Phantom Space wants to mass produce rockets using parts made by other companies

Phantom Space, a startup founded by SpaceX veteran Jim Cantrell, is taking an “off-the-shelf” approach to building rockets, using parts created by other space companies to build rockets cheaper and faster.

“We want to be the Henry Ford of the space industry with mass production, while others in this space are focused on vertically integrating their technology and supply chain,” Cantrell said in a press release.

The challenge: It’s cheaper than ever to send a satellite or even a person into space, but it’s still not cheap.

If we can get to the point that practically anyone who wants access to space can afford it, though, it could be a major boon for science, entertainment, and more.

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