• Transaction cements strategic partnership between SatRevolution and Virgin Orbit
• The total Series B fundraise is estimated to close at $30 million
• Investment values SatRevolution at $150 million

PARIS, 14 DECEMBER 2021 (Virgin Orbit/SatRevolution PR) – SatRevolution S.A. (“SatRev or the “Company”), a Polish developer and manufacturer of nanosatellites and nanosatellite technologies, today announced that it has secured Series B funding (the “Transaction”) from Virgin Orbit, the US-based responsive launch and space solutions company that has announced a planned business combination with NextGen Acquisition Corp. II (“NextGen”) (NASDAQ: NGCA). The Transaction values SatRev at approximately $150 million, and will support SatRev’s business development.

MOJAVE, Calif. (Virgin Orbit PR) — Coming off flawless back-to-back launches, the Virgin Orbit team has settled into a steady flight preparation rhythm with LauncherOne. [Earlier today], the fully assembled rocket that will carry our next customers’ satellites to space has left our rocket factory in Long Beach and headed up to the bare concrete pad at the Mojave Air and Space Port that serves as all the spaceport we need. Already, the rocket has been mated to the customized 747 that serves as our flying launch pad, mobile mission control, and fully re-usable first stage all at once.

LONG BEACH, Calif., June 29, 2021 (Virgin Orbit PR) — Virgin Orbit, the California-based responsive launch company, announced today it has signed a new Memorandum of Understanding (MOU) that will expand its relationship with SatRevolution, the low-cost small satellite manufacturer and space services company based in Wrocław, Poland. The new agreement, which comes as two SatRevolution satellites are in the final countdown for launch on Virgin Orbit’s LauncherOne system, lays the groundwork for the launch of hundreds of additional satellites as well as the joint development of integrated mission services, and other potential areas of collaboration.  

LONG BEACH, Calif. (Virgin Orbit PR) — The Virgin Orbit team is excited to share an update on timing for our upcoming mission, Tubular Bells: Part One!   When With wet dress rehearsal successfully completed, our team is proceeding through the final routine items on our pre-flight checklist. We’re coordinating with our stakeholders to identify the final preferred targets for launch, with an eye on June 30th or the early days […]