Supporting Small Business Growth in Space: SpaceWERX Releases $20 Million in Funding Opportunities for Phase III Work

AFWERX and SpaceWERX Announce Opportunity for Space Technology Submissions

SpaceWERX, the Department of the Air Force’s commercial investment arm, has announced the release of two program year 24 funding opportunities: Strategic Funding Increase (STRATFI) and Tactical Funding Increase (TACFI). These programs are designed to support space technology submissions and offer financial assistance to small businesses in transitioning from Phase II Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) contracts to Phase III work.

The STRATFI program provides funding ranging from $3 million to $15 million over a period of 48 months, while the TACFI program offers funding between $375,000 and $1.9 million over a 24-month period. Both programs are open to small businesses with Phase II SBIR or STTR contracts that have been active for at least 90 days or completed within two years of submitting a capability package.

Interested parties must submit a capability package by April 12 according to the latest notice of opportunity. It is important to note that for program year 24, the package must be submitted by the SBC’s government point of contact. This initiative has been reported on by the Air Force Materiel Command website.

Leave a Reply