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Intuitive Machines, Inc. has received a significant boost to those efforts with a $4.82 billion NASA contract for communication and navigation services for missions in the near-space region.
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What Intuitive Machines' Big NASA Contract Means for Investors - MSNIntuitive Machines Lands NASA Contract Worth Up to $4.8 Billion. Intuitive Machines saw a massive spike in its shares last week due to an announcement that it secured a contract with NASA.
Over the course of a 10-year contract, $4.8 billion averages out to an extra $480 million a year in annual revenue -- roughly quadrupling Intuitive's current $158 million-a-year annual revenue stream.
Shares of Intuitive Machines blasted off nearly 60% Wednesday, a day after the space travel support firm received a NASA contract worth up to $4.82 billion.
Now Intuitive Machines‘ role in the future of lunar exploration seems even more solid. NASA revealed it’s just awarded the small company a $4.82 billion contract to develop lunar relay systems ...
Earlier this year NASA awarded the space-exploration company a $30 million contract to complete a feasibility roadmap for the LTV rover using Intuitive Machines' Nova-D lunar lander.
Shares of space-exploration company Intuitive Machines are up more than 54% in premarket trades Shares of Intuitive Machines Inc. are skyrocketing Wednesday, lifted by the award of a NASA contract ...
Summary. Intuitive Machines secured a $4.82 billion NASA contract, with $150 million guaranteed soon, ensuring stable revenue and reducing the need for external funding.
Intuitive Machines on Tuesday said it was awarded a NASA contract worth up to $4.82 billion. The contract is for communication and navigation services for missions in the near space region, which ...
Ultimately, it will take Intuitive roughly 10 years to earn the entirety of the $4.8 billion award, with the initial five-year contract running through Sept. 30, 2029, and an optional five-year ...
Intuitive Machines saw a massive spike in its shares last week due to an announcement that it secured a contract with NASA. The contract has a value of up to $4.8 billion.
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