SpinLaunch, a trailblazing space company revolutionizing low-cost access to space, unveils a change in leadership to propel its next phase of growth and commercialization of innovative space solutions.

1. Leadership Transition Announcement:

   • David Wrenn, current COO, appointed as SpinLaunch's new CEO, effective immediately.
   • Founder & former CEO Jonathan Yaney completes transition, endorsing Wrenn's elevation.

2. Rationale Behind Leadership Change:

   • Strategic shift towards customer development and go-to-market execution drives leadership transition.
   • Wrenn's exemplary track record and deep understanding of SpinLaunch's business and technology position him as a natural choice for CEO.

3. Endorsements from Board Members:

   • Dómhnal Slattery, Chairman of the Board, highlights Wrenn's history of success and strategic vision.
   • Greg McAdoo, SpinLaunch board member, commends the company's dedication to excellence and innovation under Wrenn's leadership.

4. David Wrenn's Background and Contributions:

   • Founding member of SpinLaunch, joining as a mechanical engineer in 2015.
   • Instrumental in key developments across engineering, system architecture, and business strategy.
   • Previously served as VP of Technology and COO, playing pivotal roles in fundraising and strategic operations.

5. Vision for SpinLaunch's Future:

   • Wrenn expresses confidence in the company's ability to execute its mission and bring low-cost space solutions to market.
   • Promises to unveil near and long-term strategies to capitalize on SpinLaunch's momentum and talent.

The appointment of David Wrenn as CEO marks a pivotal moment for SpinLaunch as it embarks on its next chapter of growth and innovation in the space industry. With a solid foundation and a talented team, Wrenn is poised to lead SpinLaunch to new heights, leveraging its cutting-edge technology and unwavering commitment to excellence. Stay tuned for exciting developments as SpinLaunch accelerates its journey towards revolutionizing space access.