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<p> </p><p><strong><strong>SpaceDev Awarded International Space Station Contract</strong></strong></p><p><strong><em>Resupply Program will Provide Subsystems for Japanese H2 Transfer Vehicle</em></strong></p><p><em>POWAY, CA – March 20, 2008 – SpaceDev, Inc. (OTCBB: SPDV) has been awarded a contract from IHI-Aerospace (Japan) to manufacture multiple flight ship-sets of precision space mechanisms for the H2 Transfer Vehicle (HTV). Included are low-shock release devices used to restrain the HTV’s exposed cargo pallet during launch, and release it on orbit for transfer to the International Space Station. The contract also calls for SpaceDev to supply high-output paraffin release mechanisms and a brush motor. Hardware for operational HTV spacecraft will be delivered over the next six years.</em></p><p>Because the ISS is an international cooperation, countries with no manned space capability are now investing important sums in manned space operations. This increases the knowledge base for manned space, increases demand for launchers and produces revenue for space companies, promoting innovation and producing economies of scale. At the same time, the success of international ventures attracts yet other countries which may not have been initially interested in participating:</p><p><strong><strong>UK push for space station modules</strong></strong></p><p><em>A proposal for the UK to join the International Space Station (ISS) project has been put forward by a group of scientists and engineers.</em></p><p> </p><p> </p> <div class="Discussion_UserSignature"> <p><em>“An error does not become a mistake until you refuse to correct it.” John F. Kennedy</em></p> </div>