Advanced Space Wins $250,000 Innovation Award from Colorado Office of Economic Development and International Trade

Boulder, CO space company is developing a peer-to-peer navigation system for NASA’s return to the Moon

BOULDER, Colo.--()--Advanced Space LLC., a Boulder, CO company that designs software and provides specialized services for NASA, the U.S. Air Force, and commercial operators, announced today that it was selected from among 113 companies to receive a $250,000 Advanced Industries Accelerator Grant from the Colorado Office of Economic Development and International Trade (COEDIT).

“fund companies commercializing innovative technologies to create viable products that meet a market need and can be created or manufactured in Colorado and exported globally.”

This grant, announced in May, was created by COEDIT to “fund companies commercializing innovative technologies to create viable products that meet a market need and can be created or manufactured in Colorado and exported globally.” Applications were reviewed by select committees of business, technical and financial experts.

This matching grant will complement a recently signed contract with the National Aeronautics and Space Administration (NASA) for Advanced Space to continue the development of a peer-to-peer navigation system for the Moon.

To see what Advanced Space is creating, check out this infographic on the Cislunar Autonomous Positioning System

“Colorado has a long history of leadership and excellence in supporting humanity’s mission to visit, learn and live among the stars, most notably the global positioning system (GPS) we all use every day to travel on Earth,” said Bradley Cheetham, CEO of Advanced Space. “It’s exciting to think that our company can be part of a new generation of Colorado space companies that will support American, commercial, and international missions off-planet for decades to come.”

About Advanced Space

Advanced Space (http://advancedspace.com) supports the exploration, development, and settlement of space through software and services that leverage unique subject matter expertise to improve the fundamentals of spaceflight. Advanced Space is dedicated to improving the next generation of launch vehicles and spacecraft; developing autonomous, onboard capabilities for enhanced spacecraft operations; and supporting advanced spaceflight mission design efforts to the Moon, Mars, asteroids, and beyond.

Press Kit for this Announcement: http://advancedspace.com/media-kit/

Contacts

Advanced Space LLC.
Ian Murphy, 310.689.6397
press@advancedspace.com

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Release Summary

Boulder CO-based space company awarded $250K matching grant to build a peer-to-peer navigation system for NASA's return to the Moon.

Advanced Space LLC.