News and Press Releases

April 5, 2017 - Space Race Winner, ElectroKite, is 1 of 5 finalists for the MIT Clean Energy Prize

In the  largest student-led competition in clean energy in the US, ElectroKite places as 1 of one of only 5 teams selected for the clean energy generation category.

 

December 19, 2016 - NASA Names SDM Team a Winner in Startup Challenge, MITsdm

A team of students from the MIT System Design & Management (SDM) program recently won the NASA Startup Challenge in the category of wind energy production. The team’s winning product, the ElectroKite, is designed to harness wind energy resources at high altitudes, where wind speeds are higher and more sustained. 

 

December 6, 2016 - 2 NIU seniors are finalists in NASA competition, Chicago Sun-Times

Two Chicago-area college students have reached the final stage of NASA’s Space Race Startup Challenge, a contest aimed at encouraging startups to use federally funded technologies.

 

November 21, 2016 - MS in Biotechnology Students among the Winners of the CAI-NASA SPACE RACE Competition 

Team Genetoo, composed of several students from the AAP MS in Biotechnology program, won a startup competition, sponsored by NASA and the Center For Advancing Innovation (CAI).

 

November 16, 2016 - University of Windsor Student part of team named SPACE RACE winner for using NASA technology

A team including a University of Windsor engineering student used NASA technology designed for Mars to become the only Canadian-based team to win part of the U.S. SPACE RACE startup challenge.

 

November 3, 2016 - R&D 100 Special Report: Moon Shot Unicorns Waiting to Be Tapped

Truman, who also founded The Center for Advancing Innovation before joining PNNL, mentioned one of her latest programs that she’s worked on under her former company–the Space Race—emphasizing how space is a hot commodity right now. As of this year, the dynamics in space startups and investment have been described as “epic.” This is a branch that is said to create disruptive changes in everyday life, including space travel/tourism becoming a reality and asteroid mining. Her team teaches classes to companies that are looking to grow.

 

November 1, 2016 - SPACE RACE Challenge Winners Announced, El Paso Inc.

The Space Race Challenge is NASA’s first such competition. As part of the space agency’s long-time efforts to get more of its technology into the hands of private industry, it launched the Space Race in January with the nonprofit MCA Foundation in El Paso and the nonprofit Center for Advancing Innovation, based in Bethesda, Maryland.

 

November 1, 2016 - Canadian Startup, STRATODYNAMICS Named Finalist in Global NASA SPACE RACE Competition  

Gary Pundsack, CEO STRATODYNAMICS AVIATION INC. is proud to announce that the STRATODYNAMICS team are finalists in the NASA Space Race Competition with two separate National Aeronautics and Space Administration (NASA) inventions. In October, 2015, The White House announced its NASA Initiative to encourage the use of federally funded technologies by start-up companies. NASA in collaboration with Bethesda, Maryland based, Center for Advancing Innovation announced the finalists of the Space Race Challenge today.

 

November 1, 2016 - TTUHSC El Paso Med Students Win International SPACE RACE Competition

Fifteen (15) winners and finalists of the SPACE RACE startup challenge were announced today by the Center for Advancing Innovation (CAI). The SPACE RACE is a first-of-its-kind global initiative, which was formed in partnership with NASA to encourage the use of federally funded technologies by startup companies.

 

November 1, 2016 - The SPACE RACE Startup Challenge Announces 15 Winning Teams to Commercialize NASA inventions

Fifteen (15) winners and finalists of the SPACE RACE startup challenge were announced today by the Center for Advancing Innovation (CAI). The SPACE RACE is a first-of-its-kind global initiative, which was formed in partnership with NASA to encourage the use of federally funded technologies by startup companies.

 

October 18, 2016 - Engineering Student Teams Reach the Engineering Space Race Semi-Finals 

Getting the funding for space exploration and developing new technologies is something that NASA has struggled with over the last decade, despite impassioned pleas for the US government to invest in the organization, even from such popular science ambassadors as Neil deGrasse Tyson.

 

July 5, 2016 - The SPACE RACE Startup Challenge Advances 37 Teams to Write Business Plans for Commercializing NASA Inventions

From a pool of more than 300 aspiring entrepreneurs with expertise in engineering, business, and law, thirty-seven multidisciplinary teams have been selected to write business plans in Phase 2 of the SPACE RACE startup challenge. The SPACE RACE is a first-of-a-kind, global initiative to launch startups around near-term, commercially viable NASA inventions.

 

March 24, 2016 To the Moon! NASA Contest Kick-Starts Innovative Space Tech

A new NASA program rewards tech companies for building machines destined for Earth orbit — or even the moon. Dubbed "Startup NASA," the new program will make it easier for young companies to commercialize NASA technology by helping them with their cash flow and securing intellectual property.

 

February 1, 2016 - Space Race takes off, looking for entrepreneurs

The Space Race challenge has officially launched, and officials hit the road last week to build interest in the business plan and startup competition.

 

January 25, 2016 - The Center for Advancing Innovation and The Medical Center of the Americas Partner to Launch the SPACE RACE to Advance Promising NASA Inventions
The Center for Advancing Innovation and The Medical Center of the Americas launch the SPACE RACE challenge for student and entrepreneur teams to launch high-tech start-ups and to have the potential to receive significant seed funding.

 

January 25, 2016 - Startup competition's inventions list revealed

Ten NASA inventions that will be used for the Space Race startup challenge were unveiled Monday by organizers during an El Paso press conference.

 

January 18, 2016 - El Paso Inc: Startups to battle for NASA tech
The NASA technologies that entrepreneurs will compete for during the upcoming Space Race challenge in El Paso include a tiny control board for “nano” drones, a space mining robot and a sensor the width of a pin that can travel in the body to monitor a patient’s health.

 

January 2, 2016 - Editorial: Space Race promotes entrepreneurism

In this El Paso Times article, the Editor outlines the partnership between the Medical Centers of Americas Foundation and the Center for Advancing Innovation. The partnership entails the creation of a startup challenge with the purpose of commercializing NASA inventions in what will be called the Space Race.

 

December 22, 2015 - Medical Center of the Americas Foundation and the Center for Advancing Innovation Launch the SPACE RACE Challenge in Partnership with NASA
The Medical Center of the Americas Foundation has partnered with the Center for Advancing Innovation to launch the SPACE RACE Innovation Challenge designed to spur economic growth by launching new startups to advance and commercialize NASA’s commercially viable inventions that are available for licensing.

 

December 16, 2015 - Startup competition tied to NASA inventions
MCA is partnering with the Center for Advancing Innovation to launch the SPACE RACE. CAI has launched 32 biomedical companies through several award-winning startup challenges in recent years; CAI has had a long-term relationship with NASA to assist them with commercializing their inventions.

 

October 7, 2015 - FACT SHEET: Administration Celebrates Five-Year Anniversary of Challenge.gov with Launch of More than 20 New Public- and Private-Sector Prizes

The National Aeronautics and Space Administration (NASA) is launching “Startup NASA”, a new initiative to encourage the use of federally funded technologies by start-up companies. “Startup NASA” includes the opportunity for new companies to license NASA technologies with no up-front payment and kicks off an effort with the Center for Advancing Innovation (CAI) to encourage more space technology spin-offs by entrepreneurs. Startup NASA helps address two of the biggest challenges faced by start-up companies: raising capital and securing intellectual property rights. By eliminating up-front licensing fees, NASA is letting new companies hold onto their cash while securing the intellectual property rights needed to secure their competitive market space. This benefit is available to companies formed to commercialize NASA technology. In addition, to foster the creation of new start-up companies and encourage adoption of NASA technologies, NASA will work with the CAI to run a multi-phase business plan competition in 2016. CAI will review NASA’s portfolio of technologies and identify those that have near-term commercialization potential. CAI will conduct outreach teams to explore the market potential of the technologies and write business plans. The winners of the competition will be awarded a cash prize, provided by third-party venture capital investors, and will be encouraged to incorporate and pursue licensing the technologies from NASA, using their winnings as seed funding for the new business.