Those abrupt changes for the company come just a few days after Vector received its first launch contract ...