Spacehab Cancels COTS Space Agreement With NASA

According to NASA sources, Spacehab notified NASA on 29 May 2008 that it was requesting that its COTS (Commercial Orbital Transportation Services) Space Act Agreement (SAA) be terminated within 30 days. The reason given by Spacehab is an inability, on Spacehab’s part, to meet SAA-specified milestones with the use of internal funds. NASA will terminate the SAA on 28 June 2008. Spacehab has confirmed this information but says that no formal press release is expected at this time.

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