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SpaceDev is an aerospace company, now most prominent for its spaceflight work. It built most of the hybrid rocket engine for the Tier One suborbital space program. It is also developing a piloted suborbital spacecraft of its own, the SpaceDev Dream Chaser, in collaboration with NASA.

SpaceDev was founded in 1997 by Jim Benson , who as of 2004 serves as the company's CEO. The company's objective is to make routine commercial spaceflight possible.

Investors are over-the-counter trading the company's stock, ticker SPDV. Speculative trading drove the stock price up 60% in anticipation of President Bush's Vision for Space Exploration speech on January 14, 2004. The stock has sustained a strong value beginning prior to SpaceShipOne's first suborbital flight on June 21, 2004.

The company is based in Poway, California.

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SpaceDevSpaceDev is an aerospace company, now most prominent for its spaceflight work. It built most of the hybrid rocket engine for the Tier One suborbital space program. It is also developing a piloted suborbital spacecraft of its own, the SpaceDev Dream Chaser

SpaceDev Dream ChaserThe SpaceDev Dream Chaser is a planned crewed suborbital spacecraft being developed by SpaceDev and NASA. The project was publicly announced on September 20 2004, and may fly in 2008. The design concept calls for a spaceplane with a single hybrid rocket e

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