SPACEHAB Loses $1.6 Million in Q4

SPACEHAB QUARTERLY STATMENT

SPACEHAB posted a second quarter fiscal year 2009 (December 31, 2008) net loss of $1.6 million, or $0.09 per share, on revenue of $3.8 million compared with a second quarter fiscal year 2008 (December 31, 2007) net loss of $32.8 million, or $4.36 per share, on revenue of $4.3 million.

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Spacehab to Support MRM1 for International Space Station

SPACEHAB PRESS RELEASE

SPACEHAB Incorporated, a leading provider of commercial space services, reached an agreement in principal with RSC Energia, Russia’s largest manufacturer of aerospace and space equipment, to provide facilities and support services for its Mini Research Module (MRM1).

The MRM1 will be readied for its journey aboard the U.S. Space Shuttle at the SPACEHAB Cape Canaveral payload processing location. Manifested to fly on STS-132 during the Space Shuttle’s final mission in April 2010, the MRM1 will act as a docking port extension for the Russian Soyuz and Progress vehicles that have transported astronauts and cosmonauts.

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