University of Illinois selected for Funding by NASA

Each year NASA selects and funds multiple early-stage, university-led R&D projects pertaining to space technologies. Each selected project receives up to $650,000 in grants over 3 years, giving them time and resources to iterate designs, solutions, and prototypes. They recently announced their 14 selections for this year, and the University of Illinois Urbana-Champaign made the cut.

Francesco Panerai of the University of Illinois will be embarking on research to enable tailored validation of fluid-structure interaction models, while improving the understanding of inflation dynamics, multi-body dynamics, and capsule wake/parachute interactions during deployment and descent. Current methods for modeling parachutes are imprecise. These parachutes have to deploy properly to ensure a soft landing. Whether people or supplies are on board, a soft landing is paramount.Panerai’s research will aim to advance these parachute capabilities by providing better insight into improved designs.

Are you developing new technology? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

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Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.org/webinars or contact your usual Swanson Reed representative.

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