NASA said the company was the sole awardee for a “lunar relay systems” contract, which has a maximum total value of $4.82 billion over five years.
NASA awarded the lunar-focused company a major contract to build moon data satellites.' stock jumped in early trading Wednesday after NASA awarded the lunar-focused company a major contract to build moon data satellites."This contract marks an inflection point in Intuitive Machines' leadership in space communications and navigation," Intuitive Machines CEO Steve Altemus said in a statement.
McDonald's is selling 50-cent double cheeseburgers for National Cheeseburger Day, Wendy's is giving them out for a penny "We see the win today as a significant catalyst and validation towards LUNR's outlook and the company's ability to continue to win contracts," Sheppard wrote in a note to clients. Benchmark's Josh Sullivan, who also has a buy rating and $10 price target, said he believes the latest award shows that NASA views Intuitive Machines' experience"as elite."
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Lunar company Intuitive Machines' stock jumps more than 50% after NASA moon satellite contractNASA said the company was the sole awardee for a “lunar relay systems” contract, which has a maximum total value of $4.82 billion over five years.
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NASA Awards Intuitive Machines Lunar South Pole Research DeliveryA new set of NASA science experiments and technology demonstrations will arrive at the lunar South Pole in 2027 following the agency’s latest CLPS (Commercial
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NASA gives Intuitive Machines $117 million for 2027 mission to moon's south poleMichael Wall is a Senior Space Writer with Space.com and joined the team in 2010. He primarily covers exoplanets, spaceflight and military space, but has been known to dabble in the space art beat. His book about the search for alien life, 'Out There,' was published on Nov. 13, 2018.
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Intuitive Machines gets another NASA contract to land on the moonThe Houston company successfully landed on the moon earlier this year. It’s part of NASA’s Artemis program to return to the moon as a step toward Mars.
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Intuitive Machines to carry NASA experiments to the moon in 2027Intuitive Machines, which managed the first lunar landing by a commercial entity, will be returning to the moon with more NASA payloads in 2027.
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