Company Overview
About Phantom Space
Phantom Space Corporation is a Tucson, Arizona-based commercial space transportation and satellite manufacturing company focused on democratizing access to low Earth orbit for small satellite operators. The company is developing the Daytona launch vehicle, an 18-meter, two-stage rocket designed to deliver up to 950 kg to LEO at competitive cost. Phantom Space has been conducting stage-level testing in preparation for a maiden launch targeted for the latter half of 2027. The company acquired design elements and intellectual property from the defunct Vector Launch, incorporating proven technology into its development program.
Business Model & Competitive Advantage
Phantom Space has secured a $79M commercial launch backlog and received a NASA task order for launch services valued at up to $300M — providing significant non-dilutive revenue validation for its development program. In addition to launch services, Phantom Space is developing Phantom Cloud, an in-orbit data center constellation targeting initial deployment in mid-2027, and provides satellite design, integration, and manufacturing services as ancillary revenue while Daytona approaches its first flight. The company partners with Ursa Major for Rocket Engines, having contracted for over 200 engine units.
Competitive Landscape 2025–2026
Phantom Space operates in a competitive small launch market dominated by Rocket Lab and facing ongoing challenges from Relativity Space, ABL Space, and others that have faced development setbacks. The company''s differentiated strategy combines launch vehicle development with satellite manufacturing services and in-orbit infrastructure (Phantom Cloud), positioning it as a vertically integrated small space ecosystem rather than a pure-play launch provider. Successful stage testing and the NASA task order provide meaningful milestones to watch as the company progresses toward its 2027 launch target.
Key Differentiators
Emerging Innovator
Phantom Space is an emerging player bringing innovative solutions to the Automotive & Transportation market.
Frequently Asked Questions
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