Intuitive Machines Awarded $116.9M NASA Lunar Contract To Deliver Six Science And Technology Payloads
Portfolio Pulse from Benzinga Newsdesk
Intuitive Machines has been awarded a $116.9 million contract by NASA to deliver six science and technology payloads to the Moon. This contract is part of NASA's Commercial Lunar Payload Services initiative.
August 29, 2024 | 8:23 pm
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Intuitive Machines, trading under the symbol LUNR, has been awarded a significant $116.9 million contract by NASA to deliver lunar payloads. This contract enhances the company's revenue stream and solidifies its position in the space exploration sector.
The $116.9 million contract from NASA is a substantial addition to Intuitive Machines' revenue, likely boosting investor confidence and stock price. The contract also positions the company as a key player in lunar exploration, potentially leading to further opportunities.
CONFIDENCE 90
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RELEVANCE 100