September 14, 2015

Virgin Galactic’s LauncherOne Increases Payload Performance To Meet Robust Demand

ON TRACK FOR AFFORDABLE, RESPONSIVE SMALL SATELLITE LAUNCH SERVICE WITH DEDICATED CARRIER AIRCRAFT, STATE-OF-THE-ART MANUFACTURING AND DESIGN FACILITY, GROWING TEAM OF 150 AEROSPACE PROFESSIONALS

PARIS, France – September 14, 2015 – Robust demand from the growing small satellite market has led Virgin Galactic to significantly increase the performance of its LauncherOne satellite launch service, the company announced today at the annual World Business Satellite Week in Paris. Driven by strong commercial demand for a launch service that can reliably, affordably, and responsively launch small satellites, Virgin Galactic has nearly doubled the amount of payload that customers can deliver to orbit for the same price.

For a price below US $10 million, LauncherOne will now be able to launch 200 kg into the standard Sun-Synchronous Orbit most commonly desired by small satellite missions, a marked increase from the system’s originally projected performance to that orbit. Customers will also be able to purchase further increases in performance to the same orbit, as well as launches that reach other altitudes or inclinations. To lower LEO orbits, the system will be capable of launching over 400kg of payload.

As an air-launched system, LauncherOne can optimize each mission to customer requirements by operating from any of a variety of launch sites independent from the fixed, often congested, launch ranges and corresponding real-time launch constraints such as weather. Virgin Galactic is in the final stages of acquiring a commercial aircraft to add to its air launch fleet, which includes WhiteKnightTwo, enabling both the increased payload capacity and significantly higher flight rate. The company expects to finalize the acquisition in the coming months.

With a dedicated carrier aircraft and strong technical results achieved in an intensive hardware component testing campaign that began in 2013, this performance increase has been achieved by increasing the tank sizing of the rocket, maintaining schedule and launch price while significantly increasing value to customers. With full, private funding already committed to the program, a dedicated and world-class team of 150 experienced aerospace professionals hard at work, and a state-of-the-art 14,000 m2 (150,000 square foot) manufacturing and design facility in Long Beach, California, LauncherOne remains on target to be the most flexible and responsive launch vehicle to offer affordable, dedicated launches to smaller satellites.

Virgin Galactic revealed that these changes—which have been in work for many months and revealed publicly today—were driven by demand from commercial and government customers. With class-leading payload accommodations and the ability to accommodate both standard and customized form factors, LauncherOne appeals to a broad variety of satellite mission designs. LauncherOne’s customer base includes firms such as global communications company OneWeb, which Virgin Galactic recently signed to one of the largest commercial launch orders in history for flights of its internet service satellites on LauncherOne.

Virgin Galactic CEO George T. Whitesides said, “The market has spoken, and we have listened: we have roughly doubled the payload for our customers without increasing the price. LauncherOne will be ready to meet the rapidly expanding needs of satellite startups, space agencies, and research institutions thanks to the investments we’ve already made in our engines, tanks, avionics, and our production infrastructure. Demand has become so significant that LauncherOne will have its own dedicated aircraft. Small satellites are big business, and we look forward to supporting satellite innovators to make history in space and to improve lives here on Earth.”

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ABOUT VIRGIN GALACTIC

Virgin Galactic is the world’s first commercial spaceline. Founded by Sir Richard Branson and owned by the Virgin Group and Aabar Investments PJS, Virgin Galactic will transform access to space for the benefit of life on Earth. To date, 700 men and women from over 50 countries—greater than the total number of humans who have ever been to space—have reserved places to fly on Virgin Galactic’s reusable space launch system, consisting of carrier aircraft, WhiteKnightTwo and spacecraft, SpaceShipTwo. SpaceShipTwo and WhiteKnightTwo are manufactured and tested in Mojave, California, by its manufacturing wing, The Spaceship Company. Spaceflight operations will be based at Spaceport America in New Mexico, the world’s first purpose-built commercial spaceport. Virgin Galactic is also developing LauncherOne, an affordable dedicated ride to orbit for small satellites. As an air-launched rocket, LauncherOne is designed to provide commercial and government-built satellites a flexible launch service that meets each customer’s specific mission requirements. LauncherOne rockets are designed and manufactured in Long Beach, California, and launches will be conducted from various locations.