The Andrew W. Mellon Foundation has released a progress report from the DuraSpace project, a joint project of the DSpace Foundation and the Fedora Commons. (Thanks to RepositoryMan.)
Here's an excerpt from "DSpace Foundation and Fedora Commons Receive Grant from the Mellon Foundation for DuraSpace" that describes the project:
Over the next six months funding from the planning grant will allow the organizations to jointly specify and design "DuraSpace," a new web-based service that will allow institutions to easily distribute content to multiple storage providers, both "cloud-based" and institution-based. The idea behind DuraSpace is to provide a trusted, value-added service layer to augment the capabilities of generic storage providers by making stored digital content more durable, manageable, accessible and sharable.