Exotrail is organizing the redeployment of the firm’s governing bodies to support the company’s new phase of expansion.
As such, Jean-Luc Maria, co-founder and former CTO, succeeds David Henri as Chairman and CEO. David Henri takes on the functions of co-founder and Chief Product Officer in charge of the product marketing and strategy.
Nicolas Heitz and Paul Lascombes, both also co-founders of Exotrail, remain respectively COO and Chief Scientist. Sébastien Duménil, completes the Executive Committee of Exotrail as Chief Commercial Officer.
Founded in 2017, Exotrail has seen its growth and success accelerate over the past 18 months. The company has become the first in the world to successfully demonstrate a Hall technology propulsion system on a satellite weighing less than 100 kg, also operated thanks to the ExoOPS™ software the company is developing.
Exotrail has raised more than 20 million euros and signed numerous contracts with US, European and Asian actors. One of their propulsion systems will fly around the Moon in 2022, on an US satellite built by York Space Systems for Intuitive Machines.
The company is thinking even bigger: Exotrail has doubled the size of its premises in Massy and Toulouse, it is preparing to increase its thruster production capacity (ExoMG™) to more than a hundred per year from 2022. The firm will launch new cloud satellite operations software (ExoOPS™ – Operations) on the market in October, and make investments to become a European leader in space mobility thanks, to its on-orbit service vehicle (SpaceVan™) which will fly at the end of 2023.
To accomplish all of these projects, the company has doubled its teams since January of 2021 and now has 50 employees and is now reorganizing its governance bodies to support this new growth.
“In 4 years, Exotrail has become a key player in European space. We already have more than ten customers in France, Europe, Asia and the USA. By the end of the year, we will have five in-flight missions. We did this in such a short time while remaining true to ourselves and to our values: action, quality and most importantly today, the team at the center of the game. This reorganization demonstrates our agility to support the company at every phase of his life. Our next development steps are focused on in-orbit service, a major issue for the future of space, while continuing to ramp up our historic products,” explained Jean-Luc Maria, Chairman and CEO of Exotrail.
“We have demonstrated over the past 4 years our agility and our ability to execute. Today our ExoMG™ systems and ExoOPS™ software are entering many markets to enable our customers to reduce their launch costs, improve performance and reduce space pollution. Our adventure is that of a team, we prove it even today by reorganizing ourselves to put our qualities where they will make the difference,” added David Henri, Chief Product Officer.