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The Register

Intuitive Machines awarded $4.82B for lunar relay services

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.

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Lunar company Intuitive Machines' stock jumps more than 50% after NASA moon satellite contract

Shares of Intuitive Machines Inc. are skyrocketing Wednesday, lifted by the award of a NASA contract that could be worth up to $4.82 billion to the space-exploration company.
The stock is up 54.1% in premarket trades, putting it on pace for its biggest daily percentage gain since Sept. 3, 2023, whe

MarketWatch

Murdoch family

Intuitive Machines stock surges on NASA contract worth up to $4.82 billion

NASA awarded space exploration company Intuitive Machines a multi-billion dollar contract to construct a satellite constellation for communication and navigation services for missions in the near space region, which extends from Earth’s surface and beyond.  According to a statement by Intuitive Machines, the contract has a base period of five years and an additional five-year option period. Its maximum potential value is $4.82 billion.  The key …

Zero Hedge

Intuitive Machines Erupts In Mega Squeeze After Multi-Billion Dollar NASA Space Contract - Nemos News Network

Intuitive Machines (NASDAQ: LUNR) stock soared 60% in the first five minutes of trading Wednesday morning (up 60.4% through 9:35 a.m. ET) after NASA announced it is awarding a massive $4.8 billion moon contract to the rising space star. The contract, dubbed "GEO to Cislunar Relay Services" covers communication services to the moon from the period of Oct. 1, 2024 through Sept. 30, 2029, and has the "option" of being extended by a further five yea…

The Motley Fool

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Virginia

Why Intuitive Machines Stock Jumped Up 60% Today @themotleyfool #stocks $LUNR

Intuitive Machines has won a NASA contract worth up to $4.8 billion to provide communications and navigation services at the moon to support the Artemis lunar exploration campaign. The post NASA selects Intuitive Machines for lunar communications and navigation services appeared first on SpaceNews.

Space News

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Kern County

California

NASA selects Intuitive Machines for lunar communications and navigation services

To establish a permanent base on the Moon and explore its surface, NASA needs a 21st century communications infrastructure. It chose a small Houston, Texas-based commercial space company to do the job.

Inc.

Joe Mansueto

Startup Intuitive Machines Wins $4.8 Billion NASA Contract

The company’s IM-1 mission lander shortly after launching on Feb. 15, 2024. Intuitive Machines    
Intuitive Machines‘ 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. NASA said the company w…

SecularTimes

Intuitive Machines stock soars 50% after NASA moon satellite contract

Intuitive Machines has secured a groundbreaking contract with NASA to develop a satellite constellation aimed at providing vital navigation and communications for future lunar missions. This significant contract, which could reach a total value of $4.82 billion over five years, marks a substantial step toward realizing NASA’s long-term goal of establishing a continuous human presence on the moon. The agreement, commencing with a guaranteed $150 …

digitalmarketreports.com

Intuitive Machines Secures $4.82 Billion NASA Contract for Lunar Communications Network

Intuitive Machines’ IM-1 mission lander shortly after launching on Feb. 15, 2024. Intuitive Machines    
Intuitive Machines‘ 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. NASA said the com…

Intuitive Machines awarded $4.82B for lunar relay services

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