SpaceDev Announces Timing of Fiscal Third Quarter 2007 Earnings Release and Conference Call

SpaceDev, Inc. (OTCBB: SPDV) will host a conference call to discuss its third quarter 2007 financial results on Tuesday, November 13, 2007, at 10:30 a.m. EST. The Company expects to file its third quarter Form 10-QSB with the Securities and Exchange Commission, and issue a related press release, on Monday, November 12.

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 7 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.