XCOR Announces New Board Members and Advisors

XCOR CEO Jeff Greason
Jeff Greason

MIDLAND, Texas, March 30, 2016 (XCOR PR) – The board of directors at XCOR Aerospace is seeing new additions, and with immediate effect the board welcomes 3 new members: Charles Thomas (Tom) Burbage, Michael Gass and Arthur Bozlee.

Former board members Jeff Greason, Stephen Flemming and Michiel Mol gave up their board seats to allow for these new members. Michiel Mol, XCOR’s biggest shareholder, will remain actively involved in the company’s daily operations.

All new members have prominent previous experience in the air and space industry.

Tom Burbage spent the recent years at Lockheed Martin as on of the company’s Senior Executives with a track record in managing the F-22 program and, until recently, as General Manager for the F-35 Joint Strike Fighter Program.

Michael Gass was former President and CEO of United Launch Alliance (ULA), a joint venture between Lockheed Martin Space Systems and Boeing Defense, Space & Security. ULA was formed in December 2006 by combining R&D capabilities of both companies, providing new spacecraft launch services to the government of the United States, amongst which both the Department of Defense, NASA, as well as other organizations.

Art Bozlee is a well respected specialist in spaceflight, aviation and the impact of technology on society and culture. After many years in large engineering companies he now concentrates on private efforts to put humans in space with private companies.

John H. (Jay) Gibson II, CEO of XCOR Aerospace, underlines the importance of having these new members at XCOR Aerospace, as their insights and experience in the air and space technology industry are crucial for the pioneering sector of reusable rocket-engines and are certain of adding valuable contributions.

“The appointment of these diverse and experienced industry leaders to our Board clearly reflects the transformation XCOR is currently undergoing. With the Lynx i-RLV (Instantly Reusable Launch Vehicle) project coming closer to completion, XCOR is turning from a company of inventors into a well organized aerospace manufacturer with a clear ambition; making space accessible for everyone. The competences and experiences of Tom, Michael and Arthur will play a key part in enhancing XCOR’s future development”, says Gibson.

XCOR’s Advisory Board also welcomes two new members: Michael Lòpez-Alégria and Stuart Witt. Michael Lopez Alegria is a four time veteran astronaut with an extraordinary record of spending over 167 hours in space (In fact, Lopez Alegria’s Extra Vehicular Activities, or ‘space walks’, are only exceeded by one other astronaut).

Stuart Witt, General Director of the Mojave Air and Spaceport, has a deep knowledge and experience of New and Commercial Space and how to operate from regular airfields.

The Board is still chaired by Lieut Gen ret. Ben Droste, former commander of the Royal Netherlands Air Force, whose track record and background illustrates the international reach and ambition of XCOR. Ben was co-founder of Space Expedition Corporation (SXC) that was acquired by, and integrated in XCOR in 2014.

UPDATE: John H. (Jay) Gibson II, CEO of XCOR Aerospace: “Stu Witt has been a good friend to the space industry and XCOR for many years via his leadership role at the Mojave Air and Spaceport. As Stu has transitioned into his next career, we have remained in touch, however, at no point have we gone any further to include Stu taking on an official position within our Advisory Board as announced, and we regret our previous press release wrongfully stated otherwise.”

  • duheagle

    It would seem the new management at XCOR is looking to complete its liquidation of the company’s founders prior to reconstituting it as just another crumb-chaser to the legacy aerospace giants. Why else bring in two new board members who were pretty much single-handedly responsible for, respectively, blowing out both the budgets and schedules for the two largest fighter plane projects in U.S.history (Burbage) and freezing space launch technology into a state of high-cost stasis for most of a decade (Gass). These people have nothing to contribute to XCOR by way of innovation or competitiveness. But I am sure they are formidably well-equipped to tap the old-boy network and lobby the Congress for favors.

  • PK Sink

    Yeah. This does have the feel of rearranging deck chairs while the Titanic is sinking.

  • HyperJ

    So much for Greason staying involved and on the board…

  • Michael Grigoni

    Is Lynx on the scrap heap? The delays intentional in light of restructuring?

  • Michael Grigoni

    Doug, are you under NDA for successors and assigns?

  • mzungu

    I wouldn’t call it the Titanic… Titanic sailed for a few thousand miles, XCOR can’t even move itself to Texas. 😛

  • PK Sink

    FUNNY! (But sad.) I hope better days are ahead for them.

  • mzungu

    Think the PR machine will say they came up with a even better design that’ll be ready in “2 years”… Mark VII? or may be dis time they’ll rename it after some Desert Shrew, like Muad’Dib or something. 😀

  • Charles Lurio

    He’s still a big shareholder, as far as I know.

  • If they are, they’ll reprioritize the work on the RL-10 replacement and other contracts with more obvious payouts.

  • Douglas Messier

    No. Not that I’m aware of. I’m not concerned about these moves. I think XCOR is in pretty good shape overall.

    There will be an update at Space Access next week. We’ll see where things are on schedule.

  • Henry Vanderbilt

    Whoops! Missed this on the first pass, and now it’s a dormant discussion.

    But, for the record, I think people are taking counsel of their fears here, in a lack of data. There’s a bit more on why I think so, and what I think is actually going on (my guess, the new guys are to improve XCOR’s mainline-aerospace cred to build confidence for big deals and/or big investments) over at Rand Simberg’s place, where I did hit the discussion still underway: http://www.transterrestrial.com/?p=63987