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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.
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.
Intuitive Machines (Nasdaq: LUNR) has received a potential 10-year, $4.82 billion contract from NASA to provide support for the agency’s lunar relay systems as part of the Near Space Network.
Boosted by the new NASA contract and with the potential for Intuitive Machines to strengthen its relationship with the space agency, B. Riley Securities raised its price target for the company's ...
Shares of space-exploration company Intuitive Machines are up more than 54% in premarket trades Shares of Intuitive Machines Inc. are skyrocketing Wednesday, lifted by the award of a NASA contract ...
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.
Intuitive Machines saw a massive spike in its shares last week due to an announcement that it secured a contract with NASA. The contract has a value of up to $4.8 billion.
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Intuitive Machines Stock Skyrockets 50% After a Big NASA Contract - MSNIntuitive 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.
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 ...
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.
Intuitive Machines Inc. shares skyrocketed this week after NASA awarded the company a contract worth up to $4.82 billion. Analyst firm B. Riley Securities sees even more lunar upside for the space ...
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