Phantom Space Corporation, founded in 2019, is a space services company that aims to revolutionize access to space by mass manufacturing launch vehicles and satellites. As a launch provider and satellite manufacturer, Phantom Space is developing the Daytona launch vehicle to deliver small satellites to LEO and offers comprehensive satellite design and construction services. They are also developing Phantom Cloud, a data backhaul service for satellites, and have partnered with companies like Ubotica Technologies and Assured Space Access for AI processing and RF communications payloads, respectively. The company aims to provide low-cost and reliable space access to a wider range of customers, including those seeking satellite constellations and data services.
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Phantom Space’s open space ecosystem includes the Space App Store, a platform connecting satellite operators, third-party data sources, developers, and end users.
The acquisition strengthens Phantom Space’s vertical integration strategy.
Phantom Space has acquired Thermal Management Technologies, LLC (TMT).
Phantom Space will bring TMT’s thermal capabilities in-house to manage the thermal requirements of high-performance satellites.
TMT’s engineering team will work with Phantom Space’s leadership on the development of Block I Phantom Cloud satellites.
Phantom Space has recently expanded its launch vehicle and satellite manufacturing capabilities.
Phantom Space’s vertically integrated stack is intended to let customers collect, process, and monetize data in orbit.
TMT will continue operating as a subsidiary of Phantom Space after the acquisition.
The acquisition supports the rapid development of Phantom Cloud, Phantom Space’s orbital data center constellation.
Phantom Space’s upcoming Block I Phantom Cloud spacecraft will use TMT’s thermal capabilities.
Phantom Space Corporation acquired Thermal Management Technologies to accelerate development of its planned orbital data center constellation and advance its vertical integration strategy.
Phantom Space bought Vector Launch’s bankrupt launcher assets to accelerate Daytona development.
Phantom Space is continuing development of its Daytona rocket, which is targeting an inaugural launch in the latter half of 2027.
Phantom Space has already signed multiple Phantom Cloud users, including Ubotica Technologies.
Phantom Space is developing Phantom Cloud, an in-orbit data center constellation targeting initial deployment in mid-2027.
Phantom Space plans to launch the first Phantom Cloud satellite iteration on an undisclosed third-party rocket.
Phantom Space Corporation acquired Vector Launch in February.
TMT will collaborate with Phantom Space to develop Block 1 Phantom Cloud satellites.
Phantom Space says the Thermal Management Technologies acquisition strengthens its ability to manage the thermal requirements of high-performance satellites such as the Block I Phantom Cloud spacecraft.
Phantom Space completed the acquisition of Vector Launch in February.