Eric Schmidt Takes Over as CEO of Relativity Space

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3 days ago

Summary

Schmidt is succeeding the startup's co-founder, Tim Ellis, who will continue to support Relativity Space as a director on the company's board. The company is gearing up for the launch of its new rocket, Terran R, which would compete with SpaceX's Falcon 9 and Falcon Heavy.

Key Points

Schmidt brings capital and experience to guide Relativity Space through the launch of Terran R
The new CEO has strong connections in Washington D.C., which could help the company work with government officials on future launches
Relativity Space is known for producing its rockets using unusual techniques, including 3D printing, automated robots, and artificial intelligence

Why It Matters

Eric Schmidt's leadership at Relativity Space marks a critical moment in the company's history as it prepares to launch its new rocket, Terran R.

Author

Maxwell Zeff

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