Recent and Upcoming Project Milestones

2008 Highlights

• 01/08 WhiteKnightTwo, SpaceShipTwo Unveiled
• 04/08 10-Year Agreement with UP Aerospace Signed
• 04/08 MOUs signed to Operate at Spaceport America with UP Aerospace, Lockheed Martin, and Microgravity Enterprises
• 05/08 DMJM Infrastructure Design Completed
• 08/08 Lockheed Martin R&D Launch
• 09/08 Spaceport Road Construction Begins
• 10/08 Armadillo Aerospace Wins Lunar Lander Challenge
• 10/08 Rocket Racing, Inc., Armadillo Aerospace Announce Manufacturing in Las Cruces and Operations at Spaceport America
• 10/08 Spaceport Tax District Formed
• 12/08 EIS Record of Decision
• 12/08 WhiteKnightTwo Successful First Flight
• 12/08 FAA License Granted
• 12/08 Virgin Galactic 20 Yr. Lease Signed

2009 Outlook

1. Environmental (EIS) Data Recovery
2. Spaceport America Institute Formation
3. Completion of the External Road
4. On-Site Construction RFPs & Ground Breaking
5. Student Launch Programs
6. Vertical Launch Operations
7. Recruit Additional Customers
8. Tourism & Welcome Center Development

Funding Profile
Phase 1 Construction Maximum Cost: $225 million

• $140 million State of NM
• $58 million Local Communities
• $27 million TBD - Federal, Grants, Private