Sierra Nevada Corporation’s Statement on the Government Accounting Office’s Decision Regarding SNC’s Protest Challenging the Outcome of NASA’s Commercial Crew Transportation Capability Contract Award

SPARKS, Nev., January 05, 2015 – Sierra Nevada Corporation (SNC) was advised today that the U.S. Government Accountability Office (GAO) has denied the company’s protest challenging the outcome of NASA’s  Commercial Crew Transportation Capability (CCtCap) contract award. At this stage, SNC is evaluating the GAO decision. While the outcome was not what SNC expected, we maintain our belief that the Dream Chaser® spacecraft is technically very capable, reliable and was qualified to win based on NASA’s high ratings of the space system. We appreciate the time and effort contributed to this process by the GAO and NASA to fully evaluate such a critical decision for the United States.

The company is privileged to have been part of NASA’s Commercial Space Program since its inception over 8 years ago. SNC remains fully committed to being a part of returning world-class human spaceflight and enhanced cargo capabilities to low-Earth orbit. In doing so, SNC firmly believes that the Dream Chaser will play a central role in shaping the future of space transportation with its unique capabilities which address a wide spectrum of needs. To that end, SNC has submitted its response to NASA’s Commercial Cargo Resupply Services 2 procurement and will continue to support that effort while maintaining its existing mutually beneficial and long-term relationship with NASA.

SNC also plans to further the development and testing of the Dream Chaser and is making significant progress in its vehicle design and test program. In addition, SNC is continuing to expand its existing, while developing new, partnerships domestically and abroad in order to expand the multi-mission flexibility of the system, reduce overall long-term costs of the vehicle and ensure long-term affordability and sustainability for the Dream Chaser. Customers worldwide will benefit from multiple commercial space transportation providers for commercial space access, research and operations.