LONG BEACH, Calif.--(BUSINESS WIRE)--May 17, 2023--
SpinLaunch, a pioneering space company enabling rapid and sustainable low-cost access to space, has announced that aerospace-industry veteran Matthew Mejía has joined the company as Chief Financial Officer and Chief Strategy Officer. Mejía comes to SpinLaunch with more than 20 years’ experience in aerospace finance, investment banking, consulting, and executive leadership, as well as a successful record of raising and deploying billions of capital in the aerospace industry.
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Matthew Mejía, new Chief Financial Officer and Chief Strategy Officer of innovative space company, SpinLaunch (Photo: Business Wire)
As CFO & CSO, Mejía will play a critical role in accelerating SpinLaunch’s commercial and strategic growth by driving the company’s financing and business development initiatives. He will also lead the advancement and execution of the company’s go-to-market strategy delivering an integrated suite of launch, satellite, and service offerings.
“Matthew is a proven CFO and Strategy Officer with a long track record of raising significant capital and commercializing disruptive space solutions. His passion for the industry and combination of financial and market experience will bring significant value to our company,” said Jonathan Yaney, Founder and CEO, SpinLaunch. “His strategic guidance will be instrumental as we continue to expand our technology capabilities and bring massive disruption to the market.”
SpinLaunch, founded by Yaney in 2014, is revolutionizing access to space by building a ground-based, electric-powered mass accelerator launch system that can deliver a substantially less expensive and environmentally sustainable method to place constellations of small satellites into Low Earth Orbit (LEO). In the last year, SpinLaunch also created a new product line of small satellite buses in the 20 kg-200 kg size class that complements its low-cost and high-cadence approach to space and meets upcoming LEO constellation needs.
“SpinLaunch understands that to truly realize and unlock the trillion-dollar space economy, we must ensure accessing and operating in space becomes far more affordable, frequent, and ultimately, sustainable,” said Matthew Mejía, CFO and CSO, SpinLaunch. “No other company is disrupting the entire space ecosystem with that vision, and I am thrilled to join Jonathan and his team to build on the incredible innovation that has captivated the industry.”
Mejía’s experience spans aerospace and defense, finance, management consulting and investment banking, including senior leadership positions at Sierra Space, Aerion Supersonic, and Renaissance Strategic Advisors. Through his expertise, he has gained a keen knowledge of the aerospace and defense markets and, importantly, the capital markets interested in investing in the future of space.
About Matthew Mejía
Matthew Mejía has served in leadership positions in leading corporate, finance, and consulting firms working in aerospace and defense. Most recently he served as Chief Strategy & Development Officer of Sierra Space, supporting the commercial space firm’s $1.4B Series A funding and emergence as a newly independent company. Previously, he was the CFO and EVP Strategy & Investor Relations at Aerion Supersonic and a managing partner and co-owner of Renaissance Strategic Advisors, one of the leading consultancies supporting premier firms in the aerospace, defense, space, intelligence, and government services. In addition, Matthew held leadership positions at Booz Allen Hamilton and Charles River Associates as well as First Equity, a boutique investment firm focused on aerospace & defense advisory and merchant banking activities. He has also advised presidential appointees at the United States Departments of Defense and Justice on industrial base issues and major mergers & acquisitions involving leading aerospace & defense companies.
Matthew is a graduate of the Jerome Fisher Management & Technology program at the University of Pennsylvania, earning a Bachelor of Science in Economics from Wharton and a BAS, Systems Engineering degree from the School of Engineering & Applied Science. He is a past fellow at the NASA Glenn Research Center and was a student private pilot.
SpinLaunch is a space technology company committed to revolutionizing access to space by enabling the rapid, cost-effective deployment of launch, satellites, and services. Founded in 2014 by Jonathan Yaney, SpinLaunch is headquartered in Long Beach, California, and has conducted a series of successful flight tests on its Suborbital Accelerator, located at Spaceport America. The company has also created a new product line of small satellite buses that complements its low-cost and high-cadence approach to space and meets upcoming LEO constellation needs. The company is supported by partners including ATW Partners, Kleiner Perkins, Airbus Ventures, and GV.
For more information, please visit https://www.spinlaunch.com/.
View source version on businesswire.com:https://www.businesswire.com/news/home/20230517005323/en/
CONTACT: Media: Diane Murphy (Diane@AquariusGroup.net); Tel: +1.310.658.8756
Marketing: Jan Helbing (Jan@SpinLaunch.com)
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: ENGINEERING SATELLITE TECHNOLOGY AEROSPACE TRANSPORT MANUFACTURING OTHER TRANSPORT
SOURCE: SpinLaunch
Copyright Business Wire 2023.
PUB: 05/17/2023 09:00 AM/DISC: 05/17/2023 09:01 AM
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