Sierra Nevada Corporation Completes Dream Chaser® Milestones for Commercial Crew Integrated Capabilities Program

SPARKS, Nev., April 25, 2013 – Sierra Nevada Corporation’s (SNC) Space Systems has successfully completed two milestones as part of NASA's Commercial Crew Integrated Capability (CCiCap) phase of the agency’s Commercial Crew Program. SNC completed the Program Implementation Review, providing NASA with detailed plans for advancing the Dream Chaser® crew transportation system towards a critical design state. SNC also completed an Integrated System Baseline Review that communicated the post-Preliminary Design Review maturity of the baseline Dream Chaser® orbital crew vehicle, mission systems, ground systems, and United Launch Alliance's Atlas V launch vehicle.

“The successful completion of these milestones resulted in affirmation that the Dream Chaser® Space System design meets its mission requirements as we work towards rebuilding the United States’ capability to fly astronauts into low Earth orbit,” said Jim Voss, vice president of SNC's Space Exploration Systems. “Both CCiCap milestones offered us the opportunity to communicate SNC's detailed development plans, as well as to receive and incorporate NASA's comments and feedback.”

SNC was awarded $212.5 million by NASA in August 2012 and to date has received over $330 million by NASA’s Commercial Crew Program. The funding represents the agency's co-investment in furthering the development of the Dream Chaser® Space System design to carry crew and critical cargo to and from the International Space Station. The Dream Chaser orbital crew vehicle is scheduled to complete its first free flight test in conjunction with NASA's Dryden Flight Research Center at Edwards Air Force Base in Calif., in 2013.

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