Status Report

NASA JPL Internal Memo: Presentation from Red Planet Capital venture fund

By SpaceRef Editor
October 10, 2006
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To: “All Personnel”
From: Carla J Bagdasaryan
Subject: Presentation from Red Planet Capital venture fund

You are invited to meet the principals of Red Planet Capital and hear them present NASA’s new strategic venture capital fund

Red Planet Capital is a venture fund investing in companies that target strong commercial markets with technologies that are relevant to NASA’s mission needs, including space exploration and the aeronautics industry. NASA has chosen Red Planet Capital as its strategic venture partner.

Red Planet Capital focuses on eight business sectors: information technology, communications, biomedical support, environmental systems, smart manufacturing, man-machine systems, energy, and advanced materials.

The fund invests up to $3 million to $5 million per company over multiple rounds of financing, with initial startup funding as low as $250,000.

It will be held in the 167 conference room on October 13, Friday from 11 am to 12 pm.

Carla Bagdasaryan
Technology Transfer Liaison and Outreach
Innovative Technology Assets Management Office
The Jet Propulsion Laboratory
(818) 393-3421

SpaceRef staff editor.