Virgin Orbit appoints Stephen Zhang as VP of Investor Relations –

The new vice president of investor relations brings years of experience in public company financing to Virgin Orbit. He will work closely with investors and advise the management team in its newly established role as a publicly traded company.

LONG BEACH, Calif.–(BUSINESS WIRE)–Virgin Orbit (Nasdaq: VORB) is pleased to announce the arrival of Stephen Zhang as the company’s Senior Vice President of Investor Relations. Zhang will work as the company’s primary liaison with the investment community, while serving as a key advisor to the management team. He will also manage the compensation process and other shareholder matters as part of the company’s comprehensive investor relations program.

“We are extremely happy to have Stephen on our team. He brings extensive investor relations experience, with a particular focus on the aerospace and defense sectors,” said Dan Hart, CEO of Virgin Orbit. “It is crucial that we have him on our team to help build and grow meaningful relationships with stakeholders at this exciting stage of the business. He is an effective communicator who does an excellent job of telling our story and is integral to our future direction.

Prior to joining the Virgin Orbit team, Zhang was director of investor relations at Raytheon Technologies, where he supported the company’s management team in engaging major shareholders. Zhang helped guide the company through several transformational corporate initiatives and a merger of equals with Raytheon Company to form Raytheon Technologies.

Zhang graduated Magna Cum Laude from the University of Massachusetts, Amherst with a bachelor’s degree in finance and operations management. He began his career at United Technologies Corporation (UTC) as an Associate in the Financial Leadership Program. In 2011, he joined the Pratt and Whitney division of UTC, where he was promoted to positions of increasing responsibility over the years.

Zhang also served as a volunteer primary contact on the United Technologies Corporation Inclusion Committee. He has held similar volunteer positions with the Diversity and Inclusion group at Pratt and Whitney and the United Way outreach group.

“I’m excited to be part of the next phase of Virgin Orbit’s evolution,” Zhang said. “As a newly public company, it is imperative for us to communicate our story effectively, credibly and consistently to the investment community. Our story is powerful enough – opening space for good – anytime, anywhere and in any orbit. The differentiated technology, along with the innovative team that makes up Virgin Orbit, is what drew me to the company and its vision. I am thrilled to be part of the journey and look forward to unlocking our full potential as we grow the business. »

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 put commercial, civilian, national security and international satellites into orbit. Virgin Orbit’s LauncherOne rockets are designed and manufactured in Long Beach, Calif., and are launched from a modified 747-400 carrier aircraft that allows Virgin Orbit to operate from locations around the world to better respond to needs of each client. Learn more about www.virginorbit.com and visit us on LinkedIn, on Twitter @virginorbit and on Instagram @virgin.orbit.

Caution Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are generally identified by the words “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity “, “plan,” “may,” “should,” “will,” “would,” “will,” “will,” “will likely,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release, including, but not limited to, the Company’s ability to access sources of capital; its ability to increase its market share in the developing space economy; market acceptance of its current and anticipated products and services and its ability to achieve sufficient production volumes, and the factors, risks and uncertainties included in the company’s quarterly report on Form 10-Q for the period ended on March 31, 2022, and in the Company’s subsequent filings with the Securities and Exchange Commission (the “SEC”), available on the SEC’s website at www.sec.gov and the Investor Information section of the Company’s website at www.virginorbit.com. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Virgin Orbit undertakes 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 does not guarantee that it will meet its expectations.

contacts

Linda Rivera

Senior Communications Officer, Virgin Orbit

Linda.Rivera@virginorbit.com
323 316 6499

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