With the recent release of “Captain Marvel”, the production has redefined the continuity in Marvel Cinematic Universe. All the movies of Marvel are connected to each other in some of the other way based on the role of the superhero in the storyline. It all started with Iron Man 1 in 2008 and Marvel hadn’t looked back since. Watching movies carefully can lead you to find some amazing connections between this universes’ movies. The same thing can also be seen in captain marvel.
Project P.E.G.A.S.U.S, one of the prominent location Captain Marvel is set around was actually introduced in Iron Man 2 in 2010. When Tony Stark retrieved the files left behind by his father Howard Stark he found about Project P.E.G.A.S.U.S. Furthermore this location was shown in the post-credit scenes of Thor as well as in The Avengers. In The Avengers the place from where Loki Stole the Tesseract as a part of the plan by Thanos was, in fact, the Headquarter of Project P.E.G.A.S.U.S. So this has become a big connection that ties Captain Marvel directly to the Avengers.
Captain Marvel also gave some thrilling information about the earlier stage of Project P.E.G.A.S.U.S. This facility was initially a joint operation of NASA and USAF pioneered by Dr. Wendy Lawson who was actually is rogue Kree scientist Mar-Vell(really marvel?). He intended to invent a light speed engine by harnessing the energy from Tesseract which is actually the space stone. She believed the creation of this engine would end wars and she only intended to use it free the refugee Skrulls to another galaxy to save them from genocide at the hands of the Kree. Pegasus is a winged horse according the Greek myth which is perfectly fitting for an aircraft.
In 1989, six years before the events of captain marvel, Carol piloted the ship made by Lawson having the engine powered by the tesseract. During this time they were attacked by the Yon-Rogg and Minn-Erva of the Kree Starforce. After the death of Mar-Vell the engine was shot which resulted in an explosion of tesseract energy and Carol got superpowers. Now it was the time when S.H.I.E.L.D. came into existence took over Project P.E.G.A.S.U.S. Nick Fury along with Carol Danvers broke in the Pegasus and found the location of the tesseract and retrieved it, Captain Marvel.
Project P.E.G.A.S.U.S., after the death of Lawson, was maintained by the government in secrecy from the public. After the end of Captain Marvel’s chapter, Nick Fury became the director of S.H.I.E.L.D. and tesseract was handed to this facility. Furthermore, the World Security Council continued to do experiments on Tesseract.
This story directly ties to the beginning of The Avengers when Loki, the God Of Mischief attacked Pegasus to steal the Tesseract. Loki opened a portal using space stone which resulted in the destruction of the facility and turning it into a crater. After that Project P.E.G.A.S.U.S. is yet to be seen in MCU but people have already seen enough of it.