25 April 2014
The Center for the Advancement of Science in Space and The Boeing Company (NYSE: BA) said they will collaborate to provide support to entrepreneurial researchers through the MassChallenge Startup Accelerator.
CASIS is the nonprofit organization responsible for managing and promoting research onboard the International Space Station US National Laboratory. Boeing is the International Space Station sustaining engineering contractor responsible for the successful integration of vehicle and payload hardware and software for the orbiting laboratory.
MassChallenge is the largest-ever startup accelerator, and the first to support high-impact, early-stage entrepreneurs without taking any equity. Its four-month program offers world-class mentorship, free office space, USD1m in cash awards, and up to USD10m through in-kind support. MassChallenge alumni have collectively raised over USD360m in outside funding, generated nearly USD100m in revenue, and created over 3,000 jobs since 2010.
The MassChallenge Startup Accelerator closed its four-month program on April 2. However, any proposal from an early-stage startup with a flight-ready concept that is US based is eligible for ISS National Lab sponsorship and funding through this collaboration. For additional information on the contest, visit www.masschallenge.org
The Center for the Advancement of Science in Space was selected by NASA in July 2011 to maximize use of the International Space Station US National Laboratory through 2020. For more information, visit www.iss-casis.org.
In 2005, Congress designated the US portion of the International Space Station as the nation´s newest national laboratory to maximize its use for improving life on Earth, promoting collaboration among diverse users, and advancing STEM education. This unique laboratory environment is available for use by other US government agencies and by academic and private institutions, providing access to the permanent microgravity setting, vantage point in low Earth orbit, and varied environments of space.