24/7 Market News- Intuitive Machines Awarded $116.9 million NASA Lunar Contract

August 30, 2024

DENVER, Colo., Aug 30, 2024 (247marketnews.com)- Intuitive Machines (Nasdaq: LUNR) reported that it was awarded a $116.9 million NASA contract to deliver six science and technology payloads, including one European Space Agency-led drill suite to the Moon’s South Pole.

The contract leverages Intuitive Machines’ lunar delivery, data transmission, and autonomous operation capabilities to explore the region targeted for sustained human operations, and marks Intuitive Machines’ fourth contract award to deliver science and technology payloads and return valuable data while autonomously operating on the surface of the Moon.

Steve Altemus, CEO of Intuitive Machines, commented, “Over the last several years, we’ve witnessed NASA’s successful Artemis I mission and the campaign’s progress toward sustainably returning humans to the surface of the Moon, highlighting the importance of autonomous missions that advance humanity’s understanding of the Moon and the commercial services required to support the industry.

“Intuitive Machines looks forward to working closely with the NASA team to deliver mission success once again.”

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