SPACEHAB changes name to Astrotech

HOUSTON, 21 Feb. 2009.SPACEHAB Inc., a provider of commercial space services, is changing its corporate name to Astrotech Corp. SPACEHAB has filed for and received approval for the name change.

"Astrotech Corp. is a name that more accurately reflects the company's current mission and vision for future growth," says Thomas B. Pickens III, SPACEHAB's chairman and chief executive officer. "By aligning our corporate name with our core business offering, we are communicating to the investment community and customers the company's new focus."

As a result of the shareholder authorization, the company notified the NASDAQ Stock Market of the name change.