AZUR SPACE Selected by Sierra Nevada Corporation to Build DREAM CHASER (R) Spacecraft Solar Panels

HEILBRONN, Germany, Dec. 11, 2017 /PRNewswire/ -- AZUR SPACE Solar Power GmbH, a leading provider of high-efficiency solar cells, assemblies and panels for both space and terrestrial power applications, announced today that it was chosen from a competitive procurement to provide solar panels for Sierra Nevada Corporation's (SNC) first Dream Chaser® spacecraft. The Dream Chaser is scheduled to provide cargo services to and from the International Space Station for at least six missions between 2019 and 2024 as part of NASA's Commercial Resupply Services Contract (CRS2).

The 3G30C-Advanced solar cells will be manufactured at AZUR SPACE's state-of-the-art manufacturing facilities located in Heilbronn, Germany. For AZUR SPACE, the Space Equipment business of Airbus Defence and Space will produce the completed solar panels in Ottobrunn, Germany, using decades of product heritage, engineering expertise and manufacturing experience.

AZUR SPACE has been supplying the space community for over 50 years and specifically with high-efficiency, multi-junction solar cells for the last 15 years. "Our entrance in the USA multi-junction solar panel market two-plus years ago has been very well-received by the space power community, as demonstrated by SNC's selection of the AZUR SPACE team to supply high-efficiency solar panels for the Dream Chaser program," said Mr. Juergen Heizmann, managing director at AZUR SPACE. "This is a significant step forward for the AZUR SPACE team in demonstrating performance, heritage and best value. We are truly excited to work with SNC to make the Dream Chaser program a major success."

Added Mr. Heizmann, "Our 100 percent mission success, extensive in-orbit heritage working with Airbus combined with our cell manufacturing expertise, next-generation technology commitment and unparalleled reliability will continue to make AZUR SPACE the leading choice for power solutions in the worldwide satellite industry."

"We are very pleased with the selection of the AZUR SPACE team," stated Mr. Paul Streit, senior vice president at SNC's Space Systems business area. "The AZUR SPACE team has demonstrated excellent execution on other programs over the last couple of years. We are delighted to continue working with AZUR SPACE."

About Dream Chaser Spacecraft
Owned and operated by SNC, the Dream Chaser spacecraft is a reusable, multi-mission space utility vehicle. It is capable of transportation services to and from low-Earth orbit, where the International Space Station resides and is the only commercial, lifting-body vehicle capable of a runway landing. The Dream Chaser Cargo System was selected by NASA to provide cargo delivery and disposal services to the ISS under the Commercial Resupply Services 2 (CRS2) contract. All Dream Chaser CRS2 cargo missions are planned to land at Kennedy Space Center's Shuttle Landing Facility.

About AZUR SPACE
AZUR SPACE, based in Heilbronn, Germany, is a leading provider of high-performance multi-junction solar cells for Space and terrestrial CPV applications as well as other opto-electronic products. AZUR SPACE develops and manufactures high-efficiency space solar cells and coverglass-interconnected-cells (CICs) as well as offers solar panels for all space power applications in a joint effort with Airbus. The Space Equipment business of Airbus Defence and Space is a world leader in space electronics and solar arrays. Airbus' automated manufacturing of space solar panels, combined with AZUR SPACE cells demonstrates unsurpassed in-orbit heritage.

About Sierra Nevada Corporation
Recognized as one of "The World's Top 10 Most Innovative Companies in Space," Sierra Nevada Corporation (SNC) provides customer-focused advanced technology solutions in the areas of space, aviation, electronics and systems integration. SNC's Space Systems business area based in Louisville, Colorado, designs and manufactures advanced spacecraft, space vehicles, rocket motors and spacecraft subsystems and components for the U.S. government, commercial customers, as well as for the international market. SNC has more than 25 years of space heritage, participating in more than 450 successful space missions and delivering 4,000-plus systems, subsystems and components around the world.

For more information on AZUR SPACE, visit www.azurspace.com or contact Mr. Juergen Grein, Director of Marketing and Sales for AZUR SPACE at +49 7131 67 2723 or [email protected].

SOURCE AZUR SPACE Solar Power GmbH

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