In the spring of 1967, Farnsworth and his family moved back to Utah to continue his fusion research at Brigham Young University, which presented him with an honorary doctorate. The university also offered him office space and an underground concrete bunker for the project. Realizing ITT would dismantle its fusion lab, Farnsworth invited staff members to accompany him to Salt Lake City, as team members in Philo T. Farnsworth Associates (PTFA). By late 1968, the associates began holding regular business meetings and PTFA was underway. They promptly secured a contract with the National Aeronautics and Space Administration (NASA), and more possibilities were within reach—but financing stalled for the $24,000 a month required for salaries and equipment rental.