CORPORATE OFFICE
1595 Spring Hill Road; Suite 360
Vienna, VA 22182
Phone: 703-821-3000
Fax: 703-288-1650
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Space Vacuum Epitaxy Center
University of Houston
NASA Commercial Space Center
Phone: 713-743-3621
Fax: 713-747-7724
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SPACEHAB AND THE UNIVERSITY OF HOUSTON
REACH AGREEMENT FOR WAKE SHIELD FACILITY
May 7, 1998, Houston, TX
— Today, SPACEHAB, Inc. (Nasdaq: SPAB) and the University of Houston's
Space Vacuum Epitaxy Center (SVEC) signed an agreement for SPACEHAB
to acquire the rights to the universitys Wake Shield Facility
and related science research technology.
The agreement, valued at
$1 million plus future royalties, gives SPACEHAB sole and unrestricted
rights to manage and market the Wake Shield Facility space laboratory
to commercial and government customers.
The Wake Shield Facility
is a free-flying spacecraft deployed from the space shuttle that
creates an ultra-vacuum for space-based epitaxial growth of thin films
for research and development. The Wake Shield Facility was developed
by SVEC to advance its research into materials processing techniques
using the ultra-vacuum of space, with a specific focus on advanced
semiconductor thin film materials development for microelectronics
applications. An ultra-vacuum, such as that created in the wake of
the Wake Shield Facility, allows for the production of thin film crystalline
materials with lower contamination levels than those produced on
Earth, ultimately enhancing the performance of products made from these
thin film materials.
David A. Rossi, SPACEHAB, Inc.
President, hailed the agreement with the University of Houston as mutually
beneficial to both organizations. The
flight-proven Wake Shield Facility significantly expands SPACEHABs
inventory of marketable space assets, while permitting the university
to retain a leading role in the science and technology development
of thin film growth, he said.
"Our mission is to commercialize the technology of thin film manufacturing
in the vacuum of outer space," said Alex Ignatiev, SVEC Director.
"This agreement moves this unique technology to the commercial sector
for the long term benefit of the nation's economy."
In addition
to the epitaxial thin film growth, SPACEHAB plans to market the Wake
Shield Facility to scientists and researchers with experiments suited
to robotic free-flying devices.
The Wake Shield Facility
is an excellent complement to our research modules, which have been
embraced by the global scientific community,
Rossi noted. Wake Shield could be offered as an additional
research facility for the International Space Station, he
added.
Space Vacuum Epitaxy Center is
a research center at the University of Houston and a NASA Commercial
Space Center. Founded in 1986, SVECs
purpose is to unite industry, academia, and government in
the campaign for space utilization through access to the near-perfect
vacuum of space, coupled with intensive laboratory-based research
and development in advanced thin film semiconductor and oxide
materials and devices.
SPACEHAB, Inc., with its ASTROTECH
subsidiary, is the worlds leading
provider of commercial payload processing services for
both astronaut-tended and unmanned payloads. SPACEHAB is the first company
to commercially develop, own and operate habitable modules that
provide space-based laboratory facilities and logistics resupply aboard
the U.S. Space Shuttles to support the people living and working in
space. Space shuttle mission STS-95, set for this October, features
SPACEHABs
Single Research Module as primary payload.
# # #
FOR MORE INFORMATION:
| SPACEHAB, Inc. |
University of Houston |
Penelope Longbottom
Corporate Communications
(703) 821-3000, Ext. 201
longbottom@hqspacehab.com
|
Sheldon Smart
External Communications
(713) 743-8186 (office)
(281) 963-4918 (pager)
smart@uh.edu |
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