Mission Accomplished: Canoo provides crewed transport to NASA to perform Artemis missions

JUSTIN, Texas, July 12, 2023 /PRNewswire/ — Canoe (NASDAQ: GOEV), a leading high-tech advanced mobility company, has announced that it has timely delivered three Crew Dragon Vehicles (CTVs) to NASA. kennedy space center IN Florida. These vehicles will carry astronauts to the launch pad for the Artemis mission on the moon.

Tony Aquila, President and CEO of Canoo said, “We are thrilled to be involved in the Artemis missions and deliver NASA’s first zero-emissions vehicle built to the missions. crew transport. «It’s been a very proud day for Canoo and all of our partners who have worked so hard to make sure we do our part of transporting the astronauts for 9 miles. first of each launch.»

The CTVs are designed to carry astronauts, flight support crews and fully-fitted equipment onto the launch pad. Vehicles with exclusive interior and exterior design will provide comfort and safety for astronauts and crew during the 9-mile journey to the launch pad at kennedy space center. Canoo says it expects to release images of the CTV’s exterior and interior later this year.

Artemis II is the first crewed mission as part of NASA’s plan to establish a permanent presence on the Moon for science and exploration. The 10-day flight will test NASA’s basic human deep space exploration, the Space Launch System rocket, and the Orion spacecraft, for the first time with astronauts.

Aquila said the company looks forward to assisting NASA as a vehicle for the Artemis Moon Missions.

About canoes

Canoo’s mission is to bring electric cars to everyone. The company that has developed ground-breaking electric vehicles is reinventing the automotive landscape with bold design innovations, pioneering technologies and a unique business model that spans the entire vehicle lifecycle. . Distinguished by an experienced team from leading automotive and technology companies – Canoo has designed a purpose-built, modular electric platform to provide the maximum possible interior space. Customizable for all vehicle owners over the life of the vehicle to support a wide range of consumer and business vehicle applications.

Canoo has teams in california, Texas, Michigan, Oklahoma State And Arkansas. For more information, please visit www.canoo.com. For Canoo press materials, including photos, please visit press.canoo.com. For investors, please visit www.investors.canoo.com.

Forward-looking statement

The information in this press release includes «forward-looking statements» within the meaning of the «safe harbor» provisions of the US Private Securities Litigation Reform Act of 1995. Statements Forward-looking can be identified using words like «estimate,» «plan,» «project,» «forecast,» «intend,» «will,» «expect,» «anticipate,» «believe,» «seek,» «goal,» or other similar expressions that predict or indicate future events or trends, or are not statements of matters. history. These forward-looking statements include, but are not limited to, statements relating to estimates and projections of financial and performance figures, expectations and timelines in relation to product launches. commercialization and achieving operational milestones, including the ability to meet and/or accelerate production to projected timelines, Canoo’s ability to capitalize on commercial opportunities, existing orders or customer expectations and expectations about the development of the facilities. These statements are based on a variety of assumptions, whether identified in this press release or not, and are based on current expectations of Canoo management and are not projections of actual performance. . These forward-looking statements are provided for illustrative purposes only and are not intended to serve as a service and are not to be relied upon by any investor as a guarantee, guarantee, prediction, or representation. real or probabilistic. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond Canoo’s control. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; Canoo’s ability to access future capital, through debt or the stock market or other sources; the implementation of Canoo’s business and the timing of business milestones and expected commercial launches; future market for Canoo’s services; risks related to Canoo’s go-to-market strategy and production strategy; the impact of competition on Canoo’s future business and the factors discussed under the headings «Risk Factors» and «Management’s discussion and analysis of the financial condition and results» in Canoo’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the United States Securities and Exchange Commission («SEC») on March 1, 2022, as well as its Past and Future Quarterly Reports on Form 10-Q and other filings with the SEC, you can obtain copies of these reports by visiting the Investor Relations website. Investments of Canoo at investors.canoo.com or the SEC’s website at www.sec.gov . If any of these risks materialize or our assumptions are incorrect, the actual results may differ significantly from those implied in forward-looking statements. This. There may be additional risks that Canoo is not currently aware of or that Canoo currently believes are unimportant that could also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements reflect Canoo’s expectations, plans or projections of future events and views as of the date of this press release. Canoo anticipates that subsequent events and developments will cause Canoo’s assessments to change.

However, although Canoo may choose to update these forward-looking statements at some point in the future, Canoo specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon to represent Canoo’s assessments as of any day after the date of this press release. Accordingly, undue reliance should not be placed on forward-looking statements.


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