LAUNCHERONE: REVOLUTIONARY ORBITAL TRANSPORT FOR SMALL SATELLITES

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William Pomerantz, A.C. Charania, Steve Isakowitz, Brian Morse, Kevin Sagis 13 August 2013 LAUNCHERONE: REVOLUTIONARY ORBITAL TRANSPORT FOR SMALL SATELLITES 2

VG Overview World s first spaceline Privately funded US company, using US technology, and employing US persons at US R&D and Manufacturing facilities Building and operating three vehicles: SpaceShipTwo (SS2): air-launched sub-orbital spacecraft for 8 passengers (2 crew, 6 customers). Designed by Scaled Composites / NG; Built by Virgin Galactic. LauncherOne (L1): air-launched orbital launch vehicle for small satellites (~500 lbs). Designed and Built by Virgin Galactic. WhiteKnightTwo (WK2): Air-launch platform for carrying SS2 and L1 to 50,000 feet for safe release. Designed by Scaled Composites / NG; Built by Virgin Galactic. 3

SPACESHIPTWO (SS2) 4

SpaceShipTwo (SS2) Mission Profile 5

SpaceShipTwo First Powered Flight April 29, 2013 Release Altitude: 47,000 feet (45 minutes into flight) Max. Altitude: 55,000 feet Max. Speed: Mach 1.2 (Supersonic) Engine Burn Time: 16 seconds Virgin Galactic, Proprietary LLC Proprietary Data 6

LAUNCHERONE 7

LauncherOne (L1) System Small satellite launch vehicle designed by Virgin Galactic Utilizes the WhiteKnightTwo (WK2) carrier aircraft air launch platform (drop at 50kft) Carry ~200kg satellites into LEO for <$10M/launch Initial capability in CY2015, full commercial operations in CY2016 Leverages Virgin Galactic commercial capability to distribute costs Delivers significant responsive launch capability 8

LauncherOne Overview FIRST STAGE SECOND STAGE PAYLOAD Approaches Designed to prioritize simplicity and functionality Two stage design minimizes complexity Mature liquid propulsion engines designed for low cost construction with extensive development and test Simple, low-cost composites structure Simple and integral fail-safe Automated Flight Safety System VG Proprietary 9

LauncherOne (L1) Initial Commercial Customers and Partners 10

Preliminary Payload Accommodation Designed for easy integration of ESPA-class payloads Configurable for dedicated primary or multiple primary payloads Composite payload fairing with access doors and RF window installation Scalable for various levels of service (e.g. power, telemetry, etc.) Scalable for various CubeSat dispenser systems (e.g. 3U, 6U, etc.) Draft Payload User s Guide to be released in 2013 11

LauncherOne Value Proposition LOW COST Simple design with ample margin Technical demos early to lower risks before full-scale development Maximize use of existing assets to spread fixed costs Higher flight rate with combined USG/Comm l market DEDICATED Fast, responsive integration with launch vehicle (rapid alternate to second payload launch) Reduce contract time to orbit EVOLVABLE Scalable capability for various payload classes Designed for nanosatellite launch for Cubesats COMMERCIAL SYNERGY Shares costs with existing and funded commercial development Syncs with National Space Policy on fostering commercial launch Supports future commercial applications 12

LauncherOne Revolutionary Orbital Transport for Small Satellites