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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.
Intuitive 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.
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 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 ...
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.
The contract has a base period of five years with an additional five-year option period, with a maximum potential value of $4.82 billion, according to a statement released by Intuitive Machines.
Intuitive Machines is 'the leading beneficiary of NASA's lunar commercialization efforts,' says B. Riley Securities analyst Mike Crawford Intuitive Machines Inc. shares skyrocketed this week after ...
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 ...
Intuitive Machines announced it has received a contract worth up to $4.82 billion from NASA to provide communication and navigation services in the near space region.
Shares of Intuitive Machines Inc. were set to skyrocket Wednesday, lifted by the award of a NASA contract that could be worth up to $4.82 billion.
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.