Astrotech Partnership with United Launch Alliance Atlas Program Nears 20 Years

SPACEHAB, Incorporated, a leading provider of commercial space services, announced today that its Astrotech Space Operations subsidiary has been awarded a one-year contract extension for payload processing services by United Launch Alliance (ULA).

The contract is valued at $3.3 million for support of Atlas missions during the one-year period. Through the extension, Astrotech will continue to provide payload processing services and specialized facilities for ULA’s Atlas expendable launch vehicle program from Astrotech’s bi-coastal locations – Titusville, Florida and Vandenberg Air Force Base (VAFB), California. The original contract included the period of December 31, 1999 through December 31, 2006 with four one-year option periods for 2007 – 2010.

“Astrotech has readily supported the commercial Atlas program since 1989 and is pleased to have the opportunity to continue this long-term relationship,” said Don White, Astrotech General Manager. The Company’s nine building compound in Titusville includes a Spacecraft Processing Facility designed to accommodate both 4-meter and 5-meter class satellites with weights in excess of 25,000 pounds and payload fairings up to 75 feet long. Construction begins this month at Astrotech’s VAFB facilities to expand to 5-meter fairing accommodations.

About SPACEHAB, Incorporated

Incorporated in 1984, SPACEHAB (www.spacehab.com) is a leading provider of commercial space products and services to NASA, international space agencies, Department of Defense, and private customers worldwide. The Company offers end-to-end space access solutions, space systems development, mission integration and pre-launch processing facilities and services, and large-scale government program support services. From securing a spaceflight opportunity and facilitating the integration of spacecraft and payloads for launch, to developing human habitats, supplying the International Space Station, and coordinating the transport and operation of cargo and experiments to and from orbit, SPACEHAB clearly demonstrates that “We Mean Business in Space.”

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., Houston
Corporate Marketing and Communications
Eva-Marie deCardenas, 713-558-5071
edecardenas@spacehab.com