Financial Data and Key Metrics Changes - The company reported a GAAP net loss of $94 million for Q2 2021, compared to a loss of $72 million in the same period of 2020, attributed to changes in the fair value of warrants and increased stock-based compensation [57] - Free cash flow was a use of $66 million, slightly higher than the prior guidance of approximately $60 million, primarily due to accelerated marketing expenses [54] - Cash and cash equivalents stood at over $1 billion at the end of Q2 2021, adjusted for proceeds from a recent equity offering [52] Business Line Data and Key Metrics Changes - Revenue generated in the quarter was $571,000, related to payloads flown on Unity 21 and technical milestones [55] - Total GAAP operating expenses increased to $74 million from $63 million in the prior year, mainly due to higher noncash stock-based compensation [56] Market Data and Key Metrics Changes - The Unity 22 flight garnered over 19 million viewers globally, indicating strong consumer interest and engagement [10][21] - The company has seen an influx of traffic to its website, with over 125,000 people from 190 countries donating to a nonprofit initiative related to space [22] Company Strategy and Development Direction - The company aims to operate a near-daily cadence of spaceflights from multiple locations worldwide, necessitating a significant increase in manufacturing capacity [48] - Plans to build a Delta Class of spaceships capable of turning around in one-week intervals are underway, alongside the development of a next-generation mothership [32][49] - The company is focused on enhancing the customer experience, creating a community for future astronauts, and building a campus for training and accommodations [43][44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the significant untapped market for space tourism and the company's ability to attract space enthusiasts [11] - The company is focused on completing its flight test and enhancement programs, expanding its fleet, and capturing consumer demand [60] - Management acknowledged the ongoing pandemic as a potential risk factor but emphasized the robust plans in place for scaling operations [104] Other Important Information - The company plans to open ticket sales for private astronaut flights starting at $450,000 per seat, with additional offerings for families and full flight buyouts [13][25] - The Unity 23 flight is expected to take place in late September, focusing on microgravity research and professional astronaut training [29] Q&A Session Summary Question: What is the capital expense for building out the campus? - The company is in the design phase and has not disclosed specific costs yet, but it will align with the volume of people taken to space [66] Question: When should we expect the Delta Class ships to be ready for commercial service? - The Delta Class ships are crucial for ramping up operations, but specific timelines were not provided [71] Question: What factors will influence the decision for the next spaceport location? - The company will consider various global locations, focusing on unique experiences and community benefits [80] Question: What types of experiments fit within the microgravity experience? - The company aims to open a new market for human-tended microgravity research, which is significantly calmer and more accessible than traditional options [85] Question: How dynamic will the pricing be for tickets? - The starting price is set at $450,000, with a focus on value and repeat experiences for customers [95][100]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38202 Virgin Galactic Holdings, Inc. (Exact name of registrant as specified in its charter) | Delaware | 85-3608069 | | --- | --- | ...

V1RG1NG9L8CT1C FIRST QUARTER 2021 INVESTOR UPDATE 05.10.2021 S IM BEINE + + ** DISCLOSURES FORWARD‐LOOKING STATEMENTS This presentation 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 expected spaceship rollout and flight schedule. These forward‐looking statements generally are identified by words such as "believe," "project," "expect," "anticipate," "estimat ...

Virgin Galactic Holdings, Inc. (NYSE:SPCE) Q1 2021 Earnings Conference Call May 10, 2021 5:00 PM ET Company Participants Seth Zaslow - Vice President and Head-Investor Relations Michael Colglazier - Chief Executive Officer Mike Moses - President-Space Missions and Safety Swami Iyer - President, Aerospace Systems Doug Ahrens - Chief Financial Officer Conference Call Participants Robert Spingarn - Credit Suisse Myles Walton - UBS Ron Epstein - Bank of America Oliver Chen - Cowen Pete Skibitski - Alembic Globa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38202 Virgin Galactic Holdings, Inc. (Exact name of registrant as specified in its charter) | Delaware | 85-3608069 | | --- | --- | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-38202 ____________________________ Virgin Galactic Holdings, Inc. (Exact name of registrant as specifi ...

V1RG1NGALACTIC F O U R T H Q U A R T E R A N D F U L L Y E A R 2 0 2 0 I N V E S T O R U P D AT E 0 2 . 2 5 . 2 0 2 1 D I S C L O S U R E S FORWARD-LOOKING STATEMENTS This presentation 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 expected spaceship rollout and flight schedule. These forward-looking statements generally are identified by words such as "beli ...

Virgin Galactic Holdings, Inc. (NYSE:SPCE) Q4 2020 Earnings Conference Call February 25, 2021 5:00 PM ET Company Participants Seth Zaslow – Vice President and Head-Investor Relations Michael Colglazier – Chief Executive Officer Mike Moses – President-Space Missions and Safety Jon Campagna – Chief Financial Officer Conference Call Participants Robert Spingarn – Credit Suisse Myles Walton – UBS Ron Epstein – Bank of America Dan Berglund – Goldman Sachs Oliver Chen – Cowen Pete Skibitski – Alembic Global Advis ...

VIRGINGAL FOT Third Quarter 2020 Investor Update November 5, 2020 Disclosures Forward-Looking Statements This presentation 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 performance. These forward-looking statements generally are identified by words such as "believe," "project," "expect," "anticipate," "estimate," "i ...

Virgin Galactic Holdings, Inc. (NYSE:SPCE) Q3 2020 Earnings Conference Call November 5, 2020 5:00 PM ET Company Participants Michelle Kley – Executive Vice President of Legal, General Counsel & Secretary Michael Colglazier – Chief Executive Officer Mike Moses – President, Space Missions and Safety Jon Campagna – Chief Financial Officer Conference Call Participants Adam Jonas – Morgan Stanley Robert Spingarn – Credit Suisse Myles Walton – UBS Ron Epstein – Bank of America Oliver Chen – Cowen Noah Poponak – G ...