SPDV SpaceDev, Inc. is engaged in the conception, design, development, manufacture, integration and operations of space technology subsystems, systems, products and services. It is focused on the commercial and military development of low-cost micro-satellites, nano-satellites and related subsystems, hybrid rocket propulsion for space and launch vehicles, as well as the associated engineering technical services to government, aerospace and other commercial enterprises. The Company's products and solutions are sold directly to these customers and include micro- and nano-satellites, hybrid rocket-based launch vehicles, orbital Maneuvering and orbital Transfer Vehicles (MoTV), as well as safe sub-orbital and orbital hybrid rocket-based propulsion systems. SpaceDev is also developing commercial hybrid rocket motors for possible use in small launch vehicles, targets and sounding rockets, and small high-performance space vehicles and subsystems.