Invoice Weber is out as chief govt at Firefly Aerospace, following an almost two-year stint within the position, the maker of launch autos, lunar landers, and orbital autos introduced late Wednesday.

Whereas the board initiates a seek for a brand new CEO, board member Peter Schumacher will function interim CEO, the corporate mentioned in a press release revealed on its web site. A Transition Committee will help within the search. 

Weber joined the corporate after it was acquired by non-public fairness big AE Industrial Companions in February 2022. A longtime aerospace govt, Weber beforehand served as CEO of KeyW Company, a intelligence and analytics supplier to U.S. protection and intelligence prospects, and president of presidency providers firm XLA.  

The information of his departure comes simply two days after Payload revealed a narrative that the corporate was investigating allegations of an inappropriate relationship between Weber and a feminine worker. On the time, a Firefly spokesperson reportedly instructed Payload that “our preliminary findings don’t assist any info behind this hypothesis.”  

A spokesperson declined to specify whether or not Weber’s departure was associated to this reported investigation, citing firm coverage. Weber didn’t instantly reply to TechCrunch’s request for remark. 

Firefly is one among a handful of firms seeking to seize a better share of the launch market from opponents like SpaceX and Rocket Lab with its small Alpha rocket. The corporate can also be creating a lunar lander referred to as Blue Ghost, which is because of launch for the primary time later this yr, and a collection of orbital switch autos designed to extend in-space mobility for satellites. 

In Might, Bloomberg reported that AEI and different backers had been contemplating promoting the Texas-based agency in a deal that may worth the corporate at $1.5 billion.