Intuitive Machines clinches $4.8 billion navigation services contract from NASA
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Intuitive Machines is a company developing lunar navigation and communication services for NASA's Artemis program. They recently secured a $4.8 billion contract to deploy lunar relay satellites and provide communication and navigation services. The company previously landed the first U.S. spacecraft on the moon in half a century with their Odysseus mission, despite a challenging landing. Intuitive Machines is also working on a lunar terrain vehicle and other space exploration technologies. Their Q2 2024 earnings presentation highlights their financial performance, upcoming missions, and expansion plans. The company is optimistic about its future, with strong revenue growth and a large backlog of projects.
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