SpinLaunch appoints new CEO to drive next phase

Written by Copernical Team Saturday, 11 May 2024 22:01

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Los Angeles CA (SPX) May 11, 2024

SpinLaunch, known for enabling rapid and sustainable low-cost access to space, has announced a leadership shift to steer the company's further expansion and commercialization of its innovative space technologies. The company's Board of Directors has named David Wrenn, previously Chief Operating Officer, as Chief Executive Officer, effective immediately. This follows the departure of Jonath

SpinLaunch appoints new CEO to drive next phase
by Clarence Oxford
Los Angeles CA (SPX) May 11, 2024

SpinLaunch, known for enabling rapid and sustainable low-cost access to space, has announced a leadership shift to steer the company's further expansion and commercialization of its innovative space technologies.

The company's Board of Directors has named David Wrenn, previously Chief Operating Officer, as Chief Executive Officer, effective immediately. This follows the departure of Jonathan Yaney, the founder and former CEO, who has fully endorsed Wrenn's promotion.

"This leadership change is a natural progression for the company as it becomes laser focused on customer development and executing its go-to-market strategy," said Domhnal Slattery, Chairman of the Board at SpinLaunch. "David has an exemplary history at SpinLaunch having spent the last nine years successfully helming various executive leadership roles across the organization. His deep understanding of the firm's business and technology uniquely qualifies him to lead the team as CEO and oversee the continued execution of the company's strategy."

Since joining SpinLaunch as a mechanical engineer in early 2015, Wrenn has been instrumental in advancing engineering, system architecture, and business strategy. He ascended from VP of Technology to COO, significantly impacting the company's strategic operations and fundraising efforts.

"I am energized to lead SpinLaunch into this next chapter," said Wrenn. "With the company's experienced leadership and incredibly talented team, I am confident in our ability to execute on the company's mission and bring our integrated tech stack of low-cost space solutions to market. I look forward to sharing more details about our near and long-term strategy in the coming months."

"SpinLaunch's unwavering dedication to excellence and innovation has positioned the business for long-term success," commented Greg McAdoo, tech investment veteran and board member. "With immense momentum, energy, and a strong foundation to build upon, I am eager to continue supporting David and the team as they enter this next phase of the company's evolution."