Relativity names former Google CEO Eric Schmidt as its new CEO

Relativity began nine years ago, with the company’s vision written on the back of a Starbucks receipt. Co-founder Tim Ellis (right) with an additively manufactured rocket engine component (Courtesy Tim Ellis/X)
Relativity began nine years ago, with the company’s vision written on the back of a Starbucks receipt. Co-founder Tim Ellis (right) with an additively manufactured rocket engine component (Courtesy Tim Ellis/X)

Eric Schmidt, former Google CEO, has been named as the new CEO of Relativity Space, based in Long Beach, California, USA. Schmidt is replacing Relativity Space co-founder Tim Ellis, who has been chief executive officer since the company’s foundation in 2015. Following the transition, Ellis will remain on the board.

The news follows talk of Schmidt – then Google CEO – making a significant investment in the company earlier this year.

Schmidt held the role of Google CEO from 2001-2011 and acted as the executive chairman of both Google and its parent company, Alphabet, from 2011-2017. Alongside these roles, he was also a chairman of the Pentagon’s Defense Innovation Advisory Board from 2016 to 2020.

In a post on X, Ellis stated, “Nine years ago, we scribbled Relativity’s wild vision on the back of a Starbucks receipt, never imagining how many incredible people would believe, join, invest in us, and work incredibly hard to build this company despite the risks. From first-ever 3D-printed rockets launched into space, to the next-generation reusable Terran R flight hardware now being built, it’s been awe-inspiring and profoundly humbling. Truly, thank you to everyone involved.”

”Today marks a powerful new chapter as Eric Schmidt becomes Relativity’s CEO, while also providing substantial financial backing. I know there’s no one more tenacious or passionate to propel this dream forward. We have been working together to ensure a smooth transition, and I’ll proudly continue to support the team as Co-founder and Board member,” added Ellis.

Regarding the status of the Terran R rocket, the company announced that it is beginning its first flight production. At its Long Beach headquarters, critical primary structures—including first-stage panels, second-stage barrels, the thrust structure, and Aeon R engines—are now being manufactured and assembled.

To get Terran R to market quickly, Relativity Space is combining traditional manufacturing with AM techniques. This hybrid approach allows the company to deliver a highly performant and cost-effective vehicle for its customers. Primary structures are made from friction stir welded high-strength aluminium alloys, enhanced by in-house machining and custom tooling. For the Aeon R engines, where fast iteration is critical, the company is using Powder Bed Fusion (PBF) and Directed Energy Deposition (DED) from its Stargate Additive Manufacturing platform.

www.relativityspace.com

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