Space Act Agreement With Nasa

Five agreements were signed between January 2007 and June 2007:[4] Four of the cooperation agreements signed in 2010 have a maximum period of three years. In the fifth, SpaceDev, the period is censored. [8] George Whitesides, CEO of Virgin Galactic, said: “We are pleased to be working with NASA on this private orbital space flight program that will allow us not only to use our space platform, but also to offer our space training infrastructure to NASA and other agencies. Based on the unparalleled level of customer commitments to space we have taken so far, we are proud to share this view in order to develop a new market for the new space economy. We want to bring the global perspective to thousands of people. So far, NASA has released a list of progress bricks obtained solely for SpaceDev[9], and the same Dream Chaser spacecraft is also one of the winners (albeit with different stages) of the CCDev 1[13] and 2[14] The three initiatives of the Space Act Agreement, COTS, CSTC and CCDev, are intended for the development, construction and experimentation of concept designs. , but CSEC differs from the other two initiatives as no funding is available. CSTC agreements are merely instruments that require NASA to strengthen cooperation and provide information and other entities to private sector companies, but this obligation has no financial impact and both parties (nasa and private companies) should themselves guarantee the necessary resources to their respective parts of their activities. [11] As part of the agreement, Virgin Galactic will develop a new private orbital astronaut preparation program. This program includes identifying candidates interested in purchasing private astronaut missions to the ISS, acquiring transportation to the ISS, orbiting resources and Earth resources. Support and coordination of the use of ISS resources will be an important area of integration necessary for any private astronaut mission. The next generation of space travellers is interested in a multitude of space experiments. Drawing on its commercial space training experience, Virgin Galactic believes it can deliver an unparalleled and personalized customer experience for orbiting space.

This press release contains certain forward-looking statements within the meaning of federal securities laws regarding Virgin Galactic Holdings, Inc. (the “company”), including statements about the company`s space systems, markets and expected performance. These forward-looking statements are generally identified by words such as “believe,” “project,” “wait,” “anticipate,” “estimate,” “intention,” “strategy,” “future,” “chance,” “plan,” “may,” “should,” “wants,” “would” and similar expressions. Forward-looking statements are forecasts, forecasts and other statements about future events, based on current expectations and assumptions and therefore subject to risks and uncertainties. Many factors could lead to actual future events being materially different from the forward-looking statements contained in this presentation, including, but not limited to, the factors, risks and uncertainties associated with the company`s business, described in the company`s occasional filings with the Securities and Exchange Commission (SEC).

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