AstroGenetix News

ASTROTECH ANNOUNCES RESULTS OF ANNUAL MEETING OF SHAREHOLDERS

SHaywood — Mon, 08 Mar 2010 17:22:09 -0500

Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial aerospace services, today announced the results of the Company's Annual Meeting of Shareholders held on March 5, 2010.

ASTROTECH CORPORATION REPORTS SECOND QUARTER 2010 FINANCIAL RESULTS

SHaywood — Mon, 01 Feb 2010 09:50:20 -0500

Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial space services, today announced financial results for the second quarter ended December 31, 2009 of its fiscal year 2010.

Second Quarter Results
The Company posted a second quarter fiscal year 2010 net income of $1.7 million, or $0.09 per diluted share on revenue of $8.1 million, compared with a second quarter fiscal year 2009 net loss of $1.6 million, or $(0.09) per diluted share, on revenue of $3.8 million.

ASTROTECH ANNOUNCES ANNUAL MEETING OF SHAREHOLDERS

SHaywood — Tue, 26 Jan 2010 12:07:37 -0500

Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial space services, today announced that its Board of Directors has set the date for the Company's Annual Meeting of Shareholders as well as the record date for shareholders eligible to vote at the meeting.

The Annual Shareholders' Meeting will be held on Friday, March 5, 2010 at 9:00 am (Central Time) at the Company’s Corporate Headquarters, located at 401 Congress Avenue, Suite 1650 in Austin, Texas. Shareholders of record as of the close of business on January 15, 2010 will be eligible to vote at the meeting.

ASTROTECH CORPORATION REPORTS FIRST QUARTER 2010 FINANCIAL RESULTS

SHaywood — Wed, 18 Nov 2009 11:48:02 -0500

Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial space services, today announced financial results for the first quarter ended September 30, 2009 of its fiscal year 2010.

First Quarter Results

ASTROTECH REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2009 AND ANNOUNCES EXPLORATION OF STRATEGIC ALTERNATIVES

SHaywood — Mon, 28 Sep 2009 16:18:54 -0400

Astrotech Corporation (NASDAQ: ASTC) today announced financial results for its fourth quarter and fiscal year ended June 30, 2009.

Fourth Quarter Results
The Company posted a fourth quarter fiscal year 2009 net income of $2.6 million, or $0.15 per diluted share on revenue of $10.4 million compared with a fourth quarter fiscal year 2008 net loss of $1.5 million, or $(0.11) per diluted share on revenue of $6.1 million.

Fiscal Year Results

ASTROTECH ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER

SHaywood — Mon, 03 Aug 2009 15:38:57 -0400

Astrotech Corporation (NASDAQ: ASTC) today announced that its Board of Directors appointed John Porter as Astrotech’s Chief Financial Officer on a permanent basis, effective July 21, 2009. Mr. Porter, a Senior Vice President of the Company, has been serving as Interim CFO since the resignation of Brian K. Harrington on June 4, 2009.

ASTROTECH ANNOUNCES ADOPTION OF LIMITED DURATION SHAREHOLDER RIGHTS PLAN

SHaywood — Thu, 30 Jul 2009 16:57:28 -0400

Astrotech Corporation (NASDAQ: ASTC) announced today that its Board of Directors has adopted a limited duration shareholder rights plan (the “Rights Plan”), pursuant to which a dividend distribution of one preferred share purchase right will be made for each outstanding share of common stock. The rights will not be exercisable unless a person or group becomes, or launches a tender offer to become the beneficial owner of 15% or more of the Company's outstanding common stock (including derivative positions), subject to certain exceptions.

ASTROTECH STATEMENT ON THE 40TH ANNIVERSARY OF APOLLO 11 MOON LANDING

SHaywood — Mon, 20 Jul 2009 15:34:23 -0400

Astrotech Corporation (NASDAQ: ASTC) Chairman and Chief Executive Officer, Thomas B. Pickens III today issued the following statement regarding the 40th anniversary of the first moon landing by Apollo 11.

Astrotech Corporation Regains NASDAQ Compliance

SHaywood — Fri, 31 Jul 2009 13:14:28 -0400

Astrotech Corporation (NASDAQ:ASTC - News) announced today that the Company received notice on June 18, 2009 from The NASDAQ Stock Market ("NASDAQ") confirming that it has regained compliance with the minimum bid price rule for continued listing. NASDAQ confirmed that the closing bid price of the Company's common stock has been at $1.00 per share or greater for at least 10 consecutive trading days. As a result, the Company is currently in compliance with all continued listing standards.

Astrotech Corporation Announces Chief Financial Officer Resignation

SHaywood — Fri, 31 Jul 2009 13:10:25 -0400

Astrotech Corporation (NASDAQ: ASTC - News) today announced that Brian K. Harrington has resigned as Senior Vice President, Chief Financial Officer, Treasurer and Secretary effective June 04, 2009. John Porter, Astrotech Corporation’s Senior Vice President, will serve as the Company’s Interim CFO as the Company searches for Mr. Harrington’s successor.

AIRWARD DELIVERS SHIPMENT OF THERMAL RESISTANT CONTAINERS

SHaywood — Wed, 03 Jun 2009 12:17:52 -0400

AirWard Corporation, a subsidiary of Astrotech Corporation (Nasdaq: ASTC), announced today that it has delivered its first shipment of certified containers that meet the Department of Transportation (DOT) requirements under Rule HM-224B. The order was manufactured at AirWard’s facilities in Houston, Texas and delivered to the customer earlier this week.

1ST DETECT AWARDED SBIR FROM THE DEFENSE THREAT REDUCTION AGENCY

SHaywood — Wed, 03 Jun 2009 12:11:26 -0400

1st Detect Corporation, a subsidiary of Astrotech Corporation (Nasdaq: ASTC), announced today it is the recipient of a Phase I award from the U.S. Army’s Chemical and Biological Defense (CBD) Small Business Innovation Research (SBIR) Program. The award will go to the development of a novel sample inlet system to significantly improve the sensitivity of mass spectrometers.

ASTROGENETIX ADVANCES MRSA RESEARCH ON HUBBLE FLIGHT

SHaywood — Wed, 03 Jun 2009 12:08:57 -0400

Astrogenetix, Inc., a subsidiary of the Astrotech Corporation (Nasdaq:ASTC), today announced preliminary findings from its microgravity-based virulence survey aboard Shuttle Discovery (STS-119) launched on March 15, 2009. These results showed that methicillin-resistant Staphylococcus aureus (MRSA) and other microbes exhibit altered phenotypical responses during spaceflight.

ASTROTECH CORPORATION REPORTS FINANCIAL RESULTS FOR THIRD QUARTER FISCAL YEAR 2009

SHaywood — Wed, 03 Jun 2009 12:00:24 -0400

Astrotech Corporation (NASDAQ: ASTC), a leading provider of commercial space services, today announced financial results for the third quarter ended March 31, 2009 of its fiscal year 2009.

Third Quarter Results
The Company posted a third quarter fiscal year 2009 net income of $3.6 million, or $0.21 per diluted share on revenue of $11.8 million compared with a third quarter fiscal year 2008 net loss of $0.8 million, or $0.06 per diluted share, on revenue of $6.6 million.

Nine Months Results

ASTROTECH CORPORATION CHANGES NASDAQ STOCK TICKER SYMBOL

SHaywood — Mon, 04 May 2009 17:54:13 -0400

Astrotech Corporation, a leading provider of commercial space services, announced today that the Company will change its Nasdaq stock ticker symbol from SPAB to ASTC, in conjunction with its previously announced name change from SPACEHAB Incorporated to Astrotech Corporation. The stock ticker change has gone into effect for the trading community this morning, Monday, May 4, 2009.

AIRWARD RECEIVES ORDER FOR THERMAL RESISTANT CONTAINERS

SHaywood — Mon, 13 Apr 2009 14:20:36 -0400

AirWard Corporation, a subsidiary of Astrotech Corporation (Nasdaq: SPAB), announced today that it has received an order to provide the first certified containers that meet the Department of Transportation (DOT) CFR 49 thermal resistant container requirements. The order is being manufactured at AirWard’s facilities in Houston, Texas.

ASTROTECH TO SUPPORT RSC ENERGIA IN PREPARATION OF RUSSIAN MRM1 MODULE FOR FLIGHT ON U.S. SPACE SHUTTLE

SHaywood — Wed, 08 Apr 2009 13:11:51 -0400

Astrotech Corporation, (NASDAQ: SPAB), a leading provider of commercial space services, released today that the RSC Energia agreement in principle with the Company’s SPACEHAB Orbital Transportation, Inc. subsidiary, which was announced late last year, has now been formalized into a $1.8 million contract. Russia’s largest manufacturer of aerospace and space equipment will utilize Astrotech’s Cape Canaveral, Florida payload processing facilities and receive support services from Astrotech to prepare its Mini Research Module (MRM1) for flight aboard the U.S.

ASTROTECH LEVERAGES AEROSPACE ELITE TO ENHANCE NEW BUSINESS MODEL

admin — Wed, 25 Mar 2009 10:33:40 -0400

Astrotech Corporation (Nasdaq: SPAB), a leading provider of commercial space services, today announced its Astrotech Space Operations subsidiary is partnering with Syncomm, a derivative of the esteemed Hughes Aircraft Company, to provide the commercial satellite customer with expertise in end-to-end aerospace systems.

ASTROTECH AND SPACE FLORIDA ANNOUNCE PARTNERSHIP

admin — Wed, 25 Mar 2009 10:44:10 -0400

Astrotech Corporation (Nasdaq: SPAB), a leading provider of commercial space services, today announced its partnership with the aerospace economic development entity, Space Florida. The joint venture will provide key elements to Astrotech’s end-to-end mission assurance solution, streamlining the process for commercial space customers to acquire support across a spacecraft’s lifecycle.

Together, both organizations will provide a singular approach to global satellite market needs. Astrotech’s and Space Florida’s unique series of innovative solutions include:

SPACEHAB ANNOUNCES CORPORATE NAME CHANGE TO ASTROTECH

admin — Wed, 25 Mar 2009 10:55:51 -0400

SPACEHAB, Incorporated (NASDAQ: SPAB), a leading provider of commercial space services, announced today that it is changing its corporate name to Astrotech Corporation. The shareholders of the Company’s common stock authorized the corporate name change at the annual meeting held on Feb.10, 2009. SPACEHAB has filed for and received approval for the name change with the state of Washington.

SPACEHAB ANNOUNCES RESULTS OF ANNUAL SHAREHOLDER MEETING

admin — Tue, 17 Mar 2009 12:36:37 -0400

SPACEHAB, Incorporated (NASDAQ: SPAB), a provider of commercial space services, announced today the outcome of the Company's shareholder meeting held on February 10, 2009.

SPACEHAB REPORTS FINANCIAL RESULTS FOR SECOND QUARTER FISCAL YEAR 2009

admin — Tue, 17 Mar 2009 12:47:46 -0400

SPACEHAB, Incorporated (NASDAQ: SPAB), a leading provider of commercial space services, today announced financial results for the second quarter ended December 31, 2008 of its fiscal year 2009.

Second Quarter Results

SPACEHAB SUBSIDIARY SECURES NEW MISSIONS

admin — Tue, 17 Mar 2009 13:14:51 -0400

SPACEHAB Inc. (NASDAQ: SPAB) announced today that its Astrotech subsidiary located in Titusville, Florida was awarded two contracts totaling $3.2 million from United Launch Alliance (ULA) in support of the ground processing of Geostationary Operational Environmental Satellites, GOES O&P. Both satellites are scheduled for launch in 2009.

SPACEHAB TO SUPPORT PRE-LAUNCH PREPARATIONS FOR RUSSIAN MODULE

admin — Tue, 17 Mar 2009 13:21:49 -0400

SPACEHAB, Incorporated (NASDAQ: SPAB), a leading provider of commercial space services, reached an agreement in principal with RSC Energia, Russia's largest manufacturer of aerospace and space equipment, to provide facilities and support services for its Mini Research Module (MRM1). The MRM1 will be readied for its journey aboard the U.S. Space Shuttle at the SPACEHAB Cape Canaveral payload processing location.

SPACEHAB REPORTS FINANCIAL RESULTS FOR FIRST QUARTER FISCAL YEAR 2009

admin — Tue, 17 Mar 2009 13:27:11 -0400

SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced financial results for the first quarter ended September 30, 2008 of its fiscal year 2009.

First Quarter Results
SPACEHAB posted first quarter fiscal 2009 net income of $55,000, or $0.00 per share, on revenue of $6.0 million compared with first quarter fiscal year 2008 net loss of $856,000, or $.66 per share, on revenue of $8.6 million.

SPACEHAB SEES OPPORTUNITY IN SPACE FLORIDA’S LAUNCH COMPLEX

admin — Tue, 17 Mar 2009 13:32:04 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB) and its Astrotech subsidiary, leading providers of commercial space services, join with Space Florida in recognizing the immense opportunities for America’s commercial space program in the joint Air Force Space Command and Space Florida Dedication Ceremony of Launch Complex 36. The Ceremony marked the symbolic “groundbreaking” following the announcement by the Air Force Space Command of its commitment to commercial space and its intention to lease LC36 at Cape Canaveral Air Force Station to Space Florida. The U.S.

ASTROTECH AWARDED ATK ARES I-X FIRST STAGE PROCESSING CONTRACT

admin — Tue, 17 Mar 2009 13:35:06 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB) announced today that its Astrotech subsidiary located in Titusville, Florida was awarded a $1.17 million contract from Alliant Techsystems (NYSE: ATK) in support of ATK's planning and assembly of Ares I-X first stage hardware to be flown during the 2009 test flight for the development of NASA's Ares I launch vehicle.

SPACEHAB ANNOUNCES RECEIPT OF NASDAQ STAFF DETERMINATION LETTER

admin — Tue, 17 Mar 2009 13:38:02 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a leading provider of commercial space services, today announced its receipt of a NASDAQ Staff Determination letter on October 7, 2008 indicating that the Company has failed to regain compliance with NASDAQ Marketplace Rule 4310(c)(4), and that its securities are, therefore, subject to delisting from The NASDAQ Capital Market.

SPACEHAB REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2008

admin — Tue, 17 Mar 2009 13:40:48 -0400

SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced financial results for its fourth quarter and fiscal year ended June 30, 2008.

Fourth Quarter Results

SPACEHAB SUBSIDIARY SECURES SPACECRAFT PROCESSING TASK ORDER

admin — Tue, 17 Mar 2009 13:47:17 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today announced that its Astrotech Space Operations subsidiary has won a fourth, fully-funded task order under the $35 million Vandenberg Air Force Base (VAFB) indefinite delivery, indefinite quantity (IDIQ) contract. The Company will provide facilities and payload processing services from its VAFB location in support of NASA's Widefield Infrared Survey Explorer (WISE) Mission scheduled to launch in late 2009.

SPACEHAB ANNOUNCES STOCK PURCHASE AGREEMENT

admin — Tue, 17 Mar 2009 13:51:44 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), today announced the Company has entered into a Securities Purchase Agreement with Lanphier Capital Management, Inc. and Trace Partners, L.P. for the purchase of 1,329,786 shares of the Company’s common stock for an aggregate purchase price of $625,000. The Company will use the proceeds for general corporate purposes.

ASTROTECH APPOINTS NEW CHIEF EXECUTIVE OFFICER

admin — Tue, 17 Mar 2009 13:59:51 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), recently announced the appointment of retired Gen. Lance W. Lord to the position of chief executive officer of its Astrotech Space Operations subsidiary (ASO) effective June 2, 2008. In this role, Lord will provide oversight of ASO’s new strategic vision, expanding its current core services from spacecraft processing support to a comprehensive line of End-to-End Mission Assurance (EEMA) offerings including pre-launch, launch and on-orbit services.

VALIDATION OF SALMONELLA VACCINE TARGET TO THE SPACE STATION

admin — Tue, 17 Mar 2009 14:21:03 -0400

A partnership between Space Florida and SPACEHAB’s new biotech subsidiary BioSpace Technologies Inc. is paving the way to develop multiple vaccine targets on the International Space Station (ISS).

“This new space age microgravity process is already revealing new opportunities in the development of life-saving biomedicines within Florida’s new biotech space corridor,” said Thomas Pickens, III, chairman and chief executive officer, SPACEHAB, Inc.

SPACEHAB FINALIZES AGREEMENT WITH NASA FOR USE OF THE INTERNATIONAL SPACE STATION AS A NATIONAL LABORATORY

admin — Tue, 17 Mar 2009 14:03:00 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), today announced that the company has finalized a Space Act Agreement with the National Aeronautics and Space Administration (NASA) for use of the International Space Station (ISS), a designated U.S. National Laboratory, for research, development and industrial processing purposes. This agreement marks the beginning of SPACEHAB's new subsidiary BioSpace Technologies, Inc.

SPACEHAB PRODUCT EARNS SAFETY ACT DESIGNATION FROM U.S. DEPARTMENT OF HOMELAND SECURITY

admin — Tue, 17 Mar 2009 14:05:43 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), today announced its receipt of a formal Developmental Testing and Evaluation (DT&E) Designation from the U.S. Department of Homeland Security for the Company's new in house developed Miniature Mass Spectrometer (MMS) technology named "1 st Detect."

SPACEHAB REPORTS FINANCIAL RESULTS FOR THIRD QUARTER FISCAL YEAR 2008

admin — Tue, 17 Mar 2009 14:08:30 -0400

SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced financial results for the third quarter ended March 31, 2008 of its fiscal year 2008.

Third Quarter Results
SPACEHAB posted a third quarter fiscal 2008 net loss of $834,000 or $0.06 per share, on revenue of $6.6 million compared with a third quarter fiscal 2007 net loss of $1.2 million, or $0.92 per share, on revenue of $12.2 million.

SPACEHAB CHIEF SPEAKS AT U.S. HOUSE OF REPRESENTATIVES

admin — Tue, 17 Mar 2009 14:12:54 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today announced that Thomas B. Pickens, III, SPACEHAB Chairman and Chief Executive Officer, served as a key witness today in a hearing with the U.S. House of Representatives Committee on Science and Technology, Subcommittee on Space and Aeronautics, regarding NASA's International Space Station (ISS) Program: Status and Issues.

SPACEHAB TEAMS WITH STATE OF FLORIDA TO BUILD A NEW INDUSTRY IN SPACE

admin — Tue, 17 Mar 2009 14:17:24 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, along with Florida Governor Charlie Crist, recently announced the Company's partnership with the state of Florida to establish a space-based, biotech corridor that stretches from the International Space Station (ISS) to Earth-based Florida facilities and resources such as the Space Life Sciences Lab at NASA's John F. Kennedy Space Center (KSC).

SPACEHAB ANNOUNCES RECEIPT OF NASDAQ STAFF DEFICIENCY LETTER

admin — Tue, 17 Mar 2009 14:50:18 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today announced that the Company's common stock has closed for more than 30 consecutive days below the minimum $1.00 per share requirement for continued inclusion on the Nasdaq Capital Market under Marketplace Rule 4310(c)(4).

SPACEHAB DEBUTS NEW SPACETECH PRODUCT AT AVIATION INDUSTRY EXPO

admin — Tue, 17 Mar 2009 14:53:47 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today announced the successful completion of development and testing activities for its new AirWard Container Systems. Planned for unveiling at the Dallas Aviation Industry Expo in Dallas, Texas, March 18-20, 2008, AirWard Containers are the first product to go to market from the Company's new SPACETECH, Inc. subsidiary. SPACETECH is a technology transfer, product development, and sales-focused SPACEHAB business created to transform space-based technologies and products into commercial applications.

SPACEHAB STATEMENT ON COTS LOSS MITIGATION STRATEGIES

admin — Tue, 17 Mar 2009 15:06:00 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today issued a statement from SPACEHAB Chairman and Chief Executive Officer, Thomas B. Pickens, III, regarding NASA's Commercial Orbital Transportation Services (COTS) announcement on February 19, 2008.

SPACEHAB ANNOUNCES $5.5 MILLION STOCK PURCHASE AGREEMENT

admin — Tue, 17 Mar 2009 15:15:52 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today announced the Company has entered into a Stock Purchase Agreement with certain investors for the purchase of 55,000 shares of the Company's Series D convertible preferred stock for a total price of $5.5 million. In addition, the Company issued 150,150 shares of common stock upon entering into the Stock Purchase Agreement.

SPACEHAB ANNOUNCES $6 MILLION FINANCING FACILITY

admin — Tue, 17 Mar 2009 15:20:27 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today announced that the Company has established a $6 million credit facility with Green Bank, N.A. The new financing facility is part of the Company's ongoing financial restructuring strategy providing capital as SPACEHAB pursues its new business opportunities as well as improving overall liquidity.

SPACEHAB ANNOUNCES FORMATION OF COUNCIL ON SCIENCE AND MICROGRAVITY

admin — Tue, 17 Mar 2009 15:23:25 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today announced the formation of a new Science Advisory Council, an elite team of scientists, physicians, and microgravity specialists who provide strategic guidance and technical insight as the Company advances its identified microgravity processing initiatives through its new subsidiary, SPACEHAB Microgravity Sciences, Inc.

SPACEHAB ANNOUNCES NEW ADDITIONS TO BOARD OF DIRECTORS

admin — Tue, 17 Mar 2009 15:26:45 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today announced the Company’s Board of Directors has approved the addition of General (Ret.) Lance W. Lord, R. Scott Nieboer, John A. Oliva, and William F. Readdy to SPACEHAB’s Board of Directors.

General (Ret.) Lance W. Lord

SPACEHAB SUBSIDIARY WINS NASA ORBITING CARBON OBSERVATORY CONTRACT

admin — Tue, 17 Mar 2009 15:31:53 -0400

SPACEHAB, Incorporated (NASDAQ: SPAB), a provider of commercial space services, today announced that its Astrotech Space Operations subsidiary has won an additional fully funded task order under the recently awarded Vandenberg Air Force Base (VAFB) indefinite delivery, indefinite quantity (IDIQ) contract. The Company will provide facilities and payload processing services, from its VAFB location, in support of NASA’s Orbiting Carbon Observatory (OCO) mission, scheduled for launch in December 2008.

SPACEHAB AND NASA COOPERATING ON SPACE ACT AGREEMENT FOR USE OF SPACE STATION TO PROCESS MICROGRAVITY PRODUCTS

admin — Tue, 17 Mar 2009 15:38:08 -0400

SPACEHAB Incorporated, (NASDAQ: SPAB), a provider of commercial space services, today announced receipt of a letter from the National Aeronautics and Space Administration (NASA) seeking to enter into discussions with the Company regarding development and cooperation for usage of the International Space Station (ISS), a designated U.S. National Laboratory, for research, development, and industrial processing purposes.

SPACEHAB REGAINS NASDAQ COMPLIANCE WITH SHAREHOLDERS’ EQUITY AND BID PRICE LISTING REQUIREMENTS

admin — Tue, 17 Mar 2009 15:40:56 -0400

SPACEHAB, Incorporated, (NASDAQ: SPAB) a provider of commercial space services, announced today that it has received notice from the NASDAQ Stock Market that the Company has regained compliance with Marketplace Rules 4310(c)(4) and 4310(c)(3), relating to the maintenance of a minimum $1.00 bid price and $2.5 million minimum shareholders’ equity requirements, respectively.

SPACEHAB ANNOUNCES SUCCESSFUL ARCTUS MID-AIR RECOVERY TEST

admin — Wed, 25 Mar 2009 15:47:56 -0400

SPACEHAB Inc., (NASDAQ: SPABD), a leading provider of commercial space services, today announced the success of a mid air retrieval demonstration test performed with applications to its Advanced Research and Conventional Technology Utilization Spacecraft (ARCTUS) Program. The Company is releasing video of the successful test on SPACEHAB's ARCTUS Program website.

SPACEHAB SIGNS MINI MASS SPECTROMETER LICENSING AGREEMENT WITH PRAEMITTIAS GROUP, INC.

admin — Wed, 25 Mar 2009 15:51:50 -0400

SPACEHAB Inc., (NASDAQ: SPABD), a leading provider of commercial space services, today announced that it has entered into an exclusive Licensing Agreement with Praemittias Group, Inc., an Englewood, Colorado-based U.S. defense contractor, to market and sell SPACEHAB’s Miniature Mass Spectrometer (MMS) technology to the United States Department of Defense (DoD). The first system applications target the detection, identification, and analysis of potentially dangerous explosives and other harmful materials and precursors.