Contact: Judy Rovins
Phone: (800) 237-7203
NASA Awards CTC a New Five-Year Contract
NASA has announced the Center for Technology Commercialization,
Inc. (CTC, Inc.), headquartered in Westborough, Massachusetts,
as the winner in its competitive selection concerning a five-year
contract for the operation and management of its Northeast Regional
Technology Transfer Center. Cited for its superior knowledge of
NASA's needs, and outstanding past performance, CTC Inc. will
receive a total value of $7.13 million.
Space exploration is NASA's primary role. But America's
space agency has an additional mission to transfer technology
developed for space applications to U.S. Industry. To assist with
this technology transfer, NASA has announced its intention to
award contracts for the operation and management of four of its
six Regional Technology Transfer Centers. Clear winners have not
yet emerged in the Southeast and Mid-Atlantic Regions. Operating
since 1992, NASA's six centers serve several thousand customers
As a Regional Technology Transfer Center, CTC provides
a wide spectrum of commercialization services to companies seeking
to find and use new technology. Information searches, technology
scouting, competitive analysis, and analysis of technological
needs and/or problems are offered. CTC also offers support in
product definition, market analysis and strategic planning, all
pertaining to new technology based products.
CTC also assists the public safety community in
the adoption and utilization of cutting edge technology to improve
the safe and efficient delivery of police, fire and emergency
CTC in cooperation with NASA also provides an outreach
program to assist minority and women-owned businesses access and
to use advanced technology. CTC's Business Outreach Center is
funded by NASA to aid small Northeast firms to compete for NASA
CTC has regional headquarters in Massachusetts and
satellite offices to serve New England, New York and New Jersey.
Regional offices are located in Connecticut, Massachusetts, New
Hampshire, New Jersey, Metro New York and upstate New York, Vermont
and Rhode Island. CTC's senior personnel are accomplished technologists
with hands on experience building businesses.
Dr. Richard A. Callahan, CTC's President commented:
"Our mission is to make American companies more competitive through
product and process definition, technology acquisition and product
commercialization. We have extensive experience in positioning
start-up companies to attract capital; to interface with venture
capitalists and in restructuring troubled companies. We are, of
course, very proud that NASA has once again chosen CTC, over all
competitors, to commercialize their technology."
For more information call (508) 870-0042 or click
web page www.ctc.org.