Press Release

Sierra Nevada Corporation Completes Dream Chaser® Space System Integrated Systems Safety Review Passes CCiCap Initiative Milestone Six

SPARKS, Nev., December 23, 2013 – Sierra Nevada Corporation (SNC) announces the successful completion of the second Dream Chaser® Space System (DCSS) Integrated Systems Safety Analysis Review, marking the company’s completion of NASA’s Commercial Crew Integrated Capability (CCiCap) initiative Milestone six. This critical safety review evaluated not only the Dream Chaser spacecraft, but also the launch vehicle, vehicle integration and the ground and mission systems, which comprise the entire DCSS.

Milestone six represents a major step forward in the maturation of the systems safety and reliability analysis, which is critical to achieving a safe and effective design of the DCSS. During the milestone review, SNC provided NASA with significant and detailed systems safety analysis products including hazard analysis and failure tolerance analysis of the entire DCSS.

“Our Dream Team, which includes our strategic industry partners, noted universities and NASA centers around the country, is making significant strides to prepare the Dream Chaser Space System for its first orbital flight,” said Mark N. Sirangelo, corporate vice president and head of SNC’s Space Systems. “The completion of this safety milestone is a vital program and developmental achievement that advances the program considerably. By successfully passing two critical cornerstone safety milestones in 2013, we have established a path for the Dream Chaser to safely transport U.S. astronauts to and from low-Earth orbit.”

Dream Chaser builds on NASA’s extensive human spaceflight heritage by adopting key lessons learned from programs such as Apollo, the space shuttle, the International Space Station, and Constellation, in the design and operations of the DCSS.

The first DCSS Integrated Systems Safety Analysis Review was held in early 2013, providing NASA its first look at the DCSS safety and reliability analysis products. Since that time, SNC has worked closely with NASA to find opportunities for improvement, and has made significant updates to the design of the vehicle aimed at improving safety and reliability.

"It is very exciting to see SNC incorporating NASA's lessons learned throughout the past 50 years to ensure our astronauts are able to fly safely to and from low-Earth orbit," said Kathy Lueders, acting manager of NASA's Commercial Crew Program. "SNC, like all of our partners, has found innovative ways to make spaceflight safer."

SNC is working with NASA’s Commercial Crew Program to develop a next-generation crew transportation vehicle. Dream Chaser is the only reusable, lifting-body human spacecraft with a commercial runway landing capability, anywhere in the world. The Dream Chaser spacecraft is on the forefront of the commercial human spaceflight industry, offering safe, reliable and cost-effective crew and critical cargo transportation to low-Earth orbit.

About SNC

SNC is a trusted global leader in aerospace and national security. Our innovative solutions enable connected protection through command, control and communications systems, as well as ISR, cyber, electromagnetic spectrum management, and other high capabilities for national security systems across all domains – sea, land, air, space and cyber. As a longstanding leader in defense technology, SNC is at the optimum intersection of commercial, defense and non-traditional contractors. We are one of the only privately owned mid-tier A&D contractors and we pride ourselves on our ability to invest early and often to ensure mission success on or ahead of schedule. It's part of our mission to always stay one step ahead; working on solutions today to solve the problems of tomorrow. Founded in 1963, SNC is owned by Chairwoman Eren Ozmen and CEO Fatih Ozmen.

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