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National Aeronautics and Space Administration Awarded a Contract to NEXOLVE HOLDING COMPANY, LLC for $7,772,154.00

Signed on

9/26/2023, 12:00 AM

NEXOLVE HOLDING COMPANY, LLC Government Contract #80NSSC23CA175

NEXOLVE HOLDING COMPANY, LLC was awarded a contract with the United States Government for $7,772,154.00. The contract was awarded by the agency office NASA SHARED SERVICES CENTER, which is a division with the National Aeronautics and Space Administration within the National Aeronautics and Space Administration.

Summary of Award

The recipient of the federal contract is Nexolve Holding Company, LLC, located in Huntsville, Alabama. They are a Small Business specializing in Research and Development in Physical, Engineering, and Life Sciences. The contract, funded by NASA, is for the development and delivery of 4 solar cruiser design sail quadrants, worth a total of $7,326,761. Notable spending patterns include transaction amounts of $2,655,999 and $1,077,600 for specific project phases.

Contract Details

Contract ID80NSSC23CA175
Contract TypeD
Total Obligation$7,326,761.00
Exercised Options$7,326,761.00
Base Amount + Options$7,772,154.00
Date Signed2023-09-26
Contract DescriptionFY23 PHASE III - DEVELOPMENT AND DELIVERY OF 4 SOLAR CRUISER DESIGN SAIL QUADRANTS
Start Date2023-09-26
End Date2028-09-26

Agency Details

Awarding AgencyNational Aeronautics and Space Administration
Awarding Sub AgencyNational Aeronautics and Space Administration
Awarding OfficeNASA SHARED SERVICES CENTER
Funding AgencyNational Aeronautics and Space Administration
Funding Sub AgencyNational Aeronautics and Space Administration
Funding OfficeNASA SHARED SERVICES CENTER

Recipient Details

RecipientNEXOLVE HOLDING COMPANY, LLC
Recipient Location290 DUNLOP BLVD SW HUNTSVILLE ALABAMA, UNITED STATES
Business CategoriesCategory Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00009 | $0.00June 16, 2026

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $0.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008 | $1,077,600.00August 28, 2025

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $1,077,600.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007 | $2,655,999.00August 5, 2025

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $2,655,999.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006 | $0.00May 30, 2025

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $0.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $0.00May 6, 2025

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $0.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00April 9, 2025

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $0.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $-39,115.00September 30, 2024

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $-39,115.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $0.00April 10, 2024

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $0.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $2,758,151.00March 12, 2024

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $2,758,151.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $874,126.00September 26, 2023

National Aeronautics and Space Administration, a sub agency of National Aeronautics and Space Administration, issued a payment of $874,126.00 to NEXOLVE HOLDING COMPANY, LLC. The payment included a Subsidy Cost of $0.00.