Former Google CEO Eric Schmidt is once again taking on the role of CEO, but this time it’s not for a tech giant. After nearly 15 years since his departure from Google, Schmidt has announced that he will be taking over as CEO of Relativity Space, a 9-year-old rocket startup.
This news comes as a surprise to many, as Schmidt has been relatively quiet since leaving Google in 2009. However, his new role at Relativity Space shows that he is still a force to be reckoned with in the tech industry.
In a statement to TechCrunch, a company spokesperson confirmed Schmidt’s new position and expressed their excitement for his leadership. “We are thrilled to have Eric join our team as CEO. His extensive experience in the tech industry, coupled with his passion for innovation, will be invaluable to our company as we continue to push the boundaries of space technology.”
Schmidt’s decision to join Relativity Space as CEO is not only a testament to his confidence in the company, but also a sign of his belief in the potential of the space industry. With the rise of private space companies like SpaceX and Blue Origin, the space industry is experiencing a renaissance and Relativity Space is at the forefront of this revolution.
Founded in 2012 by Tim Ellis and Jordan Noone, Relativity Space has quickly become a leader in the development of 3D printed rockets. Their innovative technology allows them to produce rockets at a fraction of the cost and time compared to traditional manufacturing methods. This has caught the attention of investors, with the company raising over $685 million in funding to date.
Schmidt’s investment in Relativity Space further validates the company’s potential and solidifies his commitment to its success. In a meeting with employees on Monday, Schmidt shared his excitement for the future of the company and his belief in its mission to disrupt the space industry.
“I am honored to be joining the Relativity Space team as CEO. The company’s innovative approach to rocket manufacturing and its commitment to pushing the boundaries of what is possible in space technology is what drew me to this opportunity. I am confident that together, we will achieve great things and make a significant impact in the space industry.”
The news of Schmidt’s appointment has been met with enthusiasm from both the tech and space communities. Many are eager to see what new ideas and strategies Schmidt will bring to the table and how he will help propel Relativity Space to even greater heights.
As Schmidt takes on his new role at the helm of Relativity Space, he brings with him a wealth of experience and a proven track record of success. During his time at Google, Schmidt helped grow the company from a small startup to a tech giant, revolutionizing the way we use the internet and changing the world of technology as we know it.
Now, he is ready to take on a new challenge and lead Relativity Space into a new era of space exploration and innovation. With his leadership and the company’s groundbreaking technology, the possibilities are endless.
In conclusion, the announcement of Eric Schmidt as the new CEO of Relativity Space is a testament to the company’s potential and a sign of the bright future ahead for the space industry. Schmidt’s return to the CEO role is a clear indication of his unwavering passion for technology and his determination to make a difference. As we look towards the future, we can only imagine the incredible advancements and achievements that will come from this collaboration between Schmidt and Relativity Space.
