Paris, 26 March 2021. – NASA is boosting 365 small house companies and institutes within the U.S. funding them with a complete of $45 million, the company stated.
“Small companies are important to NASA’s mission, serving to increase humanity’s presence in house and enhance life on Earth,” the company stated. It chosen 365 U.S. small enterprise proposals for preliminary funding from the company’s Small Enterprise Innovation Analysis (SBIR) and Small Enterprise Expertise Switch (STTR) program.
NASA stated it chosen 289 small companies and 47 analysis establishments to obtain Section I funding this yr. Greater than 30% of the awards will go to first-time NASA SBIR/STTR recipients. “We’re excited to have a big cohort of recent small companies be a part of the NASA household,” the company stated.
Section I SBIR contracts are awarded to small companies and final for six months, NASA stated, whereas Section I STTR contracts are awarded to small companies in partnership with a analysis establishment and final for 13 months. Primarily based on their progress throughout Section I, corporations could submit proposals to obtain further funding.