PRESS RELEASES

Outernet Inc. Signs a Letter of Intent with

MISHAAL Aerospace for Launch of their Satellites

Miami, Florida, October 28, 2014

MISHAAL Aerospace Corporation, the Miami-based launch vehicle provider for small satellites, is pleased to announce that Outernet Inc., a New York-based global broadcast data startup, signed a Letter of Intent for launch of their satellites once MISHAAL Aerospace's M-OV, Orbital Vehicle, is ready.

The Letter of Intent highlights Outernet's satellites launch requirements and the minimum payload intended for launch. This letter of Intent also paves the way to enter into negotiations once the M-OV is ready for commercialization and launch.

In addition to its existing Fixed Satellite Service over conventional geostationary satellites, Outernet is interested in offering a mobile service from a constellation of Cubesats sent to Low Earth Orbit. Their aim is to provide basic information such as news, education and emergency alerts to the 60% of humanity who do not have access to it.

"We are eager to have MISHAAL Aerospace succeed in the development of their M-OV, which will enable us to access space on our terms and increase the utility of our service" said Syed Karim, Outernet's CEO. In response, Mishaal Ashemimry, CEO of MISHAAL Aerospace said "We are thrilled to assist Outernet in providing free access to web content globally in the near future."



ABOUT MISHAAL AEROSPACE

Founded in 2010, MISHAAL Aerospace specializes in launch vehicle development to send small satellites (<=500 kg) to Low Earth Orbit. The company designs, develops and launches its own line of rockets, the M-Rocket, which is the first generation of cost-effective dedicated small satellite launch vehicles. The M-Rocket serves the broad applications of small satellites for clients from government, research, commercial aerospace and telecommunication industries. MISHAAL Aerospace’s objective is to provide a turn-key and cost-effective approach to space access, making it more common place and accessible.

Visit www.mishaalaerospace.com for more information.



ABOUT OUTERNET INC.

Outernet is ensuring that a basic level of digital media is accessible to all of humanity.



Visit www.outernet.is for more information.

SpaceQuest Signs a Letter of Intent with

MISHAAL Aerospace for Launch of their Satellites

Miami, Florida, October 22, 2014

MISHAAL Aerospace Corporation, the Miami-based launch vehicle provider for small satellites, is pleased to announce that SpaceQuest Ltd., a Virginia based advanced satellite developer, signed a Letter of Intent for launch of their satellites once MISHAAL Aerospace’s M-OV, Orbital Vehicle, is ready.

The Letter of Intent highlights SpaceQuest’s satellites launch requirements and the minimum payload intended for launch. This letter of Intent also paves the way to enter into negotiations once the M-OV is ready for commercialization and launch.

“We are very happy and excited to do business with SpaceQuest and look forward to launching their satellites in the near future” said Mishaal Ashemimry, CEO of MISHAAL Aerospace. A feeling shared by Dr. Dino Lorenzini, CEO and Chairman for SpaceQuest, who stated “I am pleased to sign a letter of Intent to use the Mishaal Aerospace launch vehicle when it is available for commercial use.”



ABOUT MISHAAL AEROSPACE

Founded in 2010, MISHAAL Aerospace specializes in launch vehicle development to send small satellites (<=500 kg) to Low Earth Orbit. The company designs, develops and launches its own line of rockets, the M-Rocket, which is the first generation of cost-effective dedicated small satellite launch vehicles. The M-Rocket serves the broad applications of small satellites for clients from government, research, commercial aerospace and telecommunication industries. MISHAAL Aerospace’s objective is to provide a turn-key and cost-effective approach to space access, making it more common place and accessible.

Visit www.mishaalaerospace.com for more information.



ABOUT SPACEQUEST Ltd.

Founded in 1994, SpaceQuest, Ltd. is a leading provider of advanced satellite technologies for government, university and commercial entities. SpaceQuest specializes in the design, development, and manufacture of spacecraft as well as space and ground components for operation with low-Earth orbiting satellites. Leveraging innovative designs and commercial practices, SpaceQuest is able to deliver satellites, components and ground systems faster and more cost effectively than ever before. SpaceQuest, Ltd is a privately held company with headquarters in Fairfax Virginia.



Visit www.spacequest.com for more information.

MISHAAL Aerospace’s M-SV Propulsion System Successfully Completes its First Static Test.

August 11, 2014

Miami, Florida, August, 2014

MISHAAL Aerospace Corporation, a woman-owned launch vehicle provider, is pleased to announce that its M-SV propulsion system successfully completed its first static test on August 11, 2014. The success of this test validates and demonstrates MISHAAL Aerospace’s hybrid rocket propulsion system. It is a milestone achievement for MISHAAL Aerospace.

The hybrid rocket static test demonstrated the key combustion characteristics of high thrust, linear burn-rate, and stable combustion. This test was performed at FAR (Friends of Amateur Rocketry) site near Mojave, California.

First look test results indicate the hybrid motor performed as designed, producing approximately 15 thousand pounds of thrust, and burning for just 8 seconds. The hybrid system uses Liquid Oxygen and Plastic loaded HTPB cast as a solid fuel grain.

“The static test is one of our greatest milestone achievements to date, especially in the area of hybrid rocket propulsion” said Mishaal Ashemimry, CEO of MISHAAL Aerospace. “Successful demonstration of our hybrid rocket technology is an achievement not only for us, but for the aerospace community as a whole.”



ABOUT MISHAAL AEROSPACE

Founded in 2010, MISHAAL Aerospace specializes in launch vehicle development to send small satellites (<=500 kg) to Low Earth Orbit. They design, develop and launch their own line of rockets. The M-Rocket series is the first generation of cost-effective dedicated small satellite launch vehicles.

Visit www.mishaalaerospace.com for more information.







MISHAAL Aerospace Propulsion System

Passed Hydro-Proof Testing.

July 29, 2014

FOR IMMEDIATE RELEASE

Miami, Florida, July 29, 2014

MISHAAL Aerospace Corporation, a woman-owned launch vehicle provider, is pleased to announce that its M-SV propulsion system passed hydro-proof testing on July 22, 2014. The success of this test allows MISHAAL Aerospace to proceed to a static test, currently slated for August 10, 2014.

The hydro-proof test is a test to ensure the combustion chamber can withstand design and operating pressures without material failure and maintain the pressure required without leaks. This test was performed at MISHAAL Aerospace’s Arizona facility.

“We have been working diligently to get to this point as this is a very important milestone in our progress,” said Mishaal Ashemimry, CEO of MISHAAL Aerospace. “Successful subsystem testing is critical to enable a “rite of passage” to the next big test, in our case that is the static test which will demonstrate our hybrid propulsion system performance.”



ABOUT MISHAAL AEROSPACE

Founded in 2010, MISHAAL Aerospace specializes in launch vehicle development to send small satellites (<=500 kg) to Low Earth Orbit. They design, develop and launch their own line of rockets. The M-Rocket series is the first generation of cost-effective dedicated small satellite launch vehicles.

Visit www.mishaalaerospace.com for more information.





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