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“Intuitive Machines clinches $4.8 billion navigation services contract from NASA”

“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

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