92711 - Space Research and Technology
The world of space innovation is booming, and businesses involved in this dynamic field need to understand the classifications that define their operations. NAICS code 92711, representing Space Research and Technology, plays a pivotal role in classifying establishments at the forefront of space sciences and exploration technology. Whether you're a government contractor, a budding aerospace startup, or an industry analyst, this code is essential for navigating market opportunities, compliance, and business development.
What is NAICS Code 92711?
NAICS Code 92711 corresponds to the industry category titled Space Research and Technology. This classification covers establishments primarily engaged in:
- Conducting research and experimental development in space sciences.
- Developing advanced spacecraft, satellites, and related technologies.
- Innovating technologies for space exploration and utilization.
This industry is critical for advancing human knowledge and capabilities beyond Earth, supporting everything from satellite communications to deep space probes.
Sector: Professional, Scientific, and Technical Services
NAICS 92711 falls under the broader Professional, Scientific, and Technical Services sector. It encompasses specialized businesses and organizations leveraging scientific research to develop practical applications in space technologies.
Typical Business Activities Include:
- Spacecraft design and development firms: Engineers and scientists working on innovative spacecraft hardware and control systems.
- Satellite technology research organizations: Developing next-generation satellite capabilities for communication, navigation, or earth monitoring.
- Space exploration technology companies: Creating propulsion systems, instrumentation, and robotics for space missions.
Size Standards and Eligibility
For government contracting and small business considerations, the Small Business Administration (SBA) provides specific size standards. For NAICS code 92711:
- Size Standard: Typically based on the number of employees or average annual receipts.
- Most businesses under this classification qualify as small if they have up to 1,250 employees.
This standard helps determine eligibility for set-aside contracts and other benefits designed for small businesses.
Examples of Businesses Under NAICS Code 92711
- SpaceX – A leader in commercial spacecraft development and launch services.
- Boeing Space and Launch Division – Engaged in spacecraft and satellite technology research.
- Lockheed Martin Space Systems – Producing advanced space exploration capabilities.
- Smaller startups focusing on satellite technology innovation or propulsion system R&D.
NAICS 92711 Code Details Table
Attribute | Description |
---|---|
NAICS Code | 92711 |
Title | Space Research and Technology |
Sector | Professional, Scientific, and Technical Services |
Industry Description | Research and experimental development in space sciences; development of spacecraft, satellites, and space exploration technologies |
Typical Business Types | Spacecraft design firms, Satellite research organizations, Space exploration tech companies |
Size Standard | Up to 1,250 employees (varies based on SBA guidelines) |
Frequently Asked Questions (FAQs)
What activities are included in NAICS Code 92711?
This category includes research and development related to spacecraft, satellite technology, space navigation systems, and other technical innovations to aid space exploration and utilization.
Can small businesses qualify under this NAICS code?
Yes, small business eligibility often includes firms with up to 1,250 employees, but businesses should review current SBA size standards to confirm.
Is NAICS 92711 only for government contractors?
No, while many firms may seek government contracts, this classification applies broadly to private companies and research institutions focused on space technology.
How does NAICS 92711 differ from other aerospace codes?
92711 specifically targets the research and technology development side of space sciences, distinct from manufacturing or related aerospace support services.
Final Thoughts
NAICS code 92711 is a cornerstone for organizations involved in pushing the boundaries of space technology innovation. From small startups to industry giants, understanding this classification is crucial for identifying market segments, complying with regulations, and accessing government contracts. Stay informed of the latest developments in space research and technology by keeping NAICS 92711 top of mind.
Keywords: NAICS code 92711, Space Research and Technology, aerospace research, satellite technology, spacecraft development, space exploration technology, professional scientific services, government contracting space industry