What is important here is the distance between the sponsoring company and the SPE. In the absence of adequate distance between the sponsor and the new entity, the latter will not be an SPE but only a subsidiary company. A good SPE should be able to stand on its feet, independent of the sponsoring company.
President Eisenhower authorizes creation of NASA. On this day in 1958, President Dwight D. Eisenhower signs an act that creates the National Aeronautics and Space Administration (NASA). He called the signing an [sic] historic step, further equipping the United States for leadership in the space age.
NASA Opportunities. Ten Presidents and NASA. In NASAâs 50-year history, 10 men have held the office of president of the United States. Because the president and his staff set NASAâs agenda and request the budget resources needed to carry it out, the White House has had great influence over the content and pace of the nationâs civilian space efforts.