Intuitive Machines clinches $4.8 billion navigation services contract from NASA

Intuitive Machines (LUNR.O), opens new tab said on Tuesday it has bagged a navigation and communication services contract of up to $4.82 billion from NASA for missions in the near space region. As part of the contract, which has a base period of five years with an additional five-year option period, Intuitive will deploy lunar relay satellites and provide communication and navigation services to aid NASA’s Artemis campaign.