Senior Vice-President & Chief Financial Officer CPA, Previously Vice President and CFO for SES Engineering, Deloitte alumni

In a move that positions the company for rapid growth, The Elwing Company announces the appointment of Michael Rist, formerly of SES Engineering as its Chief Financial Officer and Senior Vice President.

“I can’t tell you how excited I am to have Mr. Rist on board,” said Greg Emsellem, CEO. “His extensive financial management background and expertise in the satellite industry promises to be critical to the future of Elwing.”

At SES, Mr. Rist was a key member of the top management team charged with consolidating the technical operations of SES market-facing businesses Astra, Americom, and New Skies. One of the largest operators of geosynchronous communications spacecraft, SES operates 49 satellites with teleports and offices around the world.

The Elwing Company develops, manufactures and commercializes advanced satellite propulsion systems. A prime promoter of electrodeless plasma thruster technology, it is the exclusive holder of multiples patents on this breakthrough, in 20+ jurisdictions.

A privately-held American company founded in 2002, The Elwing Company has offices, affiliates and subsidiaries in the U.S. and in Europe.