Space Agreement Act

April 12, 2021

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.┬áThe National Aeronautics and Space Act gives NASA the unique power to conclude a wide range of “other transactions,” commonly referred to as space alliance agreements (ASAs). The Agency concludes SAAS with various partners to support the objectives of the NASA mission and the program, including international space cooperation activities. For more details, click here. MOJAVE, Calif.–(BUSINESS WIRE)– Virgin Galactic Holdings, Inc. (NYSE: SPCE), a vertically integrated aerospace company, today announced the signing of a space agreement with NASA`s Johnson Space Center to promote commercial participation in the International Space Station`s (ISS) human orbital space while enabling the development of a robust economy. The Open Spaces Agreements (ASA) are a kind of legal agreement established by the National Aeronautics and Space Act of 1958 (and subsequent congressional authorizations) authorizing NASA to cooperate in a single way with any entity authorizing the execution of the government`s mandate. In 2010 again, the authorization of (Pub.L. 111-314 (text) (pdf): “NASA is the world leader in space exploration and we are privileged to work with them to develop and test some of our innovative new space technologies,” said Adam Gilmour, CEO and founder of Gilmour.

Four of the cooperation agreements signed in 2010 have a maximum period of three years. In the fifth, SpaceDev, the period is censored. [8] “However, we realize that launching space is only part of the biggest puzzle,” he added. 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). These bids identify and address other significant risks and uncertainties that could cause the Company`s actual events and results to differ materially from those of the forward-looking statements. Forward-looking statements relate only to the date on which they are made. Readers are cautioned not to improperly rely on forward-looking statements, and the Company, unless required by law, undertakes no obligation or intends to update or revise any forward-looking statements, whether on the basis of new information, future events or other events.