News Archives

SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that the Company was awarded a new mission under its Research and Logistics Mission Support (ReALMS) contract with NASA for cargo services to the International Space Station (ISS)....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced financial results for the Company’s first quarter of fiscal year 2004 ended September 30, 2003.

Highlights

• Quarterly revenues reported of $18.9 million
• Net income of $0.7 million for the quarter
• Consolidated Company backlog of $106.7 million
• Cash plus short-term investments at quarter end of $11.5 million

First Quarter Results...
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that its first quarter fiscal year 2004 financial results will be released on Thursday, November 6, 2003 before market open....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that its Astrotech Space Operations subsidiary will receive a $17.5 million payment due to the termination of a payload processing contract with The Boeing Company (NYSE: BA)....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced its Chief Financial Officer, Julia A. Pulzone, will resign effective December 31, 2003 due to the Company’s decision to close its Washington, D.C. office.

On October 1, 2003 SPACEHAB announced plans to close its Washington, D.C. office and move those operations to its Houston, Texas headquarters as part of an expense reduction effort. Ms. Pulzone has elected to remain in the Washington, DC area, where she has enjoyed a successful career....
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In 1405, Admiral Zheng He of the Chinese navy set sail with the largest armada ever assembled. The fleet consisted of 62 ships, some of which were 400 feet long. Compare that with Columbus’ three little crafts, the largest of which was a mere 85 feet long. (Cf image at http://www.chinapage.com/chengh2v.gif.) Over the next 28 years, Admiral He made seven voyages to the “western seas,” visiting Southeast Asia, India, and the east coast of Africa. Some of this crew even made the pilgrimage to Mecca, and all this decades before Vasco de Gama rounded Cape Horn in one ship!...
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that it will be closing its corporate office in Washington, D.C. and consolidating those operations into its headquarters operations in Houston, Texas....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), today announced that it has issued its fiscal year 2003 Letter to Shareholders in an effort to update existing SPACEHAB investors on the current status of the Company, and more importantly, management’s perspective on the Company’s future growth outlook. The text from the letter follows:

"Dear Fellow Shareholders,...
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"Keeping the children of League City healthy and safe is a primary objective of the League City Police Officer's Association," says LCPOA President, Bryan Campbell. The organization recently purchased and donated two child safety seats to the League City Police Department for use when transporting the city's younger citizens....
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Two years after the tragic events on September 11, many Americans only experience the impacts of the war on terrorism through the news. But many companies and their employees, including those in the Clear Lake area, are challenged with how this national conflict impacts the way they must conduct business. The United States government places strict export controls on U.S. persons and companies doing business with certain countries, companies, and individuals that could threaten American security, support terrorism, or violate international law....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced financial results for the Company’s fourth quarter and the 2003 fiscal year ended June 30, 2003.

Highlights

• Annual revenues reported of $95.0 million despite Shuttle delays
• Consolidated Company backlog of $170 million as of June 30, 2003
• Cash plus short-term investments at year end of $15.3 million
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that its fourth quarter and fiscal year 2003 financial results, ending June 30, 2003, will be released on Thursday, August 28, 2003 before market open....
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Houston, Texas, August 12, 2003 – SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that the Company made the competitive range as a finalist on NASA’s International Space Station (ISS) Mission Integration Contract (MIC)....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, announced that its Astrotech Space Operations subsidiary has been awarded a new contract by NASA/Kennedy Space Center to provide payload processing services for the AURA mission at Vandenberg Air Force Base (VAFB), California. Scheduled for launch in January 2004, AURA is part of the Earth Observing System (EOS) program to study the Earth’s environment and climate changes....
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Full Text Available on Corporate Website
SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that an investment profile, which details the Company's goals for its future financial and operating performance, has been issued....
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Strengthening ties between local area companies, prominent aerospace contractor Johnson Engineering (JE) has partnered with Muniz Engineering, Inc. (MEI) as its principal teammate in the competition and retention of crew training and facility operations services supporting NASA's Johnson Space Center (JSC)....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced changes to the Company’s Board of Directors, including the appointment of Dr. Fritz-Stefan Graul....
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SPACEHAB, Inc. remembered the STS-107 crew of Columbia, in a ceremony dedicating a unique memorial in their honor. In the years and months of training before their extraordinary mission, these seven astronauts repeatedly crossed the doorway of SPACEHAB's Payload Processing Facility located in Cape Canaveral, Florida. They left indelible marks on the hearts of those who worked inside, as well as on the world on which they gazed during their 16-day mission....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced financial results for the Company’s third quarter of fiscal year 2003, ended March 31, 2003.

Highlights

• Quarterly revenues increased 7% to $26.4 million
• Reported third quarter loss includes one-time write-off associated with loss of module
• Reported third quarter loss includes non-cash charges to revalue goodwill balance
• Cash plus short-term investments at end of third quarter increased to $20.2 million
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that its third quarter 2003 financial results, ending March 31, 2003, will be released on Thursday, May 8, 2003 before market open....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that it has completed the next phase of its corporate reengineering activities to enhance its operating plan and competitive position....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that its Astrotech Space Operations subsidiary has been awarded a new contract by NASA/Kennedy Space Center to provide payload processing support services at its Titusville, Florida facility for two NASA-scientific payloads scheduled for launch in 2004.

New Markets...
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services with over $100 million in sales, today announced that its Board of Directors has authorized a common stock repurchase program of up to $1.0 million. The program is effective immediately....
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services with over $100 million in sales, today announced that it has issued a Special Letter to Shareholders in an effort to update existing SPACEHAB investors on the current status of the Company, and more importantly, management’s perspective on the Company’s future growth outlook. The text from the letter follows:

“Dear Fellow Shareholders,...
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SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services with over $100 million in sales, today announced that its President, Michael E. Kearney, is featured in an on-line interview with CEOcast, Inc. During the interview, Mr. Kearney discusses the driving factors behind the Company's recently reported strong second quarter financial results, plans on delivering on its $173 million backlog of contracts, status of its existing and new business opportunities as well as other matters relating to SPACEHAB and its shareholders....
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