Common Contracts
1 similar Umbrella Space Act Agreement contracts
PRESS RELEASE 191213, December 19, 2013 AD ASTRA ROCKET COMPANY AND NASA SIGN NEW AGREEMENTS ON VASIMR® DEVELOPMENT.Umbrella Space Act Agreement • December 19th, 2013
[Houston, Texas – for immediate release] – Ad Astra Rocket Company and the National Aeronautics and Space Administration (NASA) have signed an Umbrella Space Act Agreement to continue the parties’ collaboration in the development of the Variable Specific Impulse Magnetoplasma Rocket engine (VASIMR®). The Agreement was executed December 16, 2013 at NASA’s Lyndon B. Johnson Space Center (JSC) by its Director, Dr. Ellen Ochoa and by Ad Astra’s Chairman and CEO, Franklin R. Chang Díaz. The agreement specifies a five-year term and sets out the provisions by which the parties will contribute in-kind know-how and/or resources, with no transfer of funds in either direction, to facilitate the achievement of the partnership’s common and mutually-beneficial goals and objectives. The specific tasks to meet these objectives are defined in separate companion support agreements called Annexes.
