NASA taps Intuitive Machines to build a lunar communications network [Yahoo! Finance]
CLPS Incorporation (CLPS)
Company Research
Source: Yahoo! Finance
“We were in a strong position with a ground network, and with the ability to rideshare and bring satellites with us [on] this regular cadence of missions, we could deploy a constellation of satellites around the moon,” says Steve Altemus, the company's cofounder, president, and CEO. How it works Intuitive Machines will initially receive about $150 million in development funding to get the satellites working, followed by a service contract not unlike the one for your mobile phone: “We sell minutes on the network, something like a million minutes a year, to NASA for data transmission and navigation services,” Altemus explains. Intuitive Machines expects the first spacecraft to launch on IM-3 next year, with two more on IM-4 in 2027 , and the final satellites on a fifth lunar mission for which the company expects to win NASA funding. IM is hunting for a satellite bus manufacturer that can handle the propulsion requirements for maintaining lunar orbit, with plans to build the rad
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News
- CLPS Incorporation Appoints Ms. Sarah Wu as Non-Executive Director of QCC to Drive Strategic Growth in Credit Card SolutionsPR Newswire
- Nissan GT-R Designer Partners With Hi-Tech Gurus THK [Forbes]Forbes
- CLPS Incorporation Declares Special Cash Dividend of $0.13 Per Share for Third Consecutive Fiscal YearsPR Newswire
- CLPS GAAP EPS of -$0.09, revenue of $142.8M [Seeking Alpha]Seeking Alpha
- CLPS Incorporation Reports Financial Results for the Second Half and Full Year of Fiscal 2024PR Newswire
CLPS
Sec Filings
- 10/30/24 - Form 144
- 10/24/24 - Form 6-K
- 10/18/24 - Form 20-F
- CLPS's page on the SEC website