Virgin Galactic Cleared to Fly Following Conclusion of FAA Inquiry
30 September 2021 - 7:15AM
Business Wire
Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or
“Virgin Galactic”), a vertically integrated aerospace and space
travel company, today announced that it is cleared to fly
FAA-licensed spaceflights following the conclusion of an FAA
inquiry that focused on air traffic control clearance and real-time
mission notification related to the Unity 22 flight in July.
The FAA today advised Virgin Galactic that the corrective
actions proposed by the Company have been accepted and conclude the
FAA inquiry, which began August 11, 2021. They include:
- Updated calculations to expand the protected airspace for
future flights. Designating a larger area will ensure that Virgin
Galactic has ample protected airspace for a variety of possible
flight trajectories during spaceflight missions.
- Additional steps into the Company’s flight procedures to ensure
real-time mission notifications to FAA Air Traffic Control.
Michael Colglazier, Chief Executive Officer of Virgin Galactic,
said: “Our entire approach to spaceflight is guided by a
fundamental commitment to safety at every level, including our
spaceflight system and our test flight program. We appreciate the
FAA’s thorough review of this inquiry. Our test flight program is
specifically designed to continually improve our processes and
procedures. The updates to our airspace and real-time mission
notification protocols will strengthen our preparations as we move
closer to the commercial launch of our spaceflight experience.”
Virgin Galactic continues to focus on its pre-flight readiness
for Unity 23. For the latest updates regarding flight timing,
please view the Company’s statement on September 10, 2021.
You can download all press materials including images and
broll from the Virgin Galactic Press Assets.
About Virgin Galactic Holdings
Virgin Galactic Holdings, Inc. is a vertically integrated
aerospace and space travel company, pioneering human spaceflight
for private individuals and researchers with its advanced air and
space vehicles. It is developing a spaceflight system designed to
connect the world to the 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 certain forward-looking statements
within the meaning of federal securities laws with respect to
Virgin Galactic Holdings, Inc. (the "Company"), including
statements regarding the Company’s spaceflight systems, markets and
expected flight schedule. These forward-looking statements
generally are identified by words such as “believe,” “project,”
“expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,”
“opportunity,” “plan,” “may,” “should,” “will,” “would,” and
similar expressions. Forward-looking statements are predictions,
projections and other statements about future events that are based
on current expectations and assumptions and, as a result, are
subject to risks and uncertainties. Many factors could cause actual
future events to differ materially from the forward-looking
statements in this press release, including but not limited to the
factors, risks and uncertainties included in Amendment No. 2 to our
Annual Report on Form 10-K for the fiscal year ended December 31,
2020, 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. These
filings 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. Forward-looking statements speak only
as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and, except as
required by law, the Company assumes no obligation and does not
intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210929005972/en/
For media inquiries: Aleanna Crane - Vice President
Communications Virgingalacticpress@virgingalactic.com +1 575 800
4422
For Investor Relations inquiries: Seth Zaslow - Vice
President Investor Relations seth.zaslow@virgingalactic.com +1 714
732 4780
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