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.
Stephen Hawking, the renowned British astrophysicist, speaks on Why We Should Go Into Space for NASA's 50th Anniversary lecture series at George Washington University, April 21, 2008.he human race has existed as a separate species for about 2 million years. Civilization began about 10,000 years ago, and the rate of development has been steadily increasing. If the human race is to continue for another million years, we will have to boldly go where no one has gone before. Thank you for listening.