Wednesday, March 26, 2008

SpaceDev to Develop Technologies for NASA Lunar Operations

Contract Award Builds on SpaceDev Cover Systems Heritage

SpaceDev, Inc. (OTCBB: SPDV) announced that it has been awarded a contract for the development of next-generation seal technologies for instrument covers. The Phase 1 Small Business Innovative Research contract is scheduled for a 6-month period, during which SpaceDev plans to perform feasibility studies for seals capable of repetitive use while maintaining integrity even in the presence of severe abrasive environments such as lunar dust. These seal technologies are intended to enhance performance and enable increased mission capabilities for future lunar operations such as rovers, robotic systems, on site resource utilization and science experiments.

"This contract builds upon our heritage developing cover systems and seals for important spacecraft such as the Chandra and Spitzer space telescopes," said Mark N. Sirangelo, SpaceDev's Chairman and CEO. "Once developed, they are expected to provide a key solution set to harsh environments that presented significant operational issues during the Apollo missions. Although our initial efforts are focused on NASA's lunar requirements, we expect these products to translate over to future Mars and terrestrial applications as well."

About SpaceDev

SpaceDev, Inc. is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions. For more information, visit

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