📺 Stream EntrepreneurTV for Free 📺

NASA Turns to Small Businesses for Advances in Space Travel More than a 100 proposals worth over $100 million were chosen through the agency's Small Business Innovation Research program.

By Nina Zipkin

entrepreneur daily

NASA is turning to entrepreneurs across the country to help further its exploration of deep space. The agency has chosen 137 research and technology proposals from 117 companies as part of the Small Business Innovation Research (SBIR) program.

Altogether, these proposals, which were selected from a pool of 323 submitted over the past year, represent contracts valued at more than $100 million.

Related: International Space Station Crew Returns Home Today. See Photos of Their Year in Space

To cull the applications, NASA looked at a number of factors including the experience and qualifications of each small business and their idea's feasibility and commercial potential.

Selected projects include software that powers unmanned aircraft systems, low-cost 3-D printing technology, tools that measure and identify exoplanets and sensors that help make launch sites safer.

Related: Report: Space Projects Lured $1.8 Billion in Venture Capital Last Year

While NASA's ultimate mission is to explore space, the program has the immediate benefit of helping small businesses back on earth.

"These proposals represent the entrepreneurial spirit of small businesses that fuel our economy and create jobs on Main Street," said Steve Jurczyk, associate administrator for the Space Technology Mission Directorate. "The dollar value of these innovation projects represents an investment in the American economy."
Nina Zipkin

Entrepreneur Staff

Staff Writer. Covers leadership, media, technology and culture.

Nina Zipkin is a staff writer at Entrepreneur.com. She frequently covers leadership, media, tech, startups, culture and workplace trends.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.