Virgin Orbit Announces Rebranding of National Security Branch and Introducing New Board Members

LONG BEACH, Calif.–(BUSINESS WIRE)–Virgin Orbit (Nasdaq: VORB), a leading satellite launch provider, today announced the rebranding of its national security arm. Formerly “VOX Space”, Virgin Orbit’s wholly-owned US subsidiary engaged with national security organizations in the United States and its allies will now do so as “Virgin Orbit National Systems”.

Since its inception in 2017, the Virgin Orbit National Systems team has developed and delivered services to the national security and intelligence communities, focused on defending and protecting the United States and its allies through responsive space-based capabilities. Virgin Orbit. To date, Virgin Orbit has launched ten national security payloads on its three successful flights. Each of these launches was contracted through its subsidiary Virgin Orbit National Systems.

Additionally, Virgin Orbit National Systems announced that it has welcomed a new member to its Board of Directors: Major General Craig R. Cooning, (USAF, Ret.). General Cooning is a former chairman of Boeing’s Space and Network Systems, an $8.5 billion annual revenue company with more than 10,000 employees and customers worldwide providing space exploration, satellites, missile defense , autonomous vehicles and cyber defense. He also served as Chairman of the Board of United Launch Alliance, a joint venture owned by Lockheed Martin and Boeing.

Virgin Orbit CEO Dan Hart remarked“We have built Virgin Orbit National Systems as a team of deep experts to meet the unique demands of this critical set of mission partners. As the name makes clear, Virgin Orbit National Systems is an integral part of our family. Virgin Orbit, with all the tools, processes and expertise to get the job done effectively and efficiently. We view our work serving the national security community as an important part of our business and our purpose.”

President of Virgin Orbit National Systems Brigadier General Mark Baird (retired USAF) added: “By further aligning the brand under which we serve our national security customers with the rest of Virgin Orbit’s established market presence, we demonstrate our laser focus on supporting our mission partners’ readiness.” national security space. I am delighted to welcome our newest board member, General Craig Cooning, to our Virgin Orbit National Systems Board of Directors, where he will join General Susan Mashiko. Our team is committed to meeting the changing mission demands of the national security community.

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 about www.virginorbit.com and visit us at LinkedInon Twitter @virginorbitand on Instagram @virgin.orbit.

Caution Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. 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 planned products and services and its ability to achieve sufficient production volumes, as well as the factors, risks and uncertainties included in the company’s annual report on Form 10-K filed March 31 2022, as well as 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. These filings identify and address other important risks and uncertainties that could cause the Company’s actual events and results to differ materially from those contained in the forward-looking statements. 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 gives no assurance that it will meet its expectations.

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