Biography

Rick Ambrose has served as a member of our Board since October 2026. He currently serves on the board of directors of Textron Inc. (NYSE: TXT). Since December 2022, he has served as a Senior Director at SDR Ventures, and since September 2022, he has served as the President of Ambrose Advisors, LLC. From October 2022 to December 2023, he served as a Senior Advisor at McKinsey & Company. He retired in March 2022 as the Executive Vice President—Space of Lockheed Martin Corporation, a global security and aerospace company, where he led Lockheed Martin’s $12 billion Space business. Prior to this role, which he assumed in 2013, he served as President, Lockheed Martin Information Systems & Global Solutions-National from 2011 through 2012 and as Vice President & General Manager, Lockheed Martin Surveillance & Navigation Systems, a line of business within Space, from 2006 through 2010. He joined Lockheed in 2000 as Vice President & General Manager, Lockheed Martin Ground Systems and served as President, Lockheed Martin Maritime Systems & Sensors Tactical Systems from 2004 to 2006. Prior to joining Lockheed Martin, Mr. Ambrose served as President and General Manager of the Space Systems Division at Hughes Information Systems (which merged with Raytheon C3I Systems in 1997). We believe Mr. Ambrose is qualified to serve as a director given his leadership experience in the aerospace industry and financial expertise.