Intuitive Machines Says NASA Awarded Near Space Network Contract For Communication And Navigation Services; Contract Has A Maximum Potential Value Of $4.82B
Portfolio Pulse from Benzinga Newsdesk
Intuitive Machines has been awarded a NASA contract for communication and navigation services, with a potential value of $4.82 billion. The contract is a Firm-Fixed-Price, Multiple Award, Indefinite-Delivery/Indefinite-Quantity Task Order Contract, with a base period of five years and an additional five-year option.
September 17, 2024 | 8:38 pm
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Intuitive Machines has been awarded a significant NASA contract for communication and navigation services, potentially worth $4.82 billion over ten years. This contract could substantially enhance the company's revenue and growth prospects.
The NASA contract is a major win for Intuitive Machines, providing a substantial potential revenue stream over the next decade. This aligns with their strategic goals and enhances their market position in space technology.
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