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SpaceDev Founder Jim Benson Dies SpaceDev Completes Third Milestone under NASA Space Act Agreement for Development of Commercial Access to Space SpaceDev Joins SpaceShipTwo Team SpaceDev Reports Second Quarter Fiscal 2008 Results SpaceDev Appoints Patricia Grace Smith to Board of Directors more 
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SpaceDev (OTCBB:SPDV) is an entrepreneurial space systems company that develops high performance, innovative components and systems that are changing how we get to, explore, and use space. Our 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™, a winged and piloted orbital commercial spacecraft. SpaceDev products innovate, enable and perform. We are certified to AS9100 and ISO 9001 Quality Standards. 
Thank you for your interest in SpaceDev, Inc. It is my pleasure to lead the SpaceDev team as the Company’s Chairman and Chief Executive Officer. I am thrilled to represent this great group of dedicated and talented individuals as we pursue new horizons together. SpaceDev is an exciting emerging space technology company. We are facilitating a change of course in commercial space by developing new technologies in small satellites, deployable structures, hybrid propulsion systems and advanced space vehicles. We have participated in over 250 successful space missions with programs that span the solar system from Earth orbit, to the moon, to Mars and beyond. We have the unique capability to provide the complete integrated package necessary to satisfy the expanding need for global affordable and rapid access to space. Along the way, we have invested in our quality systems, including our AS9100 certification. We have developed a client list that includes virtually all major aerospace companies, and we now operate in three states with six facilities. SpaceDev has grown and expanded dramatically during the past years and we are proud of our people, our technologies and our position in the advancement and commercialization of space. We are really looking forward to the path ahead and beyond. I invite you to fully explore our website to learn more about us and to experience what I feel each day, the power of creation and innovation.Sincerely yours, Mark N. SirangeloChairman and Chief Executive Officer 
