Space Act Agreements Nasa

Virgin Galactic has already developed a bespoke Future Astronaut Readiness program for its customers who fly from Spaceport America in New Mexico. Virgin Galactic`s space experiment could play an important role in training for orbital travel, allowing passengers to become familiar with the space environment like G and zero-G forces. Spaceport America, Virgin Galactic`s original base, is used for some elements of the training program and uses facilities designed for training private astronauts. The three initiatives of the Space Act Agreement, COTS, CSTC and CCDev, aim to develop, develop and test design concepts, but CSEC differs from the other two initiatives in that it lacks funding. CSTC agreements are only instruments that oblige NASA to strengthen cooperation and support private sector companies with information and other institutions, but this obligation has no financial implications and both parties (NASA and private companies) should themselves guarantee the necessary resources for their respective parts of the activities. [11] So far, NASA has released a list of progress stones achieved only for SpaceDev,[9] and the same Dream Chaser spacecraft is also one of the winners (but with different milestones) of the CCDev 1[13] and 2[14] MOJAVE, California-(BUSINESS WIRE) towers -Virgin Galactic Holdings, Inc. ( SPCE) («Virgin Galactic» or «the Company»), a vertically integrated aerospace company, today announced the signing of a Space Act agreement with NASA`s Johnson Space Center to promote commercial participation in manned space to the International Space Station (ISS), while enabling the development of a robust economy in low orbit. The Agency finalizes SAAs with various partners to advance NASA`s mission and program objectives, including international space activities. [2] Five agreements were signed between January 2007 and June 2007:[4] In addition to these two initiatives, NASA concluded five other agreements in the area of commercial space transport operations (CSEC). [not checked in body] «We are pleased to coincide with NASA in this private orbital space program that allows us not only to use our space platform, but also to offer our space training infrastructure to NASA and other agencies,» said George Whitesides, CEO of Virgin Galactic. Based on our customers` unparalleled space commitments we have made so far, we are proud to share this knowledge in order to create another market for the new space economy.

We want to bring the planetary perspective to thousands of people. 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 worded such as «believes,» «projects,» «expects,» «anticipates,» «estimates,» «intends,» «strategy,» «opportunity,» «plans,» «may,» «should,» «becomes,» «would» and similar expressions. Forward-looking statements are forecasts, forecasts and other statements about future events, based on current expectations and assumptions, which are therefore subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this presentation, including, but not limited to, factors, risks and uncertainties regarding the Company`s business, described in the company`s documents filed from time to time with the Securities and Exchange Commission (SEC). These submissions 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. .