SPCE Virgin Galactic

Michelle Kley EVP, Legal, General Counsel & Secretary
Michael Colglazier CEO & Director
George Whitesides Chief Space Officer
Jon Campagna CFO
Call transcript
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Good afternoon. My name is Jason, and I will be your conference operator today. At this time, I would like to welcome everyone to Virgin Galactic's Second Quarter 2020 Earnings Conference Call. [Operator Instructions]. Hosting today's conference call will be Michelle Kley, Executive Vice President, General Counsel and Secretary at Virgin Galactic.

call recorded. today's reminder, a is being As I to Ms. like to conference over turn the would now Kley. Please go ahead.

Michelle Kley

and to Quarter Call. Virgin you, Galactic's Thank good Second XXXX afternoon, Earnings everyone. Welcome Conference

an Executive today XXXX. Jon made and Chief a of release on for today, Financial overview provide available Michael me we Space will Campagna, with our who slide website, remarks. second call Whitesides, Chief the presentation and the Colglazier, On which business Investor and Chief financial prepared Officer; Officer, issued George Officer; press provides are our Relations Earlier a highlights quarter

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are Many differ materially are communication. are actual a statements future result, to projections current factors about future to events and statements events based and risks in could as Forward-looking subject that statements this cause uncertainties. and expectations predictions, from other on and forward-looking the assumptions,

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Michael Colglazier

ones start thanking you at continuing the and Virgin to to healthy loved start Michelle, Galactic. safe. joining today. that and of stay your you each I'd week my like us you, marks good everyone. hope I Today Thank are of and for afternoon, by third

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George Whitesides

Michael. Thanks,

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we Today, So discussion start providing of welcome, Michael, our team. a recap will this incredible areas the of and progress. on thank you main quarter for by the joining

well impact program provide our test flight the as production. on ongoing will of updates operations COVID-XX We then as and on fleet our

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advantages Jon our to more quarter details would results. to this in I about the look CFO, second turn like provide forward you and call now unique future. have the area, I sharing to with our in financial who We Campagna, updates over will

Jon Campagna

Thanks, George.

Slide at XX. Looking

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Michael Colglazier

Thanks, few recapping moments steps. to our I'd like briefly spend next Jon. a

the priority our of remains As and and and safety we health through one times, which our unprecedented operate. number we communities in families employees the navigate these our

include a the phase of will in from test to program advance the rocket-powered X earlier this call, to flight first Spaceport flight, Spaceport mentioned we conduct by powered conducting expected flight second America, the our from to spaceflight expect we is on George the fall. As America which mission next cabin. specialists After that

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will As central for diligent continue will test step-by-step remain we as a flight service. always, with throughout progress commercial focus, approach and safety we prepare the to our program

our As as process from we our data adjust of may each schedule such, flights. test

appreciate George support. advanced Before we sharing our point journey interest and successfully you, technology space in congratulate calls. the this the I'd Thank to incredibly work close We bringing to to work Galactic's commercialization Virgin commercialization us our future the call, everyone, look excited efforts, in to I'm of our forward we and towards including in team earnings of develop inflection you on more George travel. orbital and high-speed as human with space recognize your flight. like call. for today's We participation with on flight joining and


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