NASA and Small Business Administration Partner on Funding Key Space Technologies

SPACENEWS - NASA is partnering with the U.S. Small Business Administration (SBA) on an effort to attract capital to invest in companies producing critical space components.

NASA and the SBA signed a memorandum of agreement last week on the partnership, leveraging an existing SBA program that supports private investment in small businesses to help companies working on technologies needed for Artemis and other key programs.

Under the agreement, NASA will identify what it calls “strategic aerospace technology focus areas” and other supply chain needs. The SBA will work to attract capital through its Small Business Investment Company, or SBIC, program, in which the SBA provides government-guaranteed loans to match private capital.

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