Elliott

Match welcomes two new directors to its board following collaborative discussions with Elliott Management

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Tinder-owner Match Group has appointed two new members to its board of directors and signed an agreement with Elliott Management, the company announced on Monday. Chief marketing officer at Instacart, Laura Jones, and Zillow co-founder Spencer Rascoff, will be joining the board, effective immediately. Match said in a press release that the appointments followed a “a constructive dialogue” with the activist investor, as the two companies have entered in an “information-sharing” agreement. “We appreciate the collaboration with management and the Board over the past several months, and we are confident that Laura Jones and Spencer Rascoff are strong additions to the Board. The activist investor’s push for change at the dating firm follows board shakeups at Crown Castle and Etsy.

“Revolutionizing the Aerospace Industry: In Orbit’s Mission as the Preferred Third-Party Logistics Partner for Science and Beyond”

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In Orbit Aerospace wants to be the third party logistics provider for science and industryTwo year old space startup In Orbit Aerospace wants to be the third party logistics provider for Earth to space commerce – and to get there, the company just closed a new agreement to validate key technical capabilities on the International Space Station. The El Segundo, California-based company is developing orbital platforms and re-entry vehicles to enable mass manufacturing and research in space. “Automation and robotics is the backbone of industrial manufacturing on Earth,” CEO Ryan Elliott said in a statement. On a slightly longer scale, In Orbit is aiming to launch a second mission in 2026 and then partner with a spacecraft provider to host a manufacturing lab on orbit. In Orbit is expecting that its core customers will be manufacturers, who will want to outsource on orbit hosting.