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The launch company has ceased operations for now. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Updated 12:45 a.m. Eastern Aug. 10 with company ...

Vector rocket hardware can be seen in this undated file photo. The Tucson, Arizona, company announced Aug. 9 it was suspending operations and replacing its chief executive amid funding problems.

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.