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Stephen Pearce
Chief Executive Officer - emtensor, Inc.
Stephen Pearce, CEO of EMTensor Inc.
Stephen Pearce is currently the Chief Executive Officer of EMTensor Inc., a company he joined in February 2020 as a turnaround CEO.1 In this role, he has been responsible for:
- Quickly discovering that EMTensor's product was a technological dead end and had poor product-market fit1
- Recruiting inexpensive resources, PhDs, and experienced product developers to redesign the technology1
- Discovering true markets for the decade-old startup and imagining, prototyping, and characterizing a solution that delivers unprecedented performance and competitive differentiation1
- Securing $8 million in funding to date, with a further $13 million promised over 3 years, enabling key investments to catapult the company's value to unicorn status within 6 years and into the region of $100 billion in value within a decade1
- Identifying hundreds of VCs and defining milestones to secure their investment, with a plan to reach that in less than a year1
Prior to EMTensor, Pearce held several other leadership positions, including:
- VP & General Manager (site lead) at Kratos Defense & Technology Solutions, where he implemented lean startup principles to drive exponential growth, delivering $18.1 million in sales (101% growth) and $6.4 million in new product sales (35% of total) within a year1
- CEO of Carbonix, Australia's largest manufacturer of long-range drones, where he significantly increased the company's enterprise value from $9 million to $22.5 million through a successful capital raise and growth in sales2
Pearce is an internationally renowned aviation expert with over 35 years of experience in commercial and military aircraft design and production.2 He holds an Executive MBA in addition to his engineering degree and is a Chartered Engineer and Fellow of Engineers Australia.2