SpaceDev, Inc. (OTCBB: SPDV) announced today that it recently signed a long-term purchase agreement with Space Systems/Loral (SS/L) to provide mission-critical flight hardware components for the 1300-Series spacecraft platform.   Additional orders are expected over the duration of the multi-year agreement.

SpaceDev components incorporated in the long-term agreement include high-efficiency solar array drive stepper motor actuators, and high-accuracy, high-stiffness antenna pointing mechanisms.  Both devices incorporate Starsys’ QuAD low disturbance torque technology to greatly reduce imparted motion during actuator operation, thereby enhancing spacecraft performance.

Loral 1300 series

“SpaceDev looks forward to supporting Space Systems/Loral and working closely with their team over the coming years,” said Mark N. Sirangelo, SpaceDev’s Chairman and CEO.  “Our Loral contract is an important step in the expansion of our commercial satellite products business.  This blend of product offering illustrates our ability to develop and produce enabling products that enhance capability while improving efficiencies and reliability of high-performance satellite systems.”

About SpaceDev

SpaceDev, Inc. is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions.