Space Ventures Overview

Space Force Accelerators help catalyze the match between commercial products and defense needs. Accelerators partner with startups and universities to grow their business model and Space Force capabilities.

The Catalyst Space Accelerator is a 12-week, semi-residential program located in Colorado Springs. It is designed to increase the Space Force’s awareness and rapid acquisition of commercial dual-use space technology by providing relevant business development training to Accelerator companies. It also connects these entrepreneurs with end-users, decision-makers, and potential new customers in the DoD and commercial realms.

These events enable entrepreneurs, warfighters, and experts to meet, learn, and discuss current challenges. Each unique Collider focuses on an area of interest to spark interaction and further collaboration among participants.

Venture Capital is a form of private equity and financing that investors provide to startups and small businesses believed to have long-term growth potential. Through SpaceWERX, the U.S. Space Force acts as a venture capitalist, investing in talent and technologies that can transition to solving Space Force needs. SpaceWERX is also working with the investor community to identify, accelerate, and scale emerging capabilities and markets.

Space Challenges are opportunities for individuals to submit solutions to specific challenges that the Space Force launches. Challenge winners might be funded for demonstration and testing and may even be eligible for a military contract.

Hyperspace Challenge brings together tech startups with government innovators to accelerate collaboration between commercial and government communities. Hyperspace Challenge’s unique virtual and in-person program facilitates interactions between promising technologies and timely problems to increase rapid acquisition and contracting opportunities.

The Small Business Innovation Research (SBIR) program enables small businesses to explore their technological potential and provide the incentive to profit from its commercialization by partnering with Space Force units. The SBIR program’s counterpart, Small Business Technology Transfer (STTR), offers an opportunity for university teams (undergraduate, graduate, doctorate, post-doctorate, faculty/staff) who have formed companies and partnered with a university or non-profit entrepreneurial development organizations to do business with the Space Force.