SPACEX SUCCESSFULLY COMPLETES ISO 9001 REGISTRATION AUDIT

El Segundo CA – April 11, 2006 – SpaceX announced the company’s full compliance with ISO 9001:2000, an international quality management standard. An independent audit evaluated the design, manufacture, and testing of SpaceX launch vehicles, as well as launch services, vehicle transport activities and launch vehicle recovery operations. ISO 9001 Certification was recommended by NSF-ISR, a registrar accredited by the ANSI/ASQ National Accreditation Board.

“SpaceX is focused on improving the reliability and reducing the cost of access to space,” said Elon Musk, SpaceX CEO. “Passing the ISO 9001 audit demonstrates our commitment to implementing quality processes at every level of our operation.”

The audit by NSF-ISR included all activities at the company's five main facilities in California, as well as engine and structural test activities in McGregor TX. SpaceX plans to add AS9100 certification, an exacting quality standard specific to the aerospace community, within the next few months.

About SpaceX

SpaceX is developing a family of launch vehicles intended to reduce the cost and increase the reliability of both manned and unmanned space transportation ultimately by a factor of ten. With its Falcon line of launch vehicles, SpaceX is able to offer light, medium and heavy lift capabilities, as well as deliver spacecraft into any inclination and altitude, from low Earth orbit to geosynchronous orbit to planetary missions.

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