Nova Space Inc. Announces Key Partnership with Logical Innovations, Inc. to Expand Space Training and Education for the Space Industry

Rhea-AI Summary

Pure Capital Solutions' subsidiary, Nova Space, has announced a partnership with Logical Innovations, Inc to address workforce challenges in the growing space industry, projected to reach $1T by 2040. The partnership aims to fill skills gaps through enhanced training and educational programs for current and prospective space professionals, leveraging existing relationships with NASA and educational institutions. This initiative targets both commercial and government sectors, including launch and manufacturing, and aims to improve STEAM skills for K-12 students.

Positive

• Strategic partnership with Logical Innovations to enhance workforce training in space industry.
• Focus on bridging skills gaps for both current professionals and pre-collegiate students.
• Collaboration with NASA and educational institutions to strengthen training solutions.

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• None.

MINNEAPOLIS, Feb. 9, 2023 /PRNewswire/ -- Pure Capital Solutions' (OTC: PCST) wholly owned subsidiary Nova Space is proud to announce a partnership with Logical Innovations, Inc. creating a market leading team of subject matter experts to tackle the workforce challenges of the space industry.

The space economy continues to grow at a historic rate, on pace to become a $1T industry by 2040. This growth requires a pipeline of human talent across all disciplines and space sectors. Current training and education models are not keeping up with the talent demand necessary to sustain the expected growth of the industry.

Nova Space and Logical Innovations will focus on identifying and addressing industry skills gaps with focused training and education beyond the award-winning learning content that Nova Space has developed to date.

Nova Space digital courses are designed to help current and prospective space professionals become more productive while helping provide their employers a competitive advantage in the space ecosystem. Nova Space currently supports employers in both the commercial and government space industry, within all sectors, to include launch, satellites, manufacturing, industrials, and government agencies.

This partnership will leverage existing relationships with NASA, industry, and academic institutions to develop and expand space training and education solutions to fill the technician workforce talent gap, which is a recurring challenge for NASA and space companies alike. The partnership will also address the need of training solutions in pre-collegiate institutions to further invigorate STEAM skills for K-12 students, by contextualizing career opportunities in the space economy.

ABOUT NOVA SPACE INC: Nova Space is already well known for its signature space professional-development programs, designed to support the growth of space industry professionals, entrepreneurs and business leaders, commercial companies, and governmental organizations. The founders of the company have more than five decades of combined experience in space operations, astronautics, and custom learning development in both commercial and government settings. To learn more, visit novaspaceinc.com.

ABOUT PURE CAPITAL SOLUTIONS, INC. 
Since 2006, Pure Capital Solutions, Inc has been assisting small to medium sized businesses via investment and consulting.  We have provided short-term financing, factoring, loans, and consulting services using our diverse expertise.  We also directly invest in our subsidiaries and help them grow.  Learn more by visiting purecapitalsolution.com or contact EVP of Investor Relations, Steve Autrey, Steve@purecapitalsolution.com.

ABOUT LOGICAL INNOCATIONS, INC:

Logical Innovations is headquartered in Houston, Texas, with operations across the country. Founded by President/CEO Denise Navarro, whose career began supporting NASA as a contractor in 1984, Logical Innovations specializes in training/education, financial and acquisition services, event/exhibits management, strategic communications, outreach, administrative services, and logistical support, and has provided services for the federal government since 2006.

View original content:https://www.prnewswire.com/news-releases/nova-space-inc-announces-key-partnership-with-logical-innovations-inc-to-expand-space-training-and-education-for-the-space-industry-301742779.html

SOURCE Pure Capital Solutions, Inc.

FAQ

What is the significance of the new partnership between Nova Space and Logical Innovations, Inc?

The partnership aims to tackle workforce challenges in the expanding space industry by enhancing training and education solutions.

How much is the space economy projected to grow by 2040?

The space economy is projected to become a $1 trillion industry by 2040.

What sectors will benefit from the training programs developed by Nova Space and Logical Innovations?

The training programs will benefit both the commercial and government sectors, including launch, satellites, manufacturing, and industrials.

How will the partnership address the skills gap in the space industry?

The partnership will identify and address skills gaps through targeted training and educational initiatives for professionals and K-12 students.