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FOR IMMEDIATE RELEASE
22 August 02
SAN DIEGO, CA, USA

LANDMARK DECISION CLEARS WAY FOR FIRST COMMERCIAL LUNAR FLIGHT


TransOrbital, Inc. has become the first private company in the history of space flight to win approval from the U.S. government to explore, photograph, and land on the moon. The company expects to launch its Trailblazer Mission from the Baikonur Cosmodrome in Kazakhstan within the next 9-12 months.

The approvals and licensing by the U.S. State Department and the National Oceanographic and Atmospheric Administration (NOAA) position TransOrbital as the only company presently authorized by the U.S. Government to return to the moon. Once launched, the Trailblazer will provide stunning, high-definition (HDTV) video and maps of the lunar surface (at 1 meter resolution), as well as new images of earth-rises over lunar craters. Additionally, the Trailblazer mission should provide the opportunity to view the equipment left behind from past Apollo and Russian landings. The mission will culminate with the delivery of a time capsule containing personal cargo from Earth (such as messages and photographs), and a final "barnstorming" video as the probe impacts the lunar service.

The media collected during the mission will provide TransOrbital with an array of content vital to future scientific and exploratory endeavors, as well as educational and entertainment uses.

"We're not returning to the moon simply to explore… we're returning because there are true opportunities there - true revenue streams," said Dennis Laurie, TransOrbital CEO.

The regulatory approval is a significant hurdle for commercial space enterprises, as they must satisfy a number of design requirements and directives. For TransOrbital, the process took two years to complete.

"TransOrbital has the technology, the desire - and now we have the licensing," said Laurie. "It's a significant moment for our company, and a significant development for all of aerospace. People soon get to experience the moon in ways they never imagined."

About TransOrbital, Inc. (www.transorbital.net)

:
TransOrbital Inc. is a privately owned supplier of aerospace design and analysis services, spacecraft and commercial space missions. Established in 1998, TransOrbital is the first company of its kind authorized by the U.S. government to photograph, explore, and land on the Lunar surface. The 2001 Trailblazer spacecraft's primary missions are to return HDTV video and other multimedia content from lunar orbit to market as commercial products, as well as the delivery of both personal and commercial cargo to the Moon.

We're going to the Moon-Come join us!

Point of Contact:
TransOrbital may be reached at:
Tel: 858-455-5900 or 703-960-5953
Fax: 858-455-5979 or 603-619-5538
E-mail: at dlaurie@transorbital.net.
Further information may be found at the TransOrbital website http://www.transorbital.net

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