Phantom Space
activeVertically integrated space company that develops small-lift launch vehicles, manufactures satellites, and provides dedicated orbital launch services.
Key Facts
Description
Phantom Space designs and manufactures the Daytona expendable small-lift launch vehicle for dedicated payload delivery to low Earth orbit. The two-stage rocket delivers approximately 500 kilograms to LEO using Hadley engines from Ursa Major. The company operates a manufacturing facility in Tucson, Arizona, and launches from Vandenberg Space Force Base, Cape Canaveral Space Force Station, Arnhem Space Centre in Australia, and Pacific Spaceport Complex in Alaska. Daytona reflects Phantom's mass-manufacturing philosophy: prioritizing cost efficiency and speed through commercially available components rather than custom-engineered systems.
Phantom is developing Laguna, a reusable first-stage launch vehicle targeting heavier payloads of approximately 1,200 to 1,350 kilograms. The company manufactures satellites through its Satellite-as-a-Service offering and is developing Phantom Cloud, a 66-satellite constellation for in-orbit data backhaul and communications relay. Phantom serves commercial small-satellite operators and government customers including the U.S. Space Force. The company maintains vertical integration through prior acquisitions of StratSpace and Micro Aerospace Solutions, and in February 2026 completed a corporate asset purchase of Vector Launch. Founded in 2019 by Jim Cantrell, the company is privately held and operating at Series B funding stage.