Virgin Orbit Receives U.K.’s First Orbital Launch License; All LauncherOne Systems Green for Upcoming Mission
22 Diciembre 2022 - 7:00AM
Business Wire
The U.K. Civil Aviation Authority has issued launch and range
control licenses to Virgin Orbit (Nasdaq: VORB) to undertake the
first satellite launch from UK soil. The granting of these licenses
represents a major step forward for the historic Start Me Up
mission, and reflects the CAA’s concurrence that all reasonable
steps have been taken by Virgin Orbit to ensure the desired safety,
security, and environmental stewardship of what is expected to be
the first orbital launch ever conducted from western Europe.
Virgin Orbit’s LauncherOne system is currently at Spaceport
Cornwall in the U.K. and preparing to roll out to mate to its
747-400 carrier aircraft for final launch rehearsals and,
ultimately, for the Start Me Up mission itself. In the past week,
Virgin Orbit’s engineering and technician team has re-established
and verified the system’s health and readiness for spaceflight.
Working with the mission’s payload customers, batteries onboard
several satellites were re-charged late last week, keeping the nine
satellites on the manifest in good condition to launch to orbit and
begin operations.
With these licenses in hand, Virgin Orbit is now working in
close collaboration across all mission stakeholders with the aim of
opening the first orbital launch window in western European
history, targeting a window start date in the coming weeks.
In the words of our CEO, Dan Hart, “Receiving Virgin Orbit’s
range and launch licenses takes us one step closer to the first
satellite launch take-off from U.K. soil. This is a major milestone
for the CAA, and represents the successful completion of an
enormous effort, which has included the construction of new
regulations, new processes, and new teams.
“At this time, all of Virgin Orbit’s systems are green for
launch. Our team is laser-focused on execution of final checkouts,
launch rehearsal, and ultimately launch, and we will continue
working with our friends and partners across agencies and
governments to be ready to light this candle once a launch window
is finalized.”
ABOUT VIRGIN ORBIT
Virgin Orbit Holdings, Inc (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 Holdings, Inc 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. 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 September 30,
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 Holdings, Inc 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 Holdings, Inc gives no assurance that it
will achieve its expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20221222005278/en/
MEDIA ENQUIRIES: Alison
Patch Sr. Dir. of Communications, Virgin Orbit +1-949-616-2504
alison.patch@virginorbit.com
Matt Shelnutt PR Specialist, 4media +1- 479-236-3468
matt.shelnutt@4media-group.com
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