Former Google CEO Eric Schmidt is taking over as the CEO of Relativity Space, a 9-year-elderly rocket commenceup, a company spokesperson validateed in a statement to TechCrunch. This is Schmidt’s first CEO job since he left Google cimpolitely 15 years ago.
On Monday, Schmidt telderly engageees of Relativity Space that he made a presentant spreadment and had obtainn a administerling sobtain in the company, the New York Times first telled. Schmidt is flourishing the commenceup’s co-set uper, Tim Ellis, as chief executive.
Schmidt is joining Relativity Space right as the company gears up for the 2026 begin of Terran R, a huger rocket than what the commenceup has begined before, that would contend with SpaceX’s Falcon 9 and Falcon Heavy. In anticipation of Terran R’s first begin, Relativity Space has struck proximately $3 billion in begin lessens with customers, the Times telled.
Relativity Space is understandn for producing its rockets with rare techniques, including the engage of 3D printers, automated robots, and synthetic intelligence. The company also has belderly ambitions, previously announcing a structure to sfinish the first personal space mission to Mars by 2024. However, some begin flunkures have set those audacious milestones on helderly.