PRESS RELEASE

Sierra Nevada Corporation Announces Shipment of Dream Chaser® Flight Vehicle to NASA's Dryden Flight Research Center

SPARKS, Nev., May 13, 2013 – Sierra Nevada Corporation’s (SNC) Space Systems has completed assembly and testing of the Dream Chaser® spacecraft in preparation for shipping the flight vehicle from SNC’s Space Systems headquarters in Louisville, Colo., to NASA’s Dryden Flight Research Center at Edwards Air Force Base, Calif.

Upon arrival at NASA Dryden, the Dream Chaser will continue a series of tests, including runway tow, ground resonance, and a captive carry flight. These tests will be completed before the Dream Chaser flight vehicle’s first autonomous free flight Approach and Landing Test (ALT).

“NASA Dryden has always played a vital role in the testing of American flight vehicles,” said Mark Sirangelo head of SNC’s Space Systems “As the Dream Chaser program takes flight, this unique opportunity to conduct our tests at the same location as the Space Shuttle began its flight brings great pride to our team. We are one step closer to returning U.S. astronauts on a U.S. vehicle to the International Space Station and in doing so continuing the long standing and proud legacy that was the Space Shuttle program.”

The flight tests will help SNC to determine the glide and landing characteristics of the Dream Chaser, the only lifting body vehicle funded under NASA’s Commercial Crew Program. A similar program was completed for the iconic Space Shuttle in 1977 at NASA Dryden when the Space Shuttle Enterprise conducted an ALT as a critical flight test milestone.

In describing the test series Jim Voss, SNC’s vice president of Space Exploration Systems said, “This will be the first full scale flight test of the Dream Chaser lifting body and will demonstrate the unique capability of our spacecraft to land on a runway. Other flight tests will follow to validate the aerodynamic data used to control the vehicle in the atmosphere when it returns from space. This is a huge step forward for the SNC and NASA teams towards providing our nation with safe and reliable transportation to the International Space Station.”

About Sierra Nevada Corporation’s Space Systems
Sierra Nevada Corporation’s Space Systems business area headquartered in Louisville, Colo., designs and manufactures advanced spacecraft, space vehicles, rocket motors and spacecraft subsystems and components for the US Government, commercial customers as well as for the international market. SNC’s Space Systems has more than 25 years of space heritage in space and has participated in over 400 successful space missions through the delivery of over 4,000 systems, subsystems and components. During its history, SNC’s Space Systems has concluded over 70 programs for NASA and over 50 other clients.

About Sierra Nevada Corporation
Sierra Nevada Corporation (SNC), headquartered in Sparks, Nev., is one of America’s fastest growing private companies based on its significant expansion and reputation for rapid, innovative, and agile technology solutions in electronics, aerospace, avionics, space, propulsion, micro-satellite, aircraft, communications systems and solar energy. Under the leadership of CEO Fatih Ozmen and President Eren Ozmen, SNC has a workforce of over 3,000 personnel in 30 locations in 16 states. SNC’s six unique business areas are dedicated to providing leading-edge solutions to SNC’s dynamic customer base.

SNC is also the Top Woman-Owned Federal Contractor in the United States. Over the last 30 years under the Ozmen’s leadership, SNC has remained focused on providing its customers the very best in diversified technologies to meet their needs and has a strong and proven track record of success. The company continues to focus its growth on the commercial sector through internal advancements and outside acquisitions, including the emerging markets of renewable energy, telemedicine, nanotechnology, cyber and net-centric operations. For more information on SNC visit www.sncorp.com.