Virgin Galactic Announces ‘Galactic 01’ Crew Onboard the First Commercial Spaceflight

Italian Air Force and National Research Council Crew To Conduct Scientific Research Experiments

‘Galactic 01’ Target Flight Date is June 29, 2023

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the crew of its first commercial spaceflight, ‘Galactic 01,’ with a target flight date of June 29, 2023. The three-person crew from the Italian Air Force and National Research Council of Italy will board VSS Unity for a 90-minute flight to conduct a series of suborbital science experiments.

Please visit the Virgin Galactic website for the full press release and further information.

Press materials clear for your use can be accessed via the Virgin Galactic Press FTP, including:

• ‘Galactic 01’ crew bios and profile shots
• Research fact sheet
• Pilot bios
• Previous flight images and b-roll

Virgin Galactic will share a global livestream of the spaceflight on VirginGalactic.com beginning at 9:00 AM MT / 11:00 AM ET on the day of the flight.

About Virgin Galactic

Virgin Galactic is an aerospace and space travel company, pioneering human spaceflight for private individuals and researchers with its advanced air and space vehicles. It has developed a spaceflight system designed to connect the world to the love, wonder and awe created by space travel and to offer customers a transformative experience. You can find more information at https://www.virgingalactic.com/.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our spaceflight systems, expected flight schedule, timing of commercial launch, validation of the astronaut experience, and achievements of our spaceflight crew are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at www.virgingalactic.com, which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.