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NASA and SBA Set to Launch New Initiative for Small Businesses in Space

NASA and SBA Set to Launch New Initiative for Small Businesses in Space

NASA and the U.S. Small Business Administration will sign a memorandum of agreement to foster a new initiative aimed at supporting small businesses in the space sector.

Editorial Staff
1 min read
Updated about 4 hours ago
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On June 29, 2026, NASA and the U.S. Small Business Administration (SBA) will formalize a partnership at a ceremony scheduled for 1 p.m. EDT at NASA Headquarters in Washington.

This memorandum of agreement is intended to create an interagency initiative that focuses on bolstering small businesses operating within the space industry.

The collaboration aims to enhance investment in American manufacturers and technology providers that are essential for space exploration.

Updates

Update at 20:39 UTC on 2026-06-29

NASA News reported NASA and the U.S. Small Business Administration (SBA) launched the SBIC-NASA Initiative on Monday to increase investment in American manufacturers of industrial components and providers of technologies critical to space exploration to suppo.

Sources: NASA News