SPACEDEV, INC.

SPACEDEV, INC.

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Company Overview
SpaceDev, Inc., with headquarters in Poway, California, is an entrepreneurial space systems company that develops high performance, innovative components and systems for spacecraft. Founded in 1997, the company’s products range from spacecraft actuators that power the Mars rovers, to hybrid rocket technologies that powered the first commercial astronaut to space, and from microsatellites controlled by the Internet to Dream Chaser(TM), a winged and piloted orbital commercial spacecraft. The company consists of six core technology areas: SpaceDev(TM) Small Satellites, SpaceDev(TM) Hybrid Propulsion, SpaceDev(TM) Advanced Systems, Starsys(TM) Structures, Starsys(TM) EM Systems and Starsys(TM) Components and Mechanisms.
SpaceDev has also made significant investments in facilities around the country. With three locations in California, one in Colorado and one in North Carolina, company has the ability to support programs from a geographically diverse facility and employee base. The California facilities support hybrid propulsion systems, small satellites and advanced systems. In addition, SpaceDev California is focused on developing responsive and low-cost small spacecraft – microsats, nanosats and maneuvering and orbital transfer vehicles (MoTV), and safe, sub-orbital and orbital hybrid propulsion systems. The Colorado facility supports mechanical systems, including deployable structures, electromechanical systems and mechanical components. Lastly, the North Carolina facility supports spacecraft electromechanical components including motors and actuators.
Starsys Research Corporation, a subsidiary acquired in January 2006, was founded in Boulder, Colorado in 1987 to bring a promising thermal actuator technology to the Space industry as an alternative to conventional explosive actuators. From this initial core technology; High Output Paraffin (HOP) thermal actuators, Starsys Research developed into a world-leading supplier of mechanical systems for spacecraft including electromechanical actuators, deployable structures and mechanical components.
SpaceDev missions include Defense, Commercial, NASA and international customers. It has provided more than 2,500 devices flown on more than 250 spacecraft with 100% mission success. The company’s major clients include National Aeronautics and Space Administration (NASA), Missile Defense Agency (MDA), DARPA, Andrews Space & Technology, Air Force Research Laboratory (AFRL), The Boeing Company, Jet Propulsion Laboratory (JPL), Lockheed Martin and others. The company’s mission is “to further the exploration and utilization of space in ways previously unimagined by bringing the very best to bear to the challenge: the best technologies, the best commercial practices, the best innovations, and most importantly, the best people.
Business Summary
SpaceDev, Inc. is a space technology company. The Company is engaged in the conception, design, development, manufacture, integration, sale and operation of space technology systems, subsystems, products and services, as well as the design, manufacture, and sale of mechanical and electromechanical subsystems and components for spacecraft. The Company is focused on the commercial and military development of low-cost small satellites and related subsystems, hybrid rocket propulsion for space and launch vehicles, subsystems that enable critical spacecraft functions such as pointing solar arrays and communication antennas and restraining, deploying and actuating moving spacecraft components. In December 2008, the Company announced that Sierra Nevada Corporation (SNC) has completed the acquisition of the Company by way of a merger of a wholly owned subsidiary of SNC into SpaceDev, Inc. As a result of the merger, SpaceDev is now a wholly owned subsidiary of SNC.
Description and history
SpaceDev, Inc. is a space technology company. The Company is engaged in the conception, design, development, manufacture, integration, sale and operation of space technology systems, subsystems, products and services, as well as the design, manufacture, and sale of mechanical and electromechanical subsystems and components for spacecraft. The Company is focused on the commercial and military development of low-cost small satellites and related subsystems, hybrid rocket propulsion for space and launch vehicles, subsystems that enable critical spacecraft functions such as pointing solar arrays and communication antennas and restraining, deploying and actuating moving spacecraft components. In December 2008, the Company announced that Sierra Nevada Corporation (SNC) has completed the acquisition of the Company by way of a merger of a wholly owned subsidiary of SNC into SpaceDev, Inc. As a result of the merger, SpaceDev is now a wholly owned subsidiary of SNC.

The Company also manufactures a range of products for small and large spacecraft that include high output paraffin actuators, hinges, battery bypass switches, bi-axis gimbals, flat plate gimbals, solar array pointing mechanisms, restraint devices, thermal switches, thermal louvers, and cover systems. These products are mainly sold as custom systems that are developed for specific small and large spacecraft applications but are also offered as off-the-shelf catalog products with spaceflight history. Its products are sold directly to small and large spacecraft manufacturers.

SpaceDev, Inc.’s customer base covers a range of groups from domestic and international commercial spacecraft companies to civil spacecraft that are primarily scientific in nature, as well as defense spacecraft that support military capability. It also offers products to certain non-space customers, including aerospace, maritime, educational institutions, and industrial customers that represent less than 2% of its business.

Business Line
An entrepreneurial space systems company that develops high performance, innovative components and systems for spacecraft
Subsidiary
INTEGRATED SPACE SYSTEMS, INC.
Advisor
PKF
IPO date
10/1997
US SIC Code
3764
Company Address
13855, Stowe Drive

City province or state postal code
92064, POWAY, CA
Phone: +1 858 375 2000
Fax: +1 858 375 1000
Country address: UNITED STATES OF AMERICA
Website url: www.spacedev.com