CASIS Announces Partnership With Angelus Funding to Identify New and Unique Start-Ups for ISS Research

KENNEDY SPACE CENTER, FL. (December 19th, 2013) – The Center for the Advancement of Science in Space (CASIS) today announced a partnership with Angelus Funding to identify and possibly fund new and intriguing start-up commercial projects destined for the International Space Station (ISS) that are capable of benefitting life on Earth.

Angelus Funding is a network of members who come from the financial, technology, medical and legal industries.  Angelus Funding members evaluate and invest in a broad range of start-up to early stage opportunities across a range of disciplines, including technology, energy, and life sciences.  CASIS is the nonprofit organization promoting and managing research onboard the International Space Station (ISS) U.S. National Laboratory. 

This partnership leverages Angelus Funding’s considerable access to capital and collection of professionals capable of identifying opportunistic commercial projects that result from the unique environment provided on the ISS National Lab.  Angelus Funding will then present these opportunities to its members for potential investment. CASIS itself will receive no investment but acts as a conduit for bringing together Angelus Funding and potential candidates for funding.

“We are very excited about bringing forward-thinking and impactful investment opportunities to our network and members,” said Angelus Funding Chief Executive Officer, Stephan Reckie. “We are also in constant dialogues with other investment groups to share opportunities where we see a good fit,” adds Angelus Funding Chief Financial Officer, Jerome Wong.

“Today’s announcement signifies the key role that outside investors can play in bringing capable, near flight-ready projects to the ISS that otherwise might not be possible,” said CASIS Director of Development and Interim Director of Business Development, Ed Harris. “Angelus Funding has a unique ability to understand commercial trends and opportunities, and we look forward to working alongside them as we both push the limits of what is possible on our Nation’s only orbiting laboratory.”