NASA Awards Intuitive Machines-led Moon RACER Team Lunar Terrain Vehicle Support Contract

April 4, 2024

DENVER, Colo., Apr 04, 2024 (247marketnews.com)- NASA awarded Intuitive Machines (NASDAQ:LUNR) with a $30 million prime contractor deal to complete a Lunar Terrain Vehicle Services Feasibility Assessment. The Lunar Terrain Vehicle Services vehicle is considered to be a major element in returning humans to the lunar surface under NASA’s Artemis campaign and the first phase award tasks the Company’s global team with creating a feasibility roadmap to develop and deploy a Lunar Terrain Vehicle on the Moon using Intuitive Machines’ Nova-D cargo-class lunar lander, marking the Company’s entrance into human spaceflight operations within NASA’s $4.6 billion LTV Services project.

“This procurement strategically aligns with the Company’s flight-proven capability to deliver payloads to the surface of the Moon under the agency’s Commercial Lunar Payload Services initiative, further solidifying our position as a proven commercial contractor in lunar exploration,” said Intuitive Machines CEO Steve Altemus. “Our global team is on a path to provide essential lunar infrastructure services to NASA in a project that would allow the Company to retain ownership of the vehicle for commercial utilization during periods of non-NASA activity over approximately ten years of lunar surface activity.”

Intuitive Machines’ Moon Reusable Autonomous Crewed Exploration Rover (RACER) global team members include AVL, a global mobility technology company and automotive industry leader, Boeing, which will lead the design of the LTV system, Michelin, which will leverage the experience gained from previous NASA collaborations, and Northrop Grumman, which will leverage its experience in power systems, other vehicle systems, and mission planning and training.

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