Jacques van Oene
July 13th 05, 12:34 PM
FOR IMMEDIATE RELEASE
SPACEHAB ADVANCES SPACE COMMERCE
New Multipurpose Spacecraft in Development
Houston, Texas, July 12, 2005 - SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a
leading provider of commercial space services, announced at a press
conference near the shuttle launch pad in Cape Canaveral, Florida that the
Company has initiated development of a fully commercial roundtrip delivery
service to low earth orbit and beyond. This initiative is a natural next
step for SPACEHAB which has been a pioneer in space commerce for more than
twenty years.
As an example, NASA is scheduled to launch the first commercially developed
and deployable component of the International Space Station onboard Space
Shuttle Discovery - SPACEHAB's Integrated Cargo Carrier. Known on the
STS-114 mission as the External Stowage Platform 2, this pallet will be
attached to the orbiting station where it will serve as a permanent spares
warehouse. This accomplishment set the stage for SPACEHAB to unveil the
Company's new capability for conducting business in space - a modular
multipurpose spacecraft system dubbed Apex.
Currently, the only method for transporting cargo and experiments to and
from space are on government-owned spacecraft such as the space shuttle. The
Apex system offers a means for accessing the unique environment of space
through a private enterprise, further opening the door to a broader market.
"Not only is Apex a viable option for commercially re-supplying the
International Space Station," said Michael E. Bain, SPACEHAB Chief Operating
Officer. "It is also a flexible system that can act as an in-space resource
module providing power, data, and thermal support or serve as an unmanned
orbiting laboratory that brings experiment results safely back to earth."
With Apex, customer requirements will drive the development of system
capabilities, ensuring that there is a specific demand for a particular
service before the appropriate vehicle configuration is built.
Apex's patent pending design uses a uniquely modular, reconfigurable,
largely reusable architecture. This architecture takes advantage of mature
technologies and proven systems, making its service affordable for the user.
Utilizing the Company's extensive experience in transporting goods to space,
Apex will, in large part, serve a customer base that SPACEHAB is very
familiar with, including NASA, the Department of Defense, and the research
community. Bain added, "Simply stated, the primary customer benefits of the
Apex system are greater accessibility to space and increased capability in
orbit, all at a reduced price."
--
--------------
Jacques :-)
www.spacepatches.info
SPACEHAB ADVANCES SPACE COMMERCE
New Multipurpose Spacecraft in Development
Houston, Texas, July 12, 2005 - SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a
leading provider of commercial space services, announced at a press
conference near the shuttle launch pad in Cape Canaveral, Florida that the
Company has initiated development of a fully commercial roundtrip delivery
service to low earth orbit and beyond. This initiative is a natural next
step for SPACEHAB which has been a pioneer in space commerce for more than
twenty years.
As an example, NASA is scheduled to launch the first commercially developed
and deployable component of the International Space Station onboard Space
Shuttle Discovery - SPACEHAB's Integrated Cargo Carrier. Known on the
STS-114 mission as the External Stowage Platform 2, this pallet will be
attached to the orbiting station where it will serve as a permanent spares
warehouse. This accomplishment set the stage for SPACEHAB to unveil the
Company's new capability for conducting business in space - a modular
multipurpose spacecraft system dubbed Apex.
Currently, the only method for transporting cargo and experiments to and
from space are on government-owned spacecraft such as the space shuttle. The
Apex system offers a means for accessing the unique environment of space
through a private enterprise, further opening the door to a broader market.
"Not only is Apex a viable option for commercially re-supplying the
International Space Station," said Michael E. Bain, SPACEHAB Chief Operating
Officer. "It is also a flexible system that can act as an in-space resource
module providing power, data, and thermal support or serve as an unmanned
orbiting laboratory that brings experiment results safely back to earth."
With Apex, customer requirements will drive the development of system
capabilities, ensuring that there is a specific demand for a particular
service before the appropriate vehicle configuration is built.
Apex's patent pending design uses a uniquely modular, reconfigurable,
largely reusable architecture. This architecture takes advantage of mature
technologies and proven systems, making its service affordable for the user.
Utilizing the Company's extensive experience in transporting goods to space,
Apex will, in large part, serve a customer base that SPACEHAB is very
familiar with, including NASA, the Department of Defense, and the research
community. Bain added, "Simply stated, the primary customer benefits of the
Apex system are greater accessibility to space and increased capability in
orbit, all at a reduced price."
--
--------------
Jacques :-)
www.spacepatches.info