NEW RELATIONSHIP WITH NOVESPACE COMPLETES FINAL STEP
IN SPACEHAB’S “MICROGRAVITY STAIRCASE”

SPACEHAB Offers Researchers Choice of Ground-based,
Sub-orbital and Space-based Facilities

Vienna, VA, June 30, 1998 -- A series of recent agreements has enabled SPACEHAB, Inc. (Nasdaq: SPAB), the leading commercial space services company, to establish a “Microgravity Staircase,” a comprehensive portfolio of ground-based, sub-orbital and space-based microgravity research facilities designed to meet a variety of needs and budgets.

Under an arrangement announced today with NOVESPACE, S.A. the leading European provider of microgravity parabolic flight opportunities, SPACEHAB plans to market and sell flights aboard NOVESPACE’s Airbus-300 Zero-G aircraft to U.S. users for scientific and technological experiments. This new relationship complements those established with other companies earlier this summer to provide lower- and upper-level steps of the progressive Microgravity Staircase.

Previous deals have included a June 19 agreement with Guigné Technologies Limited to market space aboard the revolutionary SpaceDRUMSTM microgravity processing facility; a June 18 agreement with Daimler-Benz Aerospace AG to market sounding rocket flight opportunities; and SPACEHAB’s May 7 acquisition of the free-flying Wake Shield Facility.

With the Staircase in place, SPACEHAB now offers government, commercial and academic customers research opportunities aboard a variety of platforms. Each step in the staircase offers a different duration of microgravity exposure, providing researchers steadily increasing periods of microgravity as their experiments progress in complexity and level of funding.

“Our Microgravity Staircase provides experiment processing and testing through all phases of microgravity research, from small, university-class payloads to dedicated government-sponsored science missions,” SPACEHAB President David A. Rossi said. “Whether a given experiment requires a 30-second ride aboard a parabolic aircraft, a 15-minute trip aboard a sub-orbital rocket, or a few days’ stay on an orbiting platform, SPACEHAB will be able to provide processing and servicing before, during and after flight,” Rossi said.

SPACEHAB, with its ASTROTECH subsidiary, is the world’s 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.