Synthetic aperture radar startup Capella Space is replacing founder Payam Banazadeh with a new CEO that will start at the end of the month, the company said Tuesday morning.
He will be replaced by aerospace executive Frank Backes, who will assume the role on October 23. Banazadeh will continue to serve on Capella’s board. Backes previously held roles as senior VP at Kratos Defense and Security Solution’s federal arm and CEO of Braxton Science and Technology Group.
Developing…