News Archives

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....
> Read More

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....
> Read More

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....
> Read More

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....
> Read More

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...
> Read More

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....
> Read More

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....
> Read More

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....
> Read More

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....
> Read More

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....
> Read More

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."...
> Read More

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....
> Read More

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....
> Read More

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)....
> Read More

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)....
> Read More

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....
> Read More

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....
> Read More

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....
> Read More

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....
> Read More

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....
> Read More

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...
> Read More

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....
> Read More

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....
> Read More

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....
> Read More