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Boeing, CASIS Aim to ID ‘Flight-Ready’ Space Research Concepts Through Accelerator

Boeing, CASIS Aim to ID ‘Flight-Ready’ Space Research Concepts Through Accelerator - top government contractors - best government contracting event
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space engineeringBoeing has joined forces with the Center for the Advancement of Science in Space for an initiative to identify flight-ready concepts with the goal of advancing the U.S. National Laboratory onboard the International Space Station.

The partnership aims to support entrepreneurial researchers through MassChallenge, a four-month global startup accelerator program that provides funding support and mentorship to participants, CASIS said Wednesday.

Companies that qualify for the program will receive $600,000 in total sponsorship funding from CASIS and Boeing combined.

MassChallenge also offers free office space, $1 million in cash awards and up to $10 million through in-kind support to program participants.

Boeing says MassChallenge alumni have raised more than $360 million combined in outside funding, generated nearly $100 million in revenue and created more than 3,000 jobs since 2010.

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Written by Elizabeth Leigh

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