POWAY, CA–(EMWNews – August 7, 2008) – SpaceDev, Inc. (OTCBB: SPDV) will host a

conference call to discuss its second quarter 2008 financial results on

Monday, August 18, 2008, at 11:30 a.m. EDT. The Company expects to file

its second quarter Form 10-Q with the Securities and Exchange Commission no

later than Friday, August 15, 2008 and issue a related press release on its

financial results at that time.

SpaceDev invites all those interested in hearing management’s discussion of

the quarter to join the call by dialing (866) 289-3234 and entering the PIN

8832 when prompted. A replay of the conference call will also be available

for seven days through the investor relations section of SpaceDev’s

website, www.spacedev.com.

About SpaceDev

SpaceDev, Inc. is a space technology/aerospace company that creates and

sells affordable and innovative space products and mission solutions. For

more information, visit www.spacedev.com.