“Intuitive Machines clinches $4.8 billion navigation services contract from NASA”
September 23, 2024
“Intuitive Machines (LUNR) said on Tuesday it has bagged a navigation and communication services contract of up to $4.82 billion from NASA for missions in the near space region. The group’s stock price was up over 50% in premarket trading on Wednesday and have more than doubled so far this year.
As part of the contract, which has a base period of five years with an additional five-year option period, Intuitive will deploy lunar relay satellites and provide communication and navigation services to aid NASA’s Artemis campaign…”
https://finance.yahoo.com/news/nasa-awards-4-8-billion-211636090.html