NASA spends $45M to seed tech from hundreds of space businesses

Hundreds of small aerospace businesses will receive grant funding from NASA to accelerate their technologies, as part of a wider government program to seed cutting-edge American enterprises.
A total of 249 small businesses and 39 research institutions received Phase I grants under the space agency’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, NASA said Monday. Each award includes $150,000 for a total investment of $45 million.
Among the awardees are a handful of space startups that have also pursued venture capital to fund their businesses.

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