To clarify for people, this isn't NASA endorsing the idea in as much as NASA just hands out small amounts of money to different ideas in many different science or engineering related spaces.

The fact of the matter is that this concept, if it works, will only launch as much payload into orbit as an Electron rocket (a very small launch vehicle), and would require payloads specially designed for the g-forces which would make them heavier. This launch concept has exchanged fuel mass for heat shield mass to allow it to survive after it leaves the spin system.

Now, one actual use case for this type of technology is if they were to build it on the moon, especially for launching things like mined resources off the surface. The launch forces would be lower as the speed requirements are lower and it would allow launching material with little to no fuel consumption as long as there is electrical power (of which there is near infinite amounts of because of the semi-constant sunlight).