JAN 04, 2024 2:15 PM PST

Commercial Space Companies Receive Latest Batch of Awards from NASA

The commercial space industry recently received a boost after NASA awarded 10 small businesses up to $150,000 each as part of NASA’s Small Business Innovation Research (SBIR) Ignite program, granting each company six months to demonstrate the viability and additional standards of their mission proposals. This funding comes as part of the second round of Phase I awards and holds the potential to continue the development of the commercial space industry for the short- and long-term.

“The investments we’re able to offer through SBIR Ignite give us the ability to de-risk technologies that have a strong commercial pull, helping make them more attractive to outside investors, customers, and partners,” said Jason L. Kessler, who is the Program Executive for the NASA SBIR & Small Business Technology Transfer (STTR) Program. “We also hope it advances the sometimes-overlooked goal of all SBIR programs to increase private-sector commercialization of the innovations derived from federal research and development funding.”

The 10 companies selected for this latest round of funding include (in alphabetical order): Astral Forge LLC, Astrobotic Technology Inc., Benchmark Space Systems, Brayton Energy LLC, Channel-Logistics LLC dba Space-Eyes, GeoVisual Analytics, Lunar Resources Inc., Space Lab Technologies LLC, Space Tango, and VerdeGo Aero.

The proposals selected also include a broad range of Earth- and space-related pursuits, including water management, in-space production applications, space debris detection, propulsion, lunar in-situ resource utilization, and electric powerplants.

This funding comes as the commercial space industry continues to make strides towards advancing space exploration, and specifically human space exploration. This includes the SpaceX Starship, which is currently slated to land astronauts on the lunar surface in the next few years, along with Axiom Space looking to establish the world’s first commercial space station, as well.

How will the commercial space industry continue to contribute to space exploration in the coming years and decades? Only time will tell, and this is why we science!

As always, keep doing science & keep looking up!

Sources: NASA, NASA (1), SpaceX, Axiom Space

Featured Image Credit: NASA

About the Author
Master's (MA/MS/Other)
Laurence Tognetti is a six-year USAF Veteran who earned both a BSc and MSc from the School of Earth and Space Exploration at Arizona State University. Laurence is extremely passionate about outer space and science communication, and is the author of "Outer Solar System Moons: Your Personal 3D Journey".
You May Also Like
Loading Comments...