Astrotech Unveils Latest Award-Winning Spacecraft Processing Capability

SPACEHAB, Incorporated, a leading provider of commercial space services, announced today that its Astrotech Space Operations subsidiary has been awarded a new contract by The Boeing Company to provide payload processing services. The satellite will be processed at Astrotech’s spacecraft processing campus at Vandenberg Air Force Base in California.

“We are pleased to be supporting a new mission for Boeing, a valued customer that has received benefit from our growing list of capabilities and services over the years,” stated Jim Royston, Senior Vice President of Astrotech. “We look forward to assisting the entire team in their spacecraft processing, fueling, encapsulation, and logistics needs.”

In related satellite processing news, Astrotech’s Florida Spacecraft Processing Facility held a ribbon cutting ceremony to unveil its new horizontal laminar flow system. This ultra clean room capability provides customers a satellite processing environment that exceeds the most stringent contamination requirements. NASA presented Astrotech with an award, recognizing the Company for its professionalism and customer service in designing, developing, and certifying the world-class clean facility.

The new cleanroom system, suitable for wafer and chip processing, was recently put to the test when wildfires broke out in the surrounding area causing interstate and roadway closures. Astrotech’s system was able to withstand the excessive smoke, maintain appropriate particulate count levels, and keep the processing of NASA’s STEREO satellite on schedule. STEREO, an observatory designed to provide a unique and revolutionary view of the sun-earth system, arrived at the Astrotech site on May 5 and is scheduled to launch this summer.

About SPACEHAB, Incorporated

SPACEHAB, Incorporated (www.spacehab.com) is a leading provider of commercial and government space services with three primary business units. The Flight Services business unit develops, owns, and operates habitat and laboratory modules and cargo carriers aboard NASA’s Space Shuttles for Space Station resupply and research purposes. SPACEHAB’s Astrotech subsidiary provides payload processing support services for both commercial and government customers at company-owned facilities in Florida and California. The Company’s Government Services business unit supports NASA’s Johnson Space Center providing configuration management, product engineering, and support services for both the Space Station and Space Shuttle programs. Additionally, through The Space Store, Space Media provides space merchandise to the public and space enthusiasts worldwide (www.thespacestore.com).

The statements in this document may contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, continued government support and funding for key space programs, product performance and market acceptance of products and services, as well as other risk factors and business considerations described in the company’s Securities & Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements.

Contact:

SPACEHAB, Inc.
Kimberly Campbell, 713-558-5049
campbell@spacehab.com