Sep 26 2002
From The Space Library
NASA announced an agreement with the National Institute of Aerospace Associates (NIAA), an organization of universities and nonprofit organizations engaged in aerospace research, to create the National Institute of Aerospace (NIA) at NASA's LaRC. NASA described the agreement with NIAA as a long-term commitment to expand its collaboration with universities, industry, and other entities. The new NIA would host advanced aerospace and atmospheric research and the development of related technologies, offering graduate degrees in engineering and science, facilitating the growth of new business opportunities, and stimulating the commercialization of new intellectual property. The basic five-year cooperative agreement was valued at US$69 million, and the contract's total value could increase to US$379 million with the acceptance of three five-year options. (NASA, “NASA Selects Corporation To Lead Innovative Research Institute,” news release c02-aa, 26 September 2002.)
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