Space Station and Space Hotel Launch at UN Conference

VIENNA, AUSTRIA, March 28, 2014

Orbital Technologies attends United Nations COPUOS Meeting in Vienna, Austria as it begins contracting with clients. New Zealander Stiphan Beher, Chief Operating Officer for Orbital Technologies said, "we are pleased with the progress made with contracting with end clients and are close to finalizing agreements with a number of smaller Sovereign Space Agencies. We bring a cost effective opportunity for space agencies to have astronauts at the Commercial Space Station."

Orbital Technologies, majority owned by Eric Anderson, a major shareholder in Space Adventures and Planetary Resources, is developing the Commercial Space Station. Partnered with the Russian Federal Space Agency (RosCosmos) and S.P. Korolev Rocket and Space Corporation (Energia), developer of the Soyuz space transport module, Mir Space Station and the Russian module of the International Space Station, Orbital Technologies will utilize established technology for its deployment.

The Space Station will be capable of accommodating a crew of seven for periods of up to six months and will orbit at 250 miles above Earth. The Station will also incorporate the world's first Space Hotel.