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NASA Maintains ‘A’ for Investing in Small Businesses



Isabella Casillas Guzman, Administrator of the Small Business Administration (SBA), left, answers a question after unveiling the 2022 Small Business Federal Procurement Scorecard, at an event hosted by NASA Administrator Bill Nelson, right, and NASA Deputy Administrator Pam Melroy, Tuesday, July 18, 2023 in the Earth Information Center at the Mary W. Jackson NASA Headquarters building in Washington. For the sixth year in a row NASA has received an “A” rating from SBA for its work with small businesses. Photo Credit: (NASA/Aubrey Gemignani)

During an Investing in America event Tuesday with NASA leadership, the Small Business Administration (SBA) announced the space agency earned an “A” for the sixth consecutive year for its work with small businesses, exceeding its goals by 18%.

In total, NASA has directly invested $3.6 billion in over 1,700 small businesses across the country, creating good-paying jobs and opportunities for Americans in all 50 states.

Hosted by NASA Administrator Bill Nelson and NASA Deputy Administrator Pam Melroy, SBA Administrator Isabella Casillas Guzman unveiled the Fiscal Year 2022 Small Business Federal Procurement Scorecard at NASA Headquarters in Wa shington. The scorecard looks at how federal agencies rank on meeting their small business goals.

“We’re excited to receive yet another “A” in this year’s Small Business Administration’s scorecard. NASA is investing in America by partnering with small businesses around the country and in every single state,” said Nelson. “Small businesses are integral to everything we do from finding first galaxies to investigating Mars and the universe to sending a new generation of explorers to the Moon through Artemis. Together, every advancement and achievement we make is for humanity.”

SBA’s scorecard is an assessment tool that measures how well federal agencies reach their small business and socio-economic prime contracting and subcontracting goals set by the White House.

“NASA is one of the leading agencies in delivering on the Biden-Harris Administration’s commitment to make federal contracting and procurement opportunities more readily available and remove barriers faced by underserved individuals and communities,” said Guzman. “Space exploration opens endless possibilities for understanding our own world and our universe, and American small businesses are the engines powering the next exciting era of exploration and achievement.”

This year, NASA received a grade of “A” from SBA for investing more than $3.6 billion dollars directly to various socioeconomic small businesses, along with $3.5 billion subcontracted to small businesses from the agency’s large contractors. The $7.1 billion dollars obligated through its prime and subcontracts to small business equates to 36% of NASA’s total obligated dollars in Fiscal Year 2022.

“It’s the small business innovators, thinkers, and doers who are helping us imagine and prepare for the future of space exploration,” said Melroy. “Our work creates good-paying American jobs; strengthens innovation and development opportunities; and increases competitiveness; which in turn creates a robust and global space economy and sets the rules and norms in space.”

The agency’s Office of Small Business Programs (OSBP), led by Glenn Delgado, associate administrator for OSBP, works to integrate small businesses into the future of space exploration, scientific discovery, and aeronautics research. OSBP works in tandem with NASA’s Office of Procurement, led by Karla Smith Jackson, deputy chief acquisition officer and assistant administrator for procurement, to identify prime and subcontracting opportunities for the small business community to work with NASA.

Additional participants at the event included representatives from three small businesses working with NASA:

  • Timothy Richardson, FDSS-III program manager, OPR, LLC
  • Daryl Carrington, director of business development, OPR, LLC
  • Ed Aguayo, president, Newton, LLC
  • Justin Ward, vice president, Newton LLC
  • Ashok Jha, president, Adnet
  • David Morris, vice president, Adnet

Whether providing critical support for the James Webb Space Telescope, science and technology, or the Artemis program, thousands of small businesses across the country have a hand in NASA missions. Learn more about NASA’s Office of Small Business Programs at:



Boom Partners with Latecoere for Supersonic Aircraft EWIS Architecture

Boom teams up with Latecoere to redefine EWIS architecture for supersonic aircraft, bringing together expertise for optimal safety and reliability.



Boom, the innovative aerospace company, has announced its collaboration with global aerospace leader Latecoere as part of its expanding network of suppliers. Latecoere’s engineering team in Toulouse, France, will work in conjunction with Boom engineers to define the complete electrical wiring interconnection system (EWIS) architecture for both Overture and Symphony aircraft.

Latecoere’s expertise in developing and manufacturing certifiable EWIS and advanced aircraft technologies makes them a valuable addition to Boom’s lineup of suppliers for Overture. The EWIS for these aircraft will consist of an extensive 103 kilometers (64 miles) of wiring, encompassing over 45,000 electrical connections. This comprehensive system ensures optimal safety and reliability for Overture and Symphony.

Latecoere brings years of experience in complex aircraft development processes and methods, making them an ideal partner for Boom. The company’s industry-leading harness architecture definition software stack will be leveraged to support Boom’s ambitious goals in sustainable supersonic air travel.

By collaborating with top-tier suppliers like Latecoere, Boom is demonstrating its commitment to assembling a world-class team to make supersonic air travel a reality. Latecoere’s CEO, Greg Huttner, expressed pride in supporting Boom’s vision and continuing to contribute to the development of next-generation flight. This partnership is a significant step forward in the advancement of supersonic aviation technology.


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Sierra Space Layoffs: Impact on Dream Chaser Spacecraft and Future Plans

Sierra Space lays off employees and contractors after completing Dream Chaser spacecraft. Uncertainty looms for the company’s future.



Image: Sierra Space

In a surprising turn of events, Sierra Space, the Colorado-based aerospace company, has announced layoffs affecting a significant number of employees and contractors. The company, known for its construction of the innovative Dream Chaser spacecraft, recently completed its first spacecraft and is preparing for its maiden launch.

Sierra Space, which previously employed around 2,200 individuals across the country, has informed approximately 165 employees and an undisclosed number of contract workers that their positions will be terminated. The news of these job cuts was initially reported by CNBC and has since been confirmed by a company spokesperson.


This announcement brings a sense of uncertainty for those impacted by the layoffs, as well as the broader aerospace community. While Sierra Space has taken a significant step forward in its space exploration endeavors with the completion of the Dream Chaser spacecraft, it appears that the company is undergoing internal restructuring.

As the Dream Chaser spacecraft heads to a NASA testing facility in preparation for its upcoming launch, scheduled for April, the future of Sierra Space remains uncertain. The aerospace industry will be watching closely to see how this setback impacts the company’s trajectory and its ability to continue pushing the boundaries of space exploration.

Take a look at the story on CNBC. https://www.cnbc.com/2023/11/16/sierra-space-layoffs.html


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Boom Supersonic Announces New Aircraft, Engine, and Investment Milestones



New strategic investment from NEOM comes as XB-1, Symphony and Overture achieve important program milestones

DENVER /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, announced today multiple milestones across the Overture airliner, Symphony engine, and XB-1 supersonic demonstrator programs. The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF). Boom’s total funding to date now exceeds $700 million.

New strategic investment from NEOM Investment Fund comes as XB-1, Symphony and Overture achieve important program milestones.

“Our goal is to bring the world closer together through faster flights,” said Blake Scholl, founder and CEO of Boom Supersonic. “We’re excited to collaborate with partners and investors around the globe as we work to realize our shared vision.”

Announced on October 24, the NEOM Investment Fund is the strategic investment arm of NEOM, the sustainable regional development in northwest Saudi Arabia. As part of the agreement, Boom and NIF will collaborate on opportunities to make the Gulf region dramatically more accessible, through the power of supersonic flight. The NIF investment now takes Boom’s total funding from investment and other capital sources to more than $700 million. 

XB-1 readying for first flight this year
Boom achieved key milestones toward XB-1’s historic first flight, which remains on track for later this year at the Mojave Air & Space Port. After the receipt of its airworthiness certificate from the Federal Aviation Administration (FAA), XB-1 has recently completed successfully a number of integrated tests, including ground vibration mode testing, fuel system integrated testing, engine operability testing, and medium-speed taxi testing up to 90 knots. Following its Flight Readiness Review (FRR) last week, XB-1 will conduct high-speed taxi testing in final preparation for its first flight. 

Symphony propulsion system hits development milestone
Boom also announced that Symphony, the Boom-developed propulsion system purpose-built for sustainable and economical supersonic flight, has successfully conducted its key 2023 engineering milestone, known as the Conceptual Design Review (CoDR). This important achievement paves the way toward Symphony’s first hardware rig tests planned for 2024. 

Overture Superfactory construction ahead of schedule
In late September, Boom commemorated the “topping out” of the Overture Superfactory at the Piedmont Triad Airport in Greensboro, North Carolina, signifying the completion of the building’s frame. Over the past six weeks, the company has finished the decking on the top of the structure, poured the concrete flooring, and installed the metal side wall panels. The work to complete the Overture Superfactory is now ahead of its original schedule with completion anticipated in the second quarter of 2024.

For more information about Overture, please visit: https://boomsupersonic.com/overture

For more information about XB-1, please visit: https://boomsupersonic.com/xb-1

About Boom Supersonic
Boom Supersonic is transforming air travel with Overture, the world’s fastest airliner, optimized for speed, safety, and sustainability. Overture will fly at twice the speed of today’s airliners and is optimized to run on 100% sustainable aviation fuel (SAF). Overture’s order book stands at 130 aircraft, including orders and pre-orders from American Airlines, United Airlines, and Japan Airlines. Boom is working with Northrop Grumman for government and defense applications of Overture. Suppliers and partners collaborating with Boom on the Overture program include Aernnova, Leonardo, Aciturri, Safran Landing Systems, Eaton, Collins Aerospace, and the United States Air Force.

Symphony™ is the propulsion system that will power Overture, a Boom-developed engine with world-class suppliers including Florida Turbine Technologies (FTT), a business unit of Kratos Defense & Security Solutions, Inc., GE Additive, and StandardAero. For more information, visit https://boomsupersonic.com

Connect with Boom Supersonic on TwitterLinkedInFacebookInstagramYouTube

NEOM Investment Fund
NEOM Investment Fund is the strategic investment arm of NEOM, designed to activate, advance, and accelerate the global transformational changes critical to a sustainable future. NIF will support the buildout and development of NEOM and deliver mutual, long-term value across sector projects with large multinationals, innovators, and the wider institutional investment community that are participating in the building of NEOM and the implementation of its vision for the future. Its core activities include executing investments alongside NEOM’s sectors and subsidiary companies in pioneering growth companies and next-generation industries, and on fundraising at the project level that would ultimately lead to strategic management of NEOM’s diverse portfolio of commercial assets. As a catalyst for change, NIF actively seeks out and advocates for setting up large anchor businesses in NEOM, along with “moonshot” tech investments that are required to deliver sustainable long-term prosperity at a time when the world faces challenges of unprecedented scale and complexity.

For more information about NEOM Investment Fund, visit https://www.neom.com/en-us/invest/neom-investment-fund or visit http://www.neom.com and http://www.neom.com/en-us/newsroom

SOURCE Boom Supersonic

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