Vector co-founder and CEO Jim Cantrell said the agreement with Open Cosmos, a space-launch services company, aligns with his company鈥檚 aim of providing simple, low-cost launch solutions for small-satellite customers.

Open Cosmos is described as a 鈥渙ne-stop-shop to orbit鈥� that allows companies to have dedicated nanosatellite missions for remote-sensing payloads, information and telecommunication services, scientific research, or space technology in-orbit demonstrations.

The company manufactures its satellites in-house, procures launch services from partners like Vector, and operates fleets using its own satellite operations system.

Open Cosmos deployed its first nanosatellite into low Earth orbit in April 2017 aboard an Atlas V rocket.

Vector is looking to start construction on its rocket factory south of 蜜柚直播 International Airport this year and is planning its first orbital launch in July.

Vector plans to ramp up to 100 small-sat launches per year, which suits Open Cosmos.

鈥淰ector鈥檚 launch cadence and aggressive prices allow us to provide increased affordable schedule certainty to our time-to-market-sensitive customers,鈥� said Rafel Jorda-Siquier, CEO and founder of Open Cosmos.

Besides Cantrell, a founding member of Elon Musk鈥檚 SpaceX team, Vector is led by new-space and software industry veterans from Virgin Galactic, McDonnell Douglas, Boeing, Sea Launch and VMware.

In addition to its launch services, Vector plans to deploy a satellite-based software network to host customer sensors and data, with a company led by Cantrell鈥檚 son planning to deploy a cryptocurrency on the satellite platform by 2019.

TRACKING TEP

蜜柚直播 Electric Power Co. has launched a new webpage where visitors can view the output of most of TEP鈥檚 utility-scale solar and wind resources.

The new dashboard, at , displays the output of 15 solar arrays and two wind farms and show how the systems鈥� combined output compares to customers鈥� energy usage and individual system production. The data is updated every three minutes.

TEP鈥檚 renewable resources produce enough energy to power 115,000 homes, and the company is working to deliver 30 percent of its power from renewable energy by 2030.

About 11 percent of TEP鈥檚 power came from renewables last year, above 蜜柚直播鈥檚 7 percent requirement for 2017.

AZBIO APPLAUDS BILL

The 蜜柚直播 Bioindustry Association applauded the passage of legislation sponsored by Rep. Kyrsten Sinema, D-Ariz., that would extend exemptions for 鈥渆merging growth companies鈥� from certain provisions of the Sarbanes-Oxley Act.

Such startups are exempt from certain regulatory requirements for five years after their initial public offering of stock, including a requirement that public companies obtain external audits.

The Fostering Innovation Act, co-sponsored by Indiana Republican Rep. Trey Hollingsworth, extends the Sarbanes-Oxley exemptions for an additional five years for a emerging growth companies with annual average revenue of less than $50 million and less than $700 million in public stock float.

The legislation was passed by the House as part of a package of regulatory bills but still must navigate the Senate.

Joan Koerber-Walker, president and CEO of AzBio, said the legislation would help 蜜柚直播 tech companies grow.

As an example, Koerber-Walker specifically cited 蜜柚直播-based HTG Molecular Diagnostics, a publicly traded biotech startup that has developed a proprietary high-capacity platform for testing gene expression.