Sierra Nevada Corporation's Dream Chaser Team Successfully Completes First Milestone as Part of NASA

"We have gotten off to a great start by rapidly completing our Program Implementation Plan Review with the NASA Commercial Crew Program management. We agreed to the plan for accomplishing a significant amount of hardware development, testing and the reviews necessary to advance the Dream Chaser Space System toward orbital flight. We will continue to retire risk and make significant progress in completing a safe and reliable spacecraft for NASA astronauts," said Jim Voss, vice president of SNC's Space Exploration Systems, which is producing the Dream Chaser.

SNC also is preparing to conduct its first Approach and Landing Test, mirroring the flight test of NASA's space shuttle Enterprise. That test is scheduled for later this year and will be completed in conjunction with Dream Chaser's NASA Dryden Flight Research Center team at the historic Edwards Air Force Base.

About Sierra Nevada Corporation's Space Systems

Sierra Nevada Corporation's Space Systems business area headquartered in Louisville, Colorado, 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 Space Systems has concluded over 70 programs for NASA and over 50 other clients. For more information about SS visit www.sncspace.com .

About Sierra Nevada Corporation

Sierra Nevada Corporation (SNC) is one of America's fastest growing private companies. Under the leadership of CEO Fatih Ozmen and Chairman and President Eren Ozmen, SNC employs over 2,100 people in 31 locations in 16 states. SNC's six unique business areas are dedicated to providing leading-edge technology solutions to SNC's customers. For more information visit www.sncorp.com .

SOURCE: Sierra Nevada Corporation