SpaceDev Announces Timing of Second Quarter 2008 Earnings Release and Conference Call
           

<p>POWAY, CA--(Marketwire - August 7, 2008) -  SpaceDev, Inc. (<exchange name="OTCBB">OTCBB</exchange>: <ticker name="SPDV">SPDV</ticker>) 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.
<p>
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.

           

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