Best Quarter ever
I am very pleased to announce that SpaceDev has recorded its best quarter ever - an operating profit of $30,000 compared to a loss of $3.0 million for the same period last year. We generated $420,000 in cash from operating activities versus $473,000 cash used in operating activities in the first nine months of 1999. Our sales for the first nine months have been $3.1 million, another record. Our current stock price (SPDV) is about $1.00.
Please read the financial summary in our latest news release:
or check the financial details in our SEC filing using "spacedev" or our trading symbol "spdv":
Hybrid rocket motor test firings
We have performed two preliminary test firings of our orbital Maneuvering and Transfer Vehicle (MTV) hybrid rocket motor. For the public and media we have scheduled a test firing of our small MTV motor for 10:00 am PST next Wednesday, November 17. In addition to introducing a completely new web site designed and implemented by Bill McCoy, we have implemented a nifty web-cam so you can watch the rocket motor test firing in real time. Next Wednesday simply go to: http://www.spacedev.com/webcam/index.htm
Internet domains acquisition
SpaceDev has acquired ExploreSpace.com, Inc. its web site and three Internet domain names, ExploreSpace.TV, ExploreTheMoon.com, and ExploreRocketry.com. The detailed news release is at: www.spacedev.com/media/pressrelease/08Jan01.html
Or visit www.ExploreSpace.com directly.
Commercial Space Products & Services - Asteroid, Lunar and Mars Missions - Small Spacecraft & Launch Vehicle Design Micro-kick motors, Orbital Transfer Vehicles www.spacedev.com
[JB - TDF 1/2001 - 29/01/2001]