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Virgin Orbit National Systems Welcomes Major General Kim Crider to the Board

By: via Business Wire

Virgin Orbit (Nasdaq: VORB) welcomes Maj. Gen. Kim Crider as the newest board member to its wholly owned subsidiary engaged with national security organizations in the United States and its allies, Virgin Orbit National Systems.

Virgin Orbit National Systems, formerly known as VOX Space, is a U.S.-incorporated subsidiary of Virgin Orbit that provides the U.S. national security community and allied nations with responsive, dedicated and affordable launch services for small satellites bound for Low Earth Orbit. The appointment of Crider brings the board to three total members, all of whom having been leaders in national security space and former USAF Major Generals.

“We are very pleased to welcome such a distinguished leader as Kim Crider to the Virgin Orbit family and to The Virgin Orbit National Systems Board,” said Dan Hart, Virgin Orbit CEO. “We look forward to working together and gaining the benefit of her experience and insights as we continue to support the vital missions of the national security space community at this critical time.”

“We're excited Kim Crider is joining our board. She's a recognized subject matter expert and thought leader across military and commercial space, cyber, and data security services. Together with our current Board members, Craig Cooning and Susan Maskiko, she'll help us accelerate our objective to be a vital and trusted mission partner to the National Security community,” President of Virgin Orbit National Systems, Mark Baird, said.

Crider brings many years of experience as a leader and member of the United States Air Force. She served on active duty for eight years and as a reservist for more than 27 years. Her prior work includes Chief Technology Innovation Officer for the United States Space Force and Chief Data Officer for the United States Air Force.

During her time in the Air Force, Crider was awarded several major awards and decorations, including a Defense Meritorious Service Medal, Air Force Meritorious Service Medal with five oak leaf clusters, Air Force Commendation Medal with two oak leaf clusters and an Air Force Achievement Medal with oak leaf cluster. She received her bachelor’s degree in electrical engineering from Duke University and holds a graduate certification in organizational behavior from Harvard University.

ABOUT VIRGIN ORBIT

Virgin Orbit (Nasdaq: VORB) operates one of the most flexible and responsive space launch systems ever built. Founded by Sir Richard Branson in 2017, the company began commercial service in 2021, and has already delivered commercial, civil, national security, and international satellites into orbit. Virgin Orbit’s LauncherOne rockets are designed and manufactured in Long Beach, California, and are air-launched from a modified 747-400 carrier aircraft that allows Virgin Orbit to operate from locations all over the world in order to best serve each customer’s needs. Learn more at www.virginorbit.com and visit us on LinkedIn, on Twitter @virginorbit, and on Instagram @virgin.orbit.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” 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 Company’s ability to access sources of capital; its ability to grow market share in the developing space economy; market acceptance of its current and planned products and services and ability to achieve sufficient production volumes, as well as the factors, risks and uncertainties included in the Company’s Annual Report on Form 10-K filed on March 31, 2022, as well as in the Company’s subsequent filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC’s website at www.sec.gov and the Investor Information section of the Company’s website at www.virginorbit.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 Virgin Orbit 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. Virgin Orbit gives no assurance that it will achieve its expectations.

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