SpaceDev (OTC BB:SPDV.OB) announced the recent launch of its new website designed to showcase its spaceflight heritage, technological breadth and highlighting the integrated capabilities from the Company’s acquisition of Starsys Research.

“Our new website reflects our significant accomplishments and is a window into our future,” said Mark N. Sirangelo, SpaceDev’s Chairman and CEO. “The site highlights three core aspects of SpaceDev: our products and technologies; our flight history; and, most importantly, our people. We encourage everyone to tour our new website, which we believe gives a feel for the blend of vision and experience that characterizes our company today.”

Scott Tibbitts, Managing Director of SpaceDev and founder of Starsys Research, added, “This new web presence effectively communicates the complementary nature of SpaceDev’s technologies with the legacy capabilities of Starsys. Microsatellite, propulsion and space technologies are proving to be a powerful combination within a single organization. We believe our customers and investors will enjoy and appreciate this new look into our exciting company.” SpaceDev’s website can be accessed at www.spacedev.com. About SpaceDev

SpaceDev, Inc. is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions.

Except for factual statements made herein, this news release consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words such as “believe,” “intends,” “expects,” “plans,” “anticipates” and variations thereof, identify forward-looking statements, although their absence does not mean that a statement is not forward looking. Forward-looking statements are based on the Company’s current expectations, and are not guarantees of performance. The Company’s actual results could differ materially from its current expectations. Factors that could contribute to such differences include risks and uncertainties associated with the Company’s ability to effectively manage schedule changes or cancellation of customer orders, control costs and expenses, and obtain additional financing, if needed. Reference is also made to other factors described in the Company’s periodic reports filed with the SEC, including the Company’s most current Annual Report on Form 10-KSB and subsequent Quarterly Reports on Form 10-QSB. These forward-looking statements speak only as of the date of this release. SpaceDev does not intend to update these forward-looking statements.