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Intuitive Machines awarded $4.82B for lunar relay services

Summary by The Register

Surely at least one crew will get there in the next ten years?

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Inc.

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Startup Intuitive Machines Wins $4.8 Billion NASA Contract

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.

6 months ago

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The Motley Fool

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

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…

6 months ago·Alexandria, United States

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The Register

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Intuitive Machines awarded $4.82B for lunar relay services

Surely at least one crew will get there in the next ten years?

6 months ago

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CNBC

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

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.

6 months ago·United States

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Zero Hedge

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

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 …

6 months ago·United States

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Space News

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NASA selects Intuitive Machines for lunar communications and navigation services

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.

6 months ago·Mojave, United States

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