As reported today on SpaceRef.com, NIAC, The NASA Institute for Advanced Concepts, will be closing its doors on August 31st of this year. Many people, including yours truly (here and here), had reported that NIAC was intending to close, but a last ditch effort was mounted to save it. Sadly, this effort has failed.
NIAC gives the reason for doing this as follows: “NASA, faced with the constraints of achieving the Vision for Space Exploration, has made the difficult decision to terminate NIAC, which has been funded by NASA since inception.”
Let’s all just be thankful that they closed after they funded Dr. Edwards studies, and not before.
You can read more about this at the NIAC website.