What Happened
New Initiative Supports Small Businesses in Critical Space Components
NASA has partnered with the U.S. Small Business Administration (SBA) to attract capital to invest in companies producing critical space components. The partnership leverages the SBA’s Small Business Investment Company program to support small businesses working on technologies needed for Artemis and other key programs. NASA has identified seven focus areas, including energy production and advanced software systems. The agency’s new Office of Strategic Capital will manage the partnership, which aims to connect businesses to funding opportunities. This initiative was first reported by SpaceNews.