Shares of SpaceDev, Inc. (SPDV.OB) Rose Friday, Up 8.70%; as the Company Wins Federal Government Contract
SpaceDev, Inc. (SPDV.OB) is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions. The Company is Set to Present at the RedChip Small Cap Conference Next Month in New York City. SpaceDev recently reported that its subsidiary, Starsys, Inc., has been awarded a $750,000 cost reimbursable design and development subcontract from the Air Force Research Laboratory (AFRL) Space Vehicles Directorate, for continued development of deployable boom structures for satellites. The award is a Phase 2 Small Business Innovation Research (SBIR) contract resulting from design and trade study work completed during a Phase I SBIR.…
