VIRGIN ORBIT ON TARGET FOR NEXT LAUNCH WINDOW TO OPEN ON JUNE 29

Strong points:

  • Dress rehearsals completed, successful payload-rocket coupling
  • June 29 marks the opening of the launch window for the company’s fourth global mission
  • Is the historic UK launch slated for later this year

LONG BEACH, Calif. — June 24, 2022 — The Virgin Orbit (Nasdaq: VORB) launch system is in place at the Mojave Air and Space Port. Dress rehearsals are over and the company remains on track for its next Directly launch, with a launch window opening on June 29 at 10 p.m. PDT.

The launch will support the US Space Force’s STP-S28A mission and will carry payloads for the Department of Defense’s (DOD) Space Test Program (STP). The target orbit for Directly is about 500 km above the Earth’s surface with an inclination of 45 degrees. Virgin Orbit is the first company to achieve this feat from California with its Above the Clouds launch which completed earlier this year.

As of the date of this release, Tyler Grinnell, Vice President of Tests, Flights and Launches for Virgin Orbit, says everything is going according to plan and remains on schedule in preparation for the company’s fourth mission.

“Our hardware is in excellent condition and the team is performing exceptionally well as we prepare for our first night launch,” Grinnell said. “The perspective we gained from each previous launch is really paying off now. Our teams in the sky and on the ground are ready to continue our mission to get our customers’ satellites precisely where they need to go.

To follow the launch and get real-time updates and information on the launch day public live stream, follow Virgin Orbit on LinkedInTwitter @virginorbitand on Instagram @virgin.orbit.

About Virgin Orbit

Virgin Orbit (Nasdaq: VORB) operates one of the most flexible and responsive space launch systems ever built. Founded by Sir Richard Branson in 2017, the company began commercial service in 2021 and has already put commercial, civilian, national security and international satellites into orbit. Virgin Orbit’s LauncherOne rockets are designed and manufactured in Long Beach, Calif., and are launched from a modified 747-400 carrier aircraft that allows Virgin Orbit to operate from locations around the world to better respond to needs of each client. Learn more at www.virginorbit.com and visit us on LinkedIn, on Twitter @virginorbit and on Instagram @virgin.orbit.

Caution Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of federal securities laws, including with respect to expected Brazilian space activities and launches. These forward-looking statements are generally identified by the words “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity “, “plan,” “may,” “should,” “will,” “would,” “will,” “will,” “will likely,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release, including, but not limited to, the Company’s ability to access sources of capital; its ability to increase its market share in the developing space economy; market acceptance of its current and anticipated products and services and its ability to achieve sufficient production volumes, and the factors, risks and uncertainties included in the company’s quarterly report on Form 10-Q for the period ended on March 31, 2022, and in the Company’s subsequent filings with the Securities and Exchange Commission (the “SEC”), available on the SEC’s website at www.sec.gov and the Investor Information section of the Company’s website at www.virginorbit.com. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Virgin Orbit undertakes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information , future events or otherwise. Virgin Orbit does not guarantee that it will meet its expectations.

contacts

Linda Rivera
Senior Communications Officer, Virgin Orbit
[email protected]
+1-323-316-6499

Amanda Horn
[email protected]
+1-775-636-2567

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