Space Foundation partners with SAIC to drive space commerce entrepreneurship program – SatNews
Space foundation formalized its partnership with International Society for Scientific Applications. (SAIC), a Fortune 500 technology integrator driving the country’s digital transformation.
SAIC joined the Space Foundation in announcing the first inclusive space cohort of six companies representing small minority-owned and women-owned businesses for a partnership Space Commerce Entrepreneurship Program. The six companies were selected based on their diverse capabilities and their ability to meet the critical needs of SAIC’s space customers.
The announcement was made at the Space Commerce Entrepreneurship Program organized lunch at The Broadmoor Hotel in Colorado Springs in collaboration with the 36th Annual Space Symposium, the first assembly of the global space ecosystem, hosted by the Space Foundation. The lunch included presentations by SAIC, Space Development Agency (ADD), and Air Force Research Laboratory (AFRL) on high-level objectives and capabilities required for future missions.
The Space Commerce Entrepreneurship Program helps small businesses and individuals navigate the global space ecosystem through its Workforce Development Roadmap. The program was piloted successfully for the first time in 2019 in workshops across the Americas by the Space Foundation Center for Innovation and Education under one United States Department of Commerce Minority Business Development Agency grant and today offers live workshops and online programs in collaboration with public and private companies, government agencies, universities, accelerators / incubators and local communities. Entrepreneurs acquire key information that addresses the most common challenges in doing business in the space industry. A complement Junior Space Entrepreneur Program, offered to teachers and students, has been recognized by Fast Company with a 2020 World Changing Idea award.
The collaboration between SAIC and the Space Foundation began with identifying companies that matched SAIC’s technical priorities. Companies meeting these needs participated in the Space Commerce Entrepreneurship Program, which consists of three phases to include special programming at the 36th Annual Space Symposium, a virtual workshop to align goals and capabilities, and mentorship. professionals in space exploration and industries inspired by space.
“Inclusion is essential for success in the space. As an integrator, SAIC is constantly in contact with industry, government and academia to find and develop the best solutions, and we cannot ignore new and promising sources of innovation,” noted David Ray, senior vice president of space at SAIC. “The partnership with the Space Foundation and a cohort of extremely promising small businesses is a natural extension of this philosophy. Looking at the variety of backgrounds and abilities represented in this new program, I can’t help but get excited about tomorrow and what these relationships will mean for space missions.. “
“The opportunities for various companies to integrate into the deep and rich supply chain of the global space ecosystem are both vast and yet close at hand, and essential for advancing space innovation.,” noted Shelli-Brunswick, COO and CEO of the Space Foundation Center for Innovation and Education. “Our partnership with SAIC validates our successful track record with entrepreneurs as we honor six companies, each showing a unique and promising future as a contributor to space exploration and space-inspired industries.. “