American Aerospace Advisors, Inc.

  • ISIN: US9901247117
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Nachricht vom 09.03.2010 | 17:20

American Aerospace Accepting Commercial Reservations for Research on Last Scheduled Space Shuttle Mission


American Aerospace Advisors, Inc. / 

09.03.2010 17:20

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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RADNOR, Pa., March 9, 2010 (GLOBE NEWSWIRE) -- American Aerospace Advisors,
Inc. today announced that it is accepting commercial reservations for research
on STS-133 (ULF-5), the last scheduled Space Shuttle mission, which will
provide approximately two weeks of microgravity time. 

The company's commercial payload utilizes flight proven microgravity hardware
equipment flown on several earlier Space Shuttle space missions. The system
accommodates approximately 100 industry/university samples covering a wide
variety of research such as protein crystal growth, cell research, zeolite
crystallization, collagen polymerization, ceramic and polymer thin film
membrane casting, and a variety of fluid physics studies. All flight results
will be the property of the researcher. 

The on-orbit research opportunity was enabled through NanoRacks LLC
(http://www.nanoracksllc.com), which is working in partnership with NASA under
a Space Act Agreement as part of the utilization of the International Space
Station as a National Laboratory. 

David Yoel, CEO of American Aerospace Advisors, said, 'We are excited to
participate in the last scheduled Space Shuttle mission, carrying forward the
rich legacy of earlier efforts to explore the commercial value of processing
materials in the absence of gravity. The low gravity environment promises to
advance genetic medicines and other critical biological and industrial
sciences. Initial bookings have been robust, and we look forward to
accommodating many more researchers on this mission.' 

'Based on my experience as a student space experimenter at the dawn of the
Shuttle era,' Mr. Yoel continued, 'we plan to establish a competition to award
a university student research team's experiment a free ride, and to provide
additional student programs with discounted access to space. We expect their
work to produce a new generation of scientists and engineers that will lead a
new era of commercial space utilization.' 

Plans call for this to be the first in a series of AAAI commercial missions
designed to radically reduce the cost of access to space. 

About American Aerospace Advisors, Inc. 

American Aerospace Advisors, Inc. (AAAI) is a management consulting, strategic
marketing, and technical services firm serving the space, unmanned systems and
applied technology communities. AAAI brings together an exceptional network of
advisors, clients and partners, shaping opportunity with strategy to create
effective solutions to today's greatest challenges. Additional information is
available at www.American-Aerospace.net. 

CONTACT:  Kozel & Kludjian
          Media Contact:
          William Kozel
          +610-325-0900
          bill@kozel.us

News Source: NASDAQ OMX



09.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
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Language:     English
Company:      American Aerospace Advisors, Inc.
              
               
              United States
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         US9901247117
WKN:          
 
End of News                                     DGAP News-Service
 
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