SpaceDev posts net income of $101,000 in first quarter
SpaceDev Inc. of Poway, Calif., posted a 78% increase in revenues and improved its net income to about $101,000 in the first quarter of 2005, the company said May 17. The space products company, which lost about $443,000 in the first quarter of 2004, credited the gains to a backlog of contracts...
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