JSC signs deal for space business opportunities

December 14, 2011 7:52:41 AM PST
Johnson Space Center has reached a high-tech deal to open its facilities and resources to outside projects now that the shuttle program is retired.

JSC and the Houston Technology Center on Tuesday announced a partnership to support emerging technology companies in the area. The agreement was signed by the director of JSC, former astronaut Mike Coats.

JSC managed the space shuttle program, involving thousands of jobs.

The president of the Houston Technology Center, Walter Ulrich, says the partnership is meant to promote entrepreneurial opportunities to the transitioning workforce in the area.

The Houston Technology Center has opened a satellite office at JSC. Officials say one venture focuses on small satellites and increasing student experiments on the International Space Station.