- Thursday, 05 April 2007
NASA has selected 18 Small Business Technology Transfer (STTR) research proposals for Phase 2 contract negotiations. The selected STTR projects have a total value of approximately $11 million, and the contracts will be awarded to 17 small, high-technology firms in 10 states.
The goals of the program are to stimulate technological innovation, increase the use of small businesses in meeting federal research and development needs, and increase private sector commercialization of innovations derived from federally funded research.
Phase 2 continues development of the most promising Phase 1 projects. Selection criteria include technical merit and innovation, Phase 1 results, value to NASA, commercial potential, and company capabilities.
For more information on NASA's STTR program, click here.