This paper exposes initially the motivations for developing a TRL online calculator by AEB (Brazilian Space Agency; in Portuguese, Agência Espacial Brasileira). Such motivations demand the tool to be a way not only to assess the TRL condition of operational space missions and systems, but also as a method of evaluating and sharing proposals with new technological content. The TRL methodology and its relation to risk management are discussed. The development phases of the IMATEC Lite application are then described, with emphasis to the data handling structure capable of storing the user product model. A result of technology assessment using the software is detailed by presenting the PBS of the SERPENS 1 mission nanosatellite. The prospects of using the tool for judging the acceptability of new missions and projects are discussed, as well as some of the encountered difficulties.