Virgin Orbit on Target for Next Launch Window to Open June 29
June 24 2022 - 8:05AM
Business Wire
Highlights:
- Dress rehearsals complete, payload-rocket mating
successful
- June 29 marks the opening of the launch window for the
company’s fourth overall mission
- Is lead-in to historic U.K. launch planned for later this
year
Virgin Orbit (Nasdaq: VORB)’s launch system is in place at the
Mojave Air and Space Port. The dress rehearsals are complete, and
the company remains on track for its upcoming Straight Up launch,
with a launch window opening on June 29 at 10 pm PDT.
The launch will support the United States Space Force’s STP-S28A
mission and carry payloads for the Department of Defense (DOD)
Space Test Program (STP). The target orbit for Straight Up is
approximately 500 km above the Earth’s surface at a 45-degree
inclination. Virgin Orbit is the first company to achieve this feat
from California through its Above the Clouds launch which was
completed earlier this year.
As of the date of this release, Tyler Grinnell, Vice President
of Test, Flight and Launch for Virgin Orbit, advises that
everything is going according to plan and remains on schedule in
preparation for the company’s fourth mission.
“Our hardware is in top-notch condition, and the team is
performing exceptionally, as we prepare for our first night-time
launch,” Grinnell said. “The perspective we’ve gained from each
previous launch is really paying off now. Our crews in the sky and
on the ground are ready to further our mission of getting our
customers’ satellites precisely where they need to go.”
To track the launch, and get real time updates and information
about the launch day public livestream, follow Virgin Orbit on
LinkedIn, Twitter @virginorbit, and 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 delivered commercial, civil, national
security, and international satellites into orbit. Virgin Orbit’s
LauncherOne rockets are designed and manufactured in Long Beach,
California, and are air-launched from a modified 747-400 carrier
aircraft that allows Virgin Orbit to operate from locations all
over the world in order to best serve each customer’s needs. Learn
more at www.virginorbit.com and visit us on LinkedIn, on Twitter
@virginorbit, and on Instagram @virgin.orbit.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of the federal securities laws, including with
respect to the expected Brazilian space activities and launches.
These forward-looking statements generally are identified by the
words “believe,” “project,” “expect,” “anticipate,” “estimate,”
“intend,” “strategy,” “future,” “opportunity,” “plan,” “may,”
“should,” “will,” “would,” “will be,” “will continue,” “will likely
result,” and similar expressions. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to the Company’s ability to access sources of capital; its
ability to grow market share in the developing space economy;
market acceptance of its current and planned products and services
and ability to achieve sufficient production volumes, as well as
the factors, risks and uncertainties included in the Company’s
Quarterly Report on Form 10-Q for the period ended March 31, 2022,
as well as in the Company’s subsequent filings with the Securities
and Exchange Commission (the “SEC”), accessible 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 put undue reliance on forward-looking statements,
and Virgin Orbit assumes 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 gives no assurance that it will achieve its expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20220624005076/en/
Linda Rivera Linda.rivera@virginorbit.com +1-323-316-6499
Amanda Horn Amanda.horn@4media-group.com +1-775-636-2567
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