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Firefly shakes up board of directors

The smallsat rocket company Firefly, only a month or so from the first orbital test flight of its Alpha rocket, has drastically changed its board of directors, removing its main financial backer from the Ukraine and replacing him with Americans.

Among those no longer on the board is Firefly’s financial savior, Polyakov, who has dual Ukrainian-British citizenship and lives in Edinburgh. This is a substantial change, as it moves the company’s key financial backer from a role as a decision maker to that of a stockholder. Markusic said Polyakov has the rights of a stockholder but that Firefly’s board now directs the company. Polyakov remains Firefly’s largest shareholder.

“These changes are part of the logical growth and development of Firefly,” Polyakov told Ars. “I’m extremely proud of what we have accomplished to date. Moving forward, I have the utmost confidence in Tom, his team, and the new board members.”

Some concerns had previously been raised about Polyakov’s background. This move, however, is more due to having an all-American board of directors, which should bolster Firefly’s efforts to work with the defense community.

Essentially, the company and Polykov have moved Polykov out of a sensitive position so as to make the company seem more palatable to the federal government. His presence on the board would have likely made it difficult to win any government contracts. Making him in name just a stockholder will reduce that issue.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

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