VIRGINIA (WVEC) -- A nanosatellite launch company will conduct three commercial orbital missions from Wallops Flight Facility over the next two years, with an option for five more launches in the future.

Vector, a company made up of new-space and enterprise software industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas, Boeing, Sea Launch, and VMware made the agreement with the Virginia Commerical Space Flight Authority (Virginia Space).

“As home to one of only four spaceports in the nation that launches to orbit, the Commonwealth of Virginia is one of the most attractive places to do business both on and off this world," said Governor McAuliffe. "We’re thrilled to welcome Vector as a customer of the Mid-Atlantic Regional Spaceport. It is a testament to Virginia’s ongoing efforts to build the New Virginia Economy by providing a highly skilled workforce and start of the art facilities for this dynamic 21st Century launch provider to choose MARS as a launch site. We look forward to partnering with Vector as the company continues to grow and providing a business climate that contributes to continued success.”

The initial flights from Virginia Space's Mid-Atlantic Regional Spaceport (MARS) will be part of a series of orbital launces. They will help Vector move towards commercial launch sites for the future.

“This agreement with Virginia Space represents a significant milestone for Vector as we continue to deliver on our mission of making space open for business," said Jim Cantrell, CEO and co-founder of Vector. "Today’s events mark the start of a strong and growing partnership between Vector and Virginia Space, and we look forward to continuing our momentum with their support to get to an orbital capability in 2018."

For more information on Vector, visit their website.