Virgin Orbit Names Stephen Zhang as first VP of Investor Relations

Boeing 747 Cosmic Girl (Credit: Virgin Orbit)

LONG BEACH, Calif., June 21, 2022 (Virgin Orbit PR) — Virgin Orbit (Nasdaq: VORB) is pleased to announce the addition of Stephen Zhang as the company’s first Vice President of Investor Relations. Zhang will work as the company’s primary liaison to the investor community, while serving as a key advisor to the leadership team. He will also manage the earnings process and other shareholder-related matters as part of the company’s comprehensive investor relations program.

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The Satellite Applications Catapult, Horizon Technologies, and Virgin Orbit Accelerate the UK Small Satellite Market with a New Launch Agreement for Cornwall 2022

LauncherOne ignites after being dropped from Cosmic Girl. (Credit: Virgin Orbit)

DIDCOT, UK (Satellite Applications Catapult PR) The Satellite Applications Catapult (“the Catapult”) and Virgin Orbit (“Virgin Orbit”, Nasdaq: VORB), a leading launch provider, have announced an agreement to launch the latest satellite in the Catapult’s In-Orbit Demonstration (IOD) programme into space from the United Kingdom later this year.

The satellite, called Amber-1, is a partnership between the Catapult and Horizon Technologies. Built by AAC Clyde Space in Scotland, it will be launched by Virgin Orbit’s LauncherOne on its historic flight from Spaceport Cornwall this year – a mission that is expected to mark the first ever orbital launch from a United Kingdom spaceport.

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Virgin Orbit Suffers Net Loss of $157.3 Million in 2021

LauncherOne ignites after being dropped from Cosmic Girl. (Credit: Virgin Orbit)
  • Successfully launched 7 customer satellites onboard its LauncherOne rocket during the Above the Clouds mission on January 13, 2022, the company’s third successful launch.
  • Full year 2021 revenue increased to $7.4 million, up from $3.8 million in the prior year period.
  • Growing backlog of contracts, including selection by NASA’s launch service program to support the agency’s VADR missions.
  • Completed its going public transaction and began trading on the Nasdaq stock exchange on December 30, 2021.

LONG BEACH, Calif. (Virgin Orbit PR) — Virgin Orbit (Nasdaq: VORB) (“Virgin Orbit” or the “Company”), the responsive launch and space solutions company, today announced its financial results for the fourth quarter and full year ended December 31, 2021.

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Virgin Orbit to Launch First Welsh Satellite From UK Spaceport Summer 2022

LauncherOne ignites on its way to space. (Credit: Virgin Orbit)

LONG BEACH, Calif. & CARDIFF, Wales (Virgin Orbit PR) — Leading launch company Virgin Orbit (Nasdaq: VORB) and European in-space manufacturing tech start-up Space Forge announce today an agreement to launch the first satellite developed in Wales in summer 2022.

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Virgin Orbit Adds Distinguished Spaceflight Engineering Executive Amid Operations Scale Up

LONG BEACH, Calif., JANUARY 28, 2022 (Virgin Orbit PR) — Leading US-based space launch and space services company Virgin Orbit (Nasdaq: VORB) announced today the addition of industry leader Dr. Candace Givens as its new Vice President of Engineering. Dr. Givens joins the Virgin Orbit team as the company scales up its flight rate to accommodate high demand seen from commercial customers, the national security community, the international community, and NASA.

Dr. Givens joins a team that has uniquely demonstrated the ability to bring new technology to spaceflight and move it into regular launch operations—Having now completed their third commercial spaceflight and having deployed 26 satellites during the first 12 months of operations. In her role as Vice President of Engineering Dr. Givens will work closely with Virgin Orbit chief engineer and senior vice president of technology Kevin Sagis who has been instrumental in developing, proving and establishing the air-launched LauncherOne System. 

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NASA Selects Virgin Orbit to Provide Future Launch Services Through VADR Contract

LONG BEACH, Calif., January 27, 2022 (Virgin Orbit PR) — Virgin Orbit (Nasdaq: VORB) announced today its selection by NASA’s Launch Services Program to provide launch services for the agency’s Venture-Class Acquisition of Dedicated Rideshare (VADR) missions. The fixed-price indefinite-delivery/indefinite-quantity contract will leverage commercial satellite launch practices, and together with the flexibility afforded by Virgin Orbit’s LauncherOne system enables more efficient launch timelines, mission-tailored orbits, and competitive costs.

“This contract award is a great step forward for commercial space,” said Dan Hart, CEO of Virgin Orbit. “The VADR contract vehicle now provides a platform for NASA to more easily contract for flights on our LauncherOne service. That means it will be easier than ever for us to work with NASA to provide targeted and economic access to space, maximizing the science gains from their small satellite missions and enabling ever greater technological innovation.”

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Virgin Orbit Begins Trading on NASDAQ After Merger with NextGen Acquisition Closes

LauncherOne ignites after being dropped from Cosmic Girl. (Credit: Virgin Orbit)

LONG BEACH, Calif. & BOCA RATON, Fla. (NextGen Acquisition/Virgin Orbit PR) — NextGen Acquisition Corp. II (NASDAQ: NGCA) (“NextGen”) today announced the closing of its business combination with Vieco USA, Inc., the parent company of Virgin Orbit (“Virgin Orbit” or the “Company”).

As of the closing of the transaction, which was approved by NextGen stockholders on December 28, 2021, NextGen has changed its name to “Virgin Orbit Holdings, Inc.” Virgin Orbit’s common stock and warrants are expected to begin to trade on the NASDAQ Stock Market (“NASDAQ”) on December 30, 2021, under the ticker symbols “VORB” and “VORBW”, respectively.

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NetGen Acquisition Corp. II Sets Vote on Virgin Orbit Merger

  • Special meeting of stockholders of NextGen Acquisition Corp. II scheduled for December 28, 2021 at 9:00 a.m. Eastern time
  • Upon closing, Virgin Orbit will be listed on NASDAQ under the new ticker symbol “VORB”
  • The boards of directors of Virgin Orbit and NextGen Acquisition Corp. II have unanimously approved the Business Combination

LONG BEACH, Calif. & BOCA RATON, Fla., December 08, 2021 (Virgin Orbit/NextGen Acquisition II PR) — NextGen Acquisition Corp. II (NASDAQ:NGCA) (“NextGen”) today announced that its Registration Statement on Form S-4 in connection with the previously announced business combination (the “Business Combination”) with Vieco USA, Inc., the parent company of Virgin Orbit (“Virgin Orbit” or the “Company”), the responsive launch and space solutions company, has been declared effective by the Securities and Exchange Commission (the “SEC”).

NextGen has set December 28, 2021 at 9:00 a.m. Eastern time for a special meeting of stockholders to approve the proposals associated with the Business Combination. The proxy statement to its stockholders is available at:  https://www.sec.gov/Archives/edgar/data/0001843388/000121390021063966/f424b31221_nextgenacq2.htm.

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Virgin Orbit and NextGen Announce Director Nominees to Virgin Orbit Board of Directors

LONG BEACH, Calif. and BOCA RATON, Fla., 29 NOVEMBER, 2021 (Virgin Orbit PR) — Virgin Orbit, a leading responsive launch and space solutions company and NextGen Acquisition Corp. II (“NextGen”) (NASDAQ: NGCA), a special purpose acquisition company that has announced a planned business combination with Virgin Orbit, today announced the nominees for the board of directors of the combined company Virgin Orbit Holdings, Inc. (“Virgin Orbit Holdings”).

The Virgin Orbit Holdings board will be convened upon the closing of the business combination, which is subject to shareholder approval and other customary closing conditions. Virgin Orbit Holdings will retain the Virgin Orbit name and its common stock is expected to trade on the NASDAQ exchange under the new ticker “VORB”.

Virgin Orbit Holdings director nominees bring decades of strategic, financial, operational, industry and public company governance leadership.

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