Eric Schmidt, former CEO of Google, has taken over as CEO of Relativity Space, a startup specializing in rocket technology and 3D printing. With a significant investment and controlling stake, Schmidt replaces co-founder Tim Ellis. As the company gears for the 2026 launch of its new rocket, Terran R, it has secured nearly $3 billion in contracts. Known for its innovative production methods and ambitious space missions, Relativity Space has faced setbacks due to prior launch failures but is determined to push forward with plans, including a private Mars mission slated for 2024.
Former Google CEO Eric Schmidt is taking over as the CEO of Relativity Space, a 9-year-old rocket startup, transitioning from his role at Google 15 years ago.
Schmidt's leadership comes as Relativity Space prepares for the 2026 launch of Terran R, a rocket set to compete directly with SpaceX's offerings.
Relativity Space, known for its innovative use of 3D printing and AI in rocket production, has $3 billion in contracts for upcoming launches.
Despite ambitious plans for a private Mars mission by 2024, some previous launches of Relativity Space have experienced failures, pushing timelines back.
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