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Sierra Space CEO steps down

  • Sierra Space CEO Tom Vice has retired from the company as of December 31, 2024, according to CNBC.
  • Sierra Space has not yet launched its reusable cargo spaceplane, Dream Chaser, which is crucial for its industry position.
  • The company experienced layoffs and executive turnover during Vice's tenure, with Fatih Ozmen serving as interim CEO now.
  • Sierra Space plans to go public in late 2025, although it is uncertain if this will proceed under new leadership.
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