NASA Invests $105 Million in US Small Business Technology Development
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WASHINGTON, May 13, 2021 /PRNewswire/ NASA has a long history of supporting America s entrepreneurs as they develop technologies from ideas to commercial readiness. The agency s Small Business Innovation Research (SBIR) program is furthering that legacy with 140 new Phase II awards to 127 U.S. small businesses that will help them move their innovations to market.
The awards to these small businesses, located across 34 states and Washington, D.C., total $105 million. NASA s small business program is dedicated to finding the most useful technologies for the agency and the commercial marketplace, and sourcing those innovations from a diverse group of entrepreneurs with different backgrounds and perspectives. The companies chosen for Phase II funding include 33 women-owned, minority-owned, and veteran-owned small businesses.
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Small businesses are vital to NASA’s mission, helping expand humanity’s presence in space and improve life on Earth. NASA has selected 365 U.S. small business proposals for initial funding from the agency’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program, a total investment of more than $45 million.
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