NASA Awards Intuitive Machines Near Space Network Contract with a Maximum Potential Value of $4.82 Billion
Intuitive Machines, Inc. - Class A (LUNR)
Company Research
Source: GlobeNewswire
HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, today announced NASA has awarded the Company a Near Space Network (“NSN”) contract for communication and navigation services for missions in the near space region, which extends from Earth’s surface to beyond the Moon. This Subcategory 2.2 Geostationary Orbit to Cislunar Relay Services is a new Firm-Fixed-Price, Multiple Award, Indefinite-Delivery/Indefinite-Quantity (“IDIQ”) Task Order Contract. 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. The incrementally funded base ordering period begins Tuesday, October 1, 2024, through September 30, 2029, with the option period potentially extending the contract through September 30, 2034. “This contract marks an inflection point in Intuitive Machines’ leader
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LUNR
Sec Filings
- 11/20/24 - Form SC
- 11/20/24 - Form 4
- 11/20/24 - Form EFFECT
- LUNR's page on the SEC website