Eric Schmidt joins the relativity space as CEO

The former CEO of Google, Eric Schmidt, takes over as a CEO of Relativity Space, a 9-year-old rocket startup, confirmed a company spokesperson in a statement to Techcrunch. This is Schmidt’s first CEO since he left Google about 15 years ago.

Schmidt told Space Relativity Employees on Monday made a significant investment and had taken a majority participation in the companyreported the New York Times. Schmidt succeeds the co -founder of the startup, Tim Ellis, as general manager.

Schmidt joins the right relativity space while the company is preparing for the launch in 2026 of Terran R, a larger rocket than what the startup was previously launched, which would contribute with Falcon 9 and Falcon Heavy of SpaceX. In anticipation of the first launch of Terran R, the relativity space struck nearly $ 3 billion in launch contracts with customers, Times reported.

The relativity space is known to produce its rockets with unusual techniques, including the use of 3D printers, automated robots and artificial intelligence. The company also has daring ambitions, previously announcing a plan Send the first private space mission to Mars By 2024. However, some launch failures suspended these daring milestones.