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Leadership Changes at Roccor and Solid Power, Two Industry-Leading Colorado-Based Startups

Doug Campbell Transitions To Full-Time CEO of Solid Power and
Roccor Names Chris Pearson as Next CEO

Changes to Promote Growth and Focus for Both Roccor and Solid Power

LONGMONT, Colo.–(BUSINESS WIRE)–Roccor,
a disruptive military and aerospace component supplier in the rapidly
growing small satellite market, along with Solid
Power
, a developer of all solid-state rechargeable batteries for
electric vehicles, jointly announced today that Chris Pearson has been
appointed as the chief executive officer of Roccor effective January 1,
2019, while Doug Campbell will assume a full-time position as CEO of
Solid Power. Campbell will remain engaged with Roccor in the role of
chairman of Roccor’s board of directors.


Roccor and Solid Power were both co-founded by Campbell in 2012.
Campbell simultaneously led both companies through their founding,
early-stage operations, and into their current high-growth mode. Both
companies have experienced explosive growth over the past several years
as evident by their ranking by BizWest as the third and fourth
fastest growing companies in Colorado during the period 2014 – 2016.

“Both companies have been wildly successful, experiencing considerable
growth within their markets over the past one to two years,” said
Campbell. “It was never my intent to lead both companies forever and now
is the time to transition both to full-time leadership in order to
position them for their next stage of growth. Chris Pearson’s strong
business development background and deep relationships in the aerospace
industry make him exactly the right CEO for Roccor to accelerate the
company’s growth. Similarly, this transition also allows me to focus on
leading Solid Power’s next stage of growth.”

Pearson joined Roccor in March of 2016 as vice president, Space Flight
Programs. A native of the U.K., he began his aerospace career at Airbus
and later joined ABSL. He moved to Colorado in 2004 where he stood-up
the U.S. operations of ABSL Space Products and led the company’s growth
until its acquisition by Enersys in 2011. He later joined Surrey
Satellite Technology U.S. and Moog leading their advanced spacecraft
system programs. Pearson became a U.S. citizen in 2016.

“I joined Roccor because I wanted to be part of building a company from
the ground up,” said Pearson. “Doug Campbell’s vision and leadership
have built a company with a solid foundation, outstanding culture, and
the talent and resources for limitless growth. The opportunity that lies
ahead is vast and the ability to lead this next chapter is humbling and
exhilarating.”

About Roccor: Roccor was founded in 2012 and is based in
Longmont, Colorado. It is a fast-growing, vibrant, high technology
supplier into the aerospace and terrestrial military markets. Roccor’s
novel designs address cost and performance limitations to revolutionize
spaceflight and military operations. The company has contracts with
NASA, the U.S. military, and commercial space companies all around the
world and already has several deployable systems on orbit as of late
2018 and with numerous additional systems delivered and planned for
launch in early- to mid-2019.

About Solid Power: Solid Power was founded in 2012 as a spin-out
business from the University of Colorado Boulder and is based in
Louisville, Colorado. The company is an industry-leading developer of
all solid-state rechargeable batteries with the potential for
substantially greater energy and safety in comparison to current
industry-standard Lithium-ion batteries. An extensive partnership with
BMW was announced in 2017 and the company’s first equity-based
investment round ($20M) was announced in late 2018 that included
investors such as Samsung Ventures, Hyundai, Solvay Ventures, and Volta
Energy Technologies among several others. The company is currently
working to achieve MWh-scale production for its all solid-state battery
technology anticipated by mid-2019.

Contacts

For Roccor
Lisa Metzger
[email protected]
720-771-4238