SPACEHAB, Inc. Signs $5.1 Million Contract With ESA.VIENNA, Va.--(BUSINESS WIRE)--Dec. 18, 1998--SPACEHAB, Inc. (Nasdaq:SPAB SPAB Society for the Protection of Ancient Buildings (UK) SPAB School Pupil Activity Bus SPAB Supply Priorities and Allocations Board SPAB Security Policy Advisory Board SPAB Society for the Preservation of Adolescent Behavior ) announced today it has signed an agreement with the European Space Agency European Space Agency (ESA), multinational agency dedicated to the promotion, for exclusively peaceful purposes, of cooperation among European states in space research and technology. (ESA 1. (architecture) ESA - Enterprise Systems Architecture. 2. (body) ESA - European Space Agency. ) to provide commercial space-based research services aboard the Company's Research Double Module on a September 2000 Space Shuttle space shuttle, reusable U.S. space vehicle. Developed by the National Aeronautics and Space Administration (NASA), it consists of a winged orbiter, two solid-rocket boosters, and an external tank. mission. Under the terms of the agreement, ESA will pay the Vienna, Va.-based commercial space services provider $5.15 million for flight of the Advanced Respiratory Monitoring System aboard SPACEHAB's new, larger habitable habitable adj. referring to a residence that is safe and can be occupied in reasonable comfort. Although standards vary by region, the premises should be closed in against the weather, provide running water, access to decent toilets and bathing facilities, heating, research module. The contract includes associated payload integration and operations services. The mission, STS-107, is scheduled to be the Shuttle fleet's first dedicated research flight during the five-year-long process of International Space Station assembly. NASA's previous dedicated science mission, STS-95, which included John Glenn, featured SPACEHAB's Research Single Module. The Company's cargo-carrying, or logistics, modules, meanwhile, are being used by NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. to perform the first two supply missions to the space station in May and September 1999. The ESA-SPACEHAB agreement, signed December 18, was coordinated through SPACEHAB's European marketing agent, INTOSPACE, at the companies' joint office in Leiden, the Netherlands. SPACEHAB, with its Johnson Engineering and Astrotech subsidiaries, is the world's leading provider of commercial payload processing services for manned and unmanned payloads. SPACEHAB is the first company to commercially develop, own and operate habitable modules that provide laboratory facilities and logistics re-supply aboard NASA's Space Shuttles. The Company also supports NASA astronaut training at Johnson Space Center, Houston. |
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