SpaceDev Begins Development Small Launch Vehicle

[yree]

"ITEM 1.01 MATERIAL DEFINITIVE AGREEMENTS<br /><br />On June 27, 2005, SpaceDev, Inc., ("SpaceDev") was awarded a subcontract by Andrews Space, Inc. ("Andrews") of Seattle which calls for the design, development, launch, and operation of a small low cost spacecraft on a mission to the Lunar L1 point to demonstrate key technologies and advanced orbital mechanics in support of NASA's Human and Robotics Technology ("H&RT") SmallTug Program to explore the Moon and Mars. The subcontract is part of a larger $18.7 million contract awarded to Andrews by NASA and is expected to be completed in several phases. The value of the current SpaceDev subcontract is $1,249,493 and is a firm fixed price subcontract. The current subcontract phase is expected to take approximately nine months to complete. <br />-----------------------------------------------------------------------------------------------<br />This news release may contain forward-looking statements concerning the Company's business and future prospects and other similar statements that do not concern matters of historical fact. Forward-looking statements are based on the Company's current expectations. The Company's current expectations are subject to all of the uncertainties and risks customarily associated with developing business ventures outlined in the Company's periodic reports filed with the U.S. Securities & Exchange Commission. Readers are cautioned not to put undue reliance on forward-looking statements contained in this release and to read it in conjunction with the Company's annual report on Form 10-KSB, including the consolidated financial statements filed therewith. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason." <br />http://biz.yahoo.com/e/050630/spdv.ob8-k.html

 

[yree]

http://www.theinquirer.net/?article=24563<br /><br />Small spaceship to fly through gravity tunnel<br /><br />Spice, the final frontier<br /><br />By INQUIRER staff: Tuesday 12 July 2005, 15:49<br />ANDREWS SPACE OF SEATTLE has awarded SpaceDev a contract to design a<br />small spacecraft to travel through a gravity tunnel - part of the<br />InterPlanetary Superhighway or IPS, a route that eats up less fuel<br />than normal trajectories - to the moon, for the very first time ever.<br /><br />The overall aim of the programne is to "design, develop, launch and<br />operate a small low-cost spacecraft called SmallTug" which will be<br />sent on a mission to the Lunar L1 point, where it will be<br />demonstrating advanced orbital mechanics in aid of NASA's robotic<br />exploration of the Moon and of Mars.<br /><br />This contract is only the first phase of the programme, costing about<br />$1.25 million. The prime contractor will be Andrews Space and SpaceDev<br />as the primary subcontractor, however, later on the NASA contract will<br />be managed by the George C. Marshall Space Flight Center in Alabama.<br /><br />SpaceDev chairman and CEO Jim Benson says the project is important to<br />him and his company. He says it's important because "it is SpaceDev's<br />first opportunity to design a deep space vehicle" and because the<br />total cost of the mission is less than $20 million dollars.<br /><br />If the second phase of the contract is awarded by both NASA and<br />Andrews, then SpaceDev will be the one responsible for building and<br />preparing SmallTug for its launch in 2008. The mission will result in<br />the spacecraft resulting in a halo orbit around the Lunar Lagrange L1<br />point, which is approximately 85% of the distance from the Earth to<br />the Moon. µ

 

[yree]

Human Service Mission to the International Lunar Observatories<br /><br />POWAY, Calif.--(BUSINESS WIRE)--July 22, 2005--SpaceDev (OTCBB: SPDV) has been awarded a small contract by Lunar Enterprise Corporation, a wholly owned subsidiary of Space Age Publishing Company to perform the work necessary to create a conceptual mission architecture and mission design for a human servicing mission to the Lunar south pole targeted for the period of 2010 to 2015. The length of stay on the Moon will be seven or more days, depending on cost, practicality and other trade-offs.<br /><br />The study will explore existing technology, technology currently under development, and proposed technology that could be developed by NASA, other countries or the private sector in time to be incorporated into the mission. The study will seek to combine those technology capabilities in order to arrive at an elegantly simple solution, because that approach should result in a mission that is low risk and low in cost.<br /><br />About SpaceDev<br /><br />SpaceDev (OTCBB: SPDV) creates and sells affordable and innovative space products and solutions to government and commercial enterprises. SpaceDev's innovations include the design, manufacture, marketing and operation of sophisticated micro- and nano-satellites, hybrid rocket-based orbital Maneuvering and orbital Transfer Vehicles (MoTVs) as well as sub-orbital and orbital hybrid rocket-based propulsion systems for safe human space flight. Upon founding SpaceDev in 1997, Jim Benson started the trend of successful computer entrepreneurs moving into the space development arena. For more information, visit www.spacedev.com.<br /><br />About Lunar Enterprise Corporation<br /><br />Lunar Enterprise Corporation is a wholly owned subsidiary of Space Age Publishing Company of Hawaii Island, Hawaii, and Palo Alto, California. LEC and Space Age support a wide variety of enterprises and activities consistent with near-

 

[yree]

. In a separate section on smallsats, Space News talks about the launch access challenges for small satellite projects: Hopes rekindled for Low-cost Launches. There will be a lot of hope from the smallsat community riding along on the first Falcon I launch in September. Currently there is no low cost small payload launcher available outside of Russia. Even SpaceDev, which is developing its own Streaker launch vehicle, is seriously considering buying multiple rides on the Falcon I for its microsatellites since the Streaker won't fly for about three years. ...

 

[yree]

http://www.spacedev.com/newsite/templates/subpage_article.php?pid=448

 

[fcastle]

The news just keeps getting better...<br /><br /><br /><br />SpaceDev Reports Second Quarter Net Income; Tenth Consecutive Quarter of Revenue Growth<br /><br /><br />By BusinessWire<br />Last Update: 8/16/2005 8:30:09 AM Data provided by <br /><br />POWAY, Calif., Aug 16, 2005 (BUSINESS WIRE) -- SpaceDev, Inc. (SPDV) reported its financial results for the second quarter ending June 30, 2005. After ten successive quarters of increasing revenues and seven quarters of increasing EBITDA*, SpaceDev achieved its second consecutive quarter of net income and maintained a positive cash flow. <br /><br />Revenues increased approximately 58%, to approximately $1,902,000, for the three-months ending June 30, 2005 compared to approximately $1,201,000 for the same three-months in 2004. This increase was primarily due to execution on current contracts, which includes a second task order with the Missile Defense Agency valued at approximately $8.3 million. This current task order kicked-off October 2004 and is part of our larger $43 million contract with the Missile Defense Agency. <br /><br />"We continued to perform on all of our programs during the second quarter of 2005, including our Missile Defense Agency contract. During the quarter, we were awarded and completed a $100,000 Phase I contract by Andrews Space, Inc., which was the precursor to the $1.25 million subcontract awarded on June 27, 2005 as part of their larger NASA contract. We continued work on two Phase II contracts and began other Small Business Innovation Research contracts awarded by the Air Force Research Laboratory. Through these new and existing business opportunities, we are expanding our current backlog and continue seeking out potential new customers in an effort to enhance our current customer base," said Jim Benson, SpaceDev's founding chairman and chief executive officer. "Construction on our portable, high tech rocket motor facility is in full production and we anticipate test firing larger, higher performance rock

 

[yree]

http://www.vcall.com/IC/CEPage.asp?ID=93079&CID=

 

[yree]

http://tinyurl.com/88kxm (8.6 Mb, some good pictures though)

 

[yree]

http://www.wsw.com/webcast/tep6/spdv/<br /><br />http://www.visualwebcaster.com/ValueRich/29304/reg.html<br />

 

[yree]

Potential project with NASA AMES to examine using a hybrid rocket<br />motor in an HL-20 like design<br /><br />The HL-20 is orbital and you can check it out here:<br />http://www.nasa.gov/centers/langley/news/factsheets/HL-20.html<br /><br />Warning: It will cost more than $9,000 : $15M<br /><br />-Joel<br /><br />http://finance.groups.yahoo.com/group/spacedev/message/1241

 

[kdavis007]

What is the latest???

 

[yree]

It is finally widely agreed that the Shuttle must go. What is not agreed is what to replace<br />it with. There are proposals to use existing, explodable solid rocket motors coupled with new<br />explodable LOX hydrogen motors, under the assumption that such launch capability can be<br />available in time for a Shuttle retirement in 2010. Under cost plus fixed fee contracts with<br />the usual suspects, it is highly unlikely that such systems will be completed successfully, or<br />on-time, or on-budget. Small companies have been working on concepts for safe and<br />affordable human access to space. Under a recently completed contract with NASA Ames<br />Research Center, SpaceDev closely examined its assumptions on an X-34 based vehicle for<br />human space flight, and concluded that the leading edges are too sharp and would be at the<br />ragged edge of thermal protection capabilities. Other vehicle designs were evaluated and<br />the NASA HL-20 was selected for further study. It was concluded that a simplified version of<br />the HL-20, named SpaceDev Dream Chaser™ could transport six occupants to LEO and<br />back, safely and affordably.<br />http://pdf.aiaa.org/preview/CDReadyMSPACE05_1181/PV2005_6758.pdf

 

[yree]

quite good<br /><br />100 employees too.<br /><br />Nice, and at first glance, there are very few overlaps between the two<br />companies. They make lots of things that spacedev can use though<br />including some hybrid components. So now we'll not only be a satellite<br />provider, but a subsystem provider as well. The 15 microsats was in<br />the current facilities, so now I am presuming more. We'll have to get<br />400 done for that constellation project should it happen.<br /><br />"Our mechanisms have flown on more than 200 spacecraft, with 100<br />percent operational success."<br /><br />Sounds like a good company to me. Good to hear the NASA successes.<br />They also provided parts to the Mars rovers. AFRL contracts and<br />they've been on most modern NASA missions.<br /><br />Because of how good both companies have done, I expect this to be a<br />merger. Both are emerging leaders.<br />http://finance.groups.yahoo.com/group/spacedev/message/1253

 

[enricofermi]

You guys should check out the next Dream Chaser, based on NASA's HL-20. Given the Starsys experience with both manufacturing and aerospace, I think spacedev can get this new Dream Chaser built for the proposed $15 million.<br /><br />This thing is sweet:<br />http://www.nasa.gov/centers/langley/news/factsheets/HL-20.html<br /><br />They now have the facilities and staff to get something like this built.

 

[yree]

bmop

 

[yree]

bomp<br />

 

[j05h]

SpaceDev rocks. Jim's a great guy. I did their original website back in 98, it's great seeing the company grow and succeed! <br /><br />It's a smart move to dig into NASA's closet for unflown airframes, SpaceDev has some excellent propulsion tech.<br /><br />Josh <div class="Discussion_UserSignature"> <div align="center"><em>We need a first generation of pioneers.</em><br /></div> </div>

 

[space_dreamer]

Do you have any news, on progress there making with dreamchaser/ airframes? I heard they dropped the X34 and are looking in to the X38. <br /><br />Also is Spaceshiptwo going to use SpaceDev engines?

 

[yree]

Also is Spaceshiptwo going to use SpaceDev engines? yes <br />----------------------------------------<br />"This news release may contain forward-looking statements concerning the Company's business and future prospects and other similar statements that do not concern matters of historical fact. Forward-looking statements relating to product development, business prospects and development of a commercial market for technological advances are based on the Company's current expectations. The Company's current expectations are subject to all of the uncertainties and risks customarily associated with developing business ventures including, but not limited to, risks associated with new product development and availability of raw resources and suppliers, risks to marketed products and availability of financing and other sources of income, as well as risks discussed in the Company's periodic reports filed with the U.S. Securities & Exchange Commission. The Company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements contained in this release and to read it in conjunction with the Company's annual report on Form 10-KSB, including the consolidated financial statements filed therewith. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason."

 

[yree]

SpaceDev X-22A<br /><br />ANTI-GRAVITY FIGHTER DISC<br /><br />Information has come into the public's attention which suggests that SpaceDev has been working in the "black" on a discoid-shaped aircraft. Not only does this aircraft utilise anti-gravitic propulsion, but the discs are believed to be equipped with highly advanced particle beam weaponry.<br /><br />SpaceDev does hold the patents on disc-shaped passenger aicraft, so it is not unreasonable to assume they have also (successfully) investigated the possibility of creating such craft as military platforms.<br /><br />Colonel Steve Wilson, USAAF (deceased) stated that black military astronauts trained at a secret aerospace academy and later would operate out of Beale and Vandenberg Air Force Bases in California.<br /><br />From those bases, these military astronauts regularly fly trans-atmospherically and out into space. One of the aerospace craft they use, Colonel Wilson reported, is the X-22A, SpaceDev two-man anti-gravity disc craft.<br /><br />Evidence for the existence of the X-22A first came to light during Operation Iraqi Freedom when American soldiers (and most likely Iraqi soldiers as well) made sightings of disc-shaped craft in the desert hovering near to U.S. officers. People also made claims of seeing these craft fire intense beams of light that removed any trace of what previously sat at the location, apart from a circular charcoal-like burn mark on the ground.<br /><br />A Desert Storm soldier stated the following: "In the first days film footage and especially Video-cams which a large number of G.I.s had were impounded so they wouldn`t capture any sensitive material."<br /><br />Dr. Richard Boylan states the following about the X-22A:<br /><br />"The described disc was clearly an antigravity levitating aerial weapons platform in the U.S. arsenal, possibly a SpaceDev X-22A two-man discoid craft, the real Streaker, (of which the unmanned ELV Rockets Streaker is a front "cover" ELV program to disguise this manned a

 

[j05h]

>Do you have any news, on progress there making with dreamchaser/ airframes? I heard they dropped the X34 and are looking in to the X38.<br /><br />No idea, I had assumed they were pursuing both airframes, possibly for different flight regimes. None of this is "insider", just putting together what I've read on news sites. It's a great tactic, there is a lot of unflown hardware kicking around. I'm holding out for one of the unflown Salyut stations! 8)<br /><br />Josh <div class="Discussion_UserSignature"> <div align="center"><em>We need a first generation of pioneers.</em><br /></div> </div>

 

[yree]

(COMTEX) B: SpaceDev to Present at 3rd Annual PIPEs Conference<br />2005 in New<br />York City<br />B: SpaceDev to Present at 3rd Annual PIPEs Conference 2005 in New York<br />City<br /><br />POWAY, Calif., Oct 19, 2005 (BUSINESS WIRE) -- SpaceDev (OTCBB: SPDV) has<br />accepted an invitation to present at the 3rd Annual PIPEs Conference<br />2005 being<br />held in New York City at The Waldorf-Astoria Hotel on October 26th and<br />27th.<br />SpaceDev will present on Wednesday, October 26th at 10:00 AM and at<br />both 10:30<br />AM and 2:00 PM EDT, on Thursday, October 27th.<br /><br />SpaceDev's President and Chief Financial Officer, Richard Slansky,<br />will provide<br />a company overview along with an update on SpaceDev's current<br />operations and new<br />developments, using both an audio and visual arrangement. A webcast<br />will be<br />available on the company's website for 90 days following the<br />conference, at<br />www.spacedev.com.<br /><br />Conference officials estimate this year's audience to be in excess of<br />1,000<br />people, consisting primarily of investors, investment bankers, attorneys,<br />company executives and industry analysts active in the small cap<br />equity market.<br />The conference includes CLE-accredited workshops, roundtables, and<br />presentations<br />from leading industry professionals. Information about the event can<br />be found at<br />www.thepipesconference.com.<br /><br />About SpaceDev<br /><br />SpaceDev (OTCBB: SPDV) creates and sells affordable and innovative space<br />products and solutions to government and commercial enterprises.<br />SpaceDev's<br />innovations include the design, manufacture, marketing and operation of<br />sophisticated micro- and nano-satellites, hybrid rocket-based orbital<br />Maneuvering and orbital Transfer Vehicles as well as sub-orbital and<br />orbital<br />hybrid rocket-based propulsion systems for saf

 

[yree]

"You guys should check out the next Dream Chaser, based on NASA's HL-20. Given the Starsys experience with both manufacturing and aerospace, I think spacedev can get this new Dream Chaser built for the proposed $15 million.<br /><br />This thing is sweet:<br />http://www.nasa.gov/centers/langley/news/factsheets/HL-20.html<br /><br />They now have the facilities and staff to get something like this built."<br />--------------------------------------------------------------------------------------------------------------------<br />"This news release may contain forward-looking statements concerning the Company's business and future prospects and other similar statements that do not concern matters of historical fact. Forward-looking statements relating to product development, business prospects and development of a commercial market for technological advances are based on the Company's current expectations. The Company's current expectations are subject to all of the uncertainties and risks customarily associated with developing business ventures including, but not limited to, risks associated with new product development and availability of raw resources and suppliers, risks to marketed products and availability of financing and other sources of income, as well as risks discussed in the Company's periodic reports filed with the U.S. Securities & Exchange Commission. The Company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements contained in this release and to read it in conjunction with the Company's annual report on Form 10-KSB, including the consolidated financial statements filed therewith. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason."

 

[yree]

bomp

 

[yree]

SpaceDev and Starsys Sign Merger Agreement<br /><br /> <br /><br />Merger Will Bring Mechanical Systems Capabilities to SpaceDev’s Industry-Leading Experience in Micro-Satellites and Affordable Access to Space<br /><br /> <br /><br /> POWAY, CA – October 26, 2005--SpaceDev, Inc. (OTCBB: SPDV) and Starsys Research Corporation have entered into an Agreement and Plan of Merger and Reorganization. <br /><br /> <br /><br />Starsys has approximately 130 employees. Starsys designs, engineers and manufactures mechanical systems, structures, and mechanisms that open, close, release, and move components on spacecraft, including motion-control actuators, cover systems, deployment systems, and separation systems. Starsys components have flown on over 200 missions including the Mars Rover missions, Cassini, and Deep Impact with 100% operational success. Starsys quality is exemplified by the Mars Rover missions; Starsys provided 25 mechanisms for each rover controlling movement including cameras and science experiments to the drive mechanisms that allow the rovers to roam the Martian surface. All of these mechanisms have functioned beyond their design life; enabling earthbound scientists to explore the red planet.<br /><br /> <br /><br />SpaceDev, with approximately 50 employees, designs, manufactures, markets, and operates sophisticated micro- and nano-satellites, along with hybrid rocket propulsion systems for potential sub-orbital and orbital launch and transport systems, including prospective missions for cargo and safe human space flight. SpaceDev is a leader in developing satellite and hybrid propulsion technology that is safe, low-cost and can be developed and deployed rapidly. As part of the SpaceShipOne team, SpaceDev provided critical hybrid rocket technology and key components to Scaled Composites for the rocket engines that propelled SpaceShipOne to capture the Ansari X-Prize. SpaceDev’s first satellite, CHIPSat; was an experimental NASA satellite developed under contract wi