The CEO of Orbex, a UK-based small launch developer, is stepping down from his position. The news was announced on April 7th when the company released a statement confirming the departure.
Andrew Horowitz, the CEO of Orbex, has been in the role since the company’s inception in 2015. During his tenure, he successfully led the company to the launch of their first rocket, Orbital Test Vehicle-1, in October 2020. The launch was a significant milestone for the UK’s burgeoning space industry.
The board of Orbex have thanked Mr Horowitz for his service as CEO during these difficult times and said they are sad to see him go. The company has not made an announcement as to who the new CEO will be, but they have said they are confident in their ability to find a suitable successor.
The company has grown significantly since its early days, with a number of successful launches for their small launch vehicle and a number of cutting-edge products in the works. This news will inevitably lead to questions about the direction of the company going forward.
For his part, Mr Horowitz said that after five years as CEO, he feels it’s the right time to step down and take a break. He says he has confidence in the experienced team at Orbex and is confident they can carry the company forward.
The Orbex team is certainly hoping that Mr Horowitz’s departure doesn’t impede their progress. They have quickly established themselves as one of the leading small launch developers and the UK’s space industry has been quick to recognize the significance of their achievements.
The company will now move quickly to find a suitable successor, and the future of Orbex certainly looks bright. The company remains committed to its mission of expanding access to space technology, and with the right leadership, they could make even greater strides in the months ahead.
Hey Subscribe to our newsletter for more articles like this directly to your email.