Research

Inside NASA’s SBIR Phase III Program, By The Numbers: Payload Research

NASA’s SBIR funding—particularly its Phase I & II tracks—has become a vital source of non-dilutive capital for early-stage space startups. At the same time, it has gained a reputation for coming up short in delivering on its larger Phase III programmatic contracts, leaving companies to navigate the “valley of death.”

Research

Payload Research: Detailing Artemis Vehicle R&D Costs

NASA is on pace to exceed $100B of Artemis funding by FY26, according to nominal dollar data from OIG, NASA budgets, and Payload analysis.  The program—which has penciled in its first crewed lunar landing by 2026—is one of the most expensive in NASA history.  The enormous costs largely accrue to development of the mission’s vehicle. […]

Research

Blue Origin’s 2025 Lunar Landing Goal

Blue Origin aims to land its Blue Moon Mark 1 cargo vehicle on the Moon next year, setting an aggressive timeline as the company charts a new course of decisive action and big swings after not reaching orbit in its first two decades of operations.