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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.
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.
HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services ...
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.
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 ...
Intuitive Machines Inc LUNR shares are trading higher in Thursday’s after-hours session after the company was awarded a NASA Lunar Contract Award.. What To Know: After the market close on ...
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 ...
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Intuitive Machines Soars 18% on NASA Contract, Intel Considers ... - MSNIntuitive Machines (NASDAQ:LUNR) – NASA awarded Intuitive Machines a $116.9 million contract to deliver six payloads to the lunar south pole. This marks the company’s fourth contract under ...
Intuitive Machines shares are up 105.9% in 2024, outpacing the S&P 500's SPX gain of 17.4%. All of the six analysts surveyed by FactSet have a buy rating for Intuitive Machines. -James Rogers ...
Intuitive Machines stock ran up 50% last week -- and it's still a bargain. $4.8 Billion NASA Contract Sent Intuitive Machines Stock to the Moon Skip to main content ...
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