SpaceDev has received the finalized propulsion contract for SpaceShipOne. The SpaceDev propulsion system consists of propriety SpaceDev rocket motor components, which are reused on each flight, and SpaceDev propellant that is refueled for each flight.

“Instead of ‘Intel Inside’ it is ‘SpaceDev Inside,’ ” said Jim Benson, SpaceDev founding chairman and chief executive. “During the initial test flights for SpaceShipOne, we expect to be powering people toward space, and within a few months, hope to be participating in an effort to power people to sub-orbital space.

As a result, it is possible that SpaceDev will provide the system that powers the next human space flight in the United States. This is especially important to SpaceDev with the Shuttle grounded, and the need for safe, affordable alternatives for human space flight.

SpaceDev is proud to be a significant part of this revolutionary movement of human space flight out of the government and into the private sector where things can be done faster and more cost-effectively and where new markets can be created and supplied.”