Steve Isakowitz April 25, 2016 Company Overview

SpaceShipTwo

LauncherOne Space Experiences SpaceShipTwo

Virgin Galactic Confidential and Proprietary 3 Only 553 people have ever been to space View of Our Planet from Space Experience Weightlessness

Exhilarating Ride Fulfuling a Dream Future Astronauts

Virgin Galactic Confidential and Proprietary 6 Suborbital Research Payloads

Maximum Suborbital Research Microgravity Microgravity Maximum Maximum Flight Pressurized Usable Payload Capability Time Quality (g) g-load Apogee Frequency Volume 1300 lbs. (600kg) 500 ft^3 (14 m^3) 3-4 minutes 10^-3 to 10^-5 ~5 110km Daily

Virgin Galactic Confidential and Proprietary 7 SpaceShipTwo WhiteKnightTwo

Hybrid Propulsion Manufacturing / Mojave Test Facilities / Mojave

Test Pilots Design & Production Team Satellite Launch Fast Growing Smallsat Market

Smallsat Market On Contract

39 satellites With option for 100 more

Over 12 satellites Ref: Spaceworks in science & tech Ref: Spaceworks 11 60o

37o 55o Highly Responsive WFF 28.5o MHV

SLF 500 kg to o KOA 20 LEO

60o 102o 300 kg to

97.4o SSO

Sample Mission Profiles Shown: Additional Capabilities Possible

12 LauncherOne Configuration

Second Stage 59 inch Outer Diameter Composite Structure Multi-Payload Configuration s Possible Payload Shroud First Stage Composite Structure 72 inch Outer Diameter Composite Structure

NewtonThree 73,500 pounds thrust NewtonFour LOX/RP-1 Pump-Fed Engine 5,000 pounds thrust LOX/RP-1 Pump-Fed Engine Propulsion Carrier Aircraft

Structures Avionics Long Beach Facility Mojave Test Site

Advanced Manufacturing World-Class Team Emerging Commercial Space Industry

Virgin Galactic Proprietary Commercial Space Industry

Source: Tauri Group, “Start-Up Space” Report, 2016 NASA’s Role

Customer Supplier Partner • NASA Flight Opportunities • NASA Space Act • NASA Collaborative Program Agreements Opportunities Program

• NASA Venture Class Launch • LEO Development post-ISS Services Program

Commercial companies benefit NASA, and NASA benefits commercial companies. The relationship is complementary, not competitive. Together, we open space to change the world for good