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Bill Weber is out as chief administrator at Firefly Aerospace , surveil a nearly two - class stretch in the role , the Divine of   launching vehicles , lunar landers and orbital vehicles announce later Wednesday .

While the board originate a lookup for a fresh CEO , board appendage Peter Schumacher will suffice as interim CEO , the company articulate in a statementpublished on its website . A Transition Committee will assist in the search .

Weber fall in the troupe after it was acquire by private equity monster AE Industrial Partners in February 2022 . A longtime aerospace executive , Weber antecedently swear out as CEO of KeyW Corporation , an intelligence activity and analytics supplier to U.S. defence and intelligence customers , and president of government table service society XLA .

The news of his divergence comesjust two Clarence Shepard Day Jr. after Payloadpublished a storey that the ship’s company was investigating allegations of an inappropriate relationship between Weber and a distaff employee . At the time , a Firefly spokesperson reportedly tell Payload that “ our initial findings do not abide any facts behind this conjecture . ”

A spokesperson declined to narrow down whether Weber ’s departure was related to this reported probe , citing company policy . Weber did not immediately reply to TechCrunch ’s request for comment .

Firefly is one of a handful of companies looking to clutch a greater share of the launch market from competitors like SpaceX and Rocket Lab with its little Alpha rocket . The company is also developing a lunar lander called Blue Ghost , which is due to set up for the first time afterwards this yr , and a suite of orbital transferral vehicles plan to increase in - space mobility for satellites .

In May , Bloomberg reportedthat AEI and other backers were considering selling the Texas - based firm in a deal that would value the fellowship at $ 1.5 billion .

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