 Following a lawsuit filed by Vector against Lockheed Martin for violating GalacticSky patents   and Vector's bankruptcy, Lockheed Martin expressed interest in acquiring GalacticSky for $2.5 million, assuming no higher bidder appears.Several members of the former GalacticSky team including the primary author of many of its patents and a Vector Co-founder, Chief Sales/Marketing Officer & SVP/General Manager of GalacticSky, Shaun Coleman , former GalacticSky VP of Engineering John Metzger, former Vector Chief Revenue Officer, and Lockheed VP of Advanced programs Robert Cleave have since founded NewSpace Networks a company focused on extending the cloud and making satellite networks more efficient   .NewSpace Networks intends to bid for the GalacticSky assets against Lockheed Martin.