Intuitive Machines Expands Data Transmission Services for Lunar and Deep Space Missions
Intuitive Machines (Nasdaq: LUNR) has secured additional NASA Near Space Network (NSN) contracts for Direct-to-Earth (DTE) services, enhancing its position in lunar and deep space missions. The new contracts include DTE Geostationary to Cislunar Services and xCislunar DTE Services, both designed to support NASA's Lunar Exploration Ground Segment.
These firm-fixed-price, indefinite-delivery/indefinite-quantity task orders complement Intuitive Machines' existing NSN contract for operating lunar data relay satellites. The company aims to capitalize on the NSN contract's $4.82 billion maximum potential value while supporting NASA's Artemis campaign and commercial lunar economy initiatives.
Project timelines run from February 2025 to September 2029, with a possible five-year extension through September 2034.
Intuitive Machines (Nasdaq: LUNR) ha ottenuto ulteriori contratti della NASA per la Near Space Network (NSN) per servizi Direct-to-Earth (DTE), rafforzando la propria posizione nelle missioni lunari e nello spazio profondo. I nuovi contratti includono servizi DTE Geostazionari a Cislunar e servizi xCislunar DTE, entrambi progettati per supportare il segmento terrestre di esplorazione lunare della NASA.
Questi ordini di lavoro a prezzo fisso e con consegna/quantità indefinite integrano il contratto NSN esistente di Intuitive Machines per il funzionamento di satelliti di relay dati lunari. L'azienda punta a sfruttare il valore potenziale massimo di 4,82 miliardi di dollari del contratto NSN, sostenendo al contempo la campagna Artemis della NASA e le iniziative dell'economia lunare commerciale.
I cronoprogrammi del progetto vanno da febbraio 2025 a settembre 2029, con una possibile estensione di cinque anni fino a settembre 2034.
Intuitive Machines (Nasdaq: LUNR) ha asegurado contratos adicionales de la NASA para la Near Space Network (NSN) para servicios Direct-to-Earth (DTE), mejorando su posición en misiones lunares y de espacio profundo. Los nuevos contratos incluyen servicios DTE Geostacionarios a Cislunar y servicios xCislunar DTE, ambos diseñados para apoyar el segmento terrestre de exploración lunar de la NASA.
Estos pedidos de tareas a precio fijo e indefinido complementan el contrato NSN existente de Intuitive Machines para operar satélites de retransmisión de datos lunares. La empresa busca capitalizar el valor potencial máximo de 4,82 mil millones de dólares del contrato NSN, al mismo tiempo que apoya la campaña Artemis de la NASA y las iniciativas de la economía lunar comercial.
Los plazos del proyecto van desde febrero de 2025 hasta septiembre de 2029, con una posible extensión de cinco años hasta septiembre de 2034.
직관적 기계(Intuitive Machines) (Nasdaq: LUNR)는 NASA의 근거리 우주 네트워크(NSN)를 위한 직접 지구(DTE) 서비스에 대한 추가 계약을 체결하여 달 및 심우주 미션에서의 입지를 강화했습니다. 새로운 계약에는 DTE 정지 궤도에서 시슬루나 서비스까지 및 xCislunar DTE 서비스가 포함되어 있으며, 모두 NASA의 달 탐사 지상 부문을 지원하기 위해 설계되었습니다.
이 고정 가격, 무기한 일정/무기한 수량 작업 주문은 Intuitive Machines의 기존 NSN 계약을 보완하여 달 데이터 중계 위성을 운영합니다. 이 회사는 NASA의 아르테미스 캠페인과 상업적 달 경제 이니셔티브를 지원하면서 NSN 계약의 최대 잠재 가치인 48억 2천만 달러를 활용하는 것을 목표로 하고 있습니다.
프로젝트 일정은 2025년 2월부터 2029년 9월까지이며, 2034년 9월까지 5년 연장이 가능합니다.
Intuitive Machines (Nasdaq: LUNR) a sécurisé des contrats supplémentaires de la NASA pour le Near Space Network (NSN) pour des services Direct-to-Earth (DTE), renforçant ainsi sa position dans les missions lunaires et d'exploration spatiale profonde. Les nouveaux contrats comprennent des services DTE géostationnaires vers Cislunar et des services xCislunar DTE, tous conçus pour soutenir le segment terrestre d'exploration lunaire de la NASA.
Ces commandes à prix fixe, à livraison indéfinie et en quantité indéfinie complètent le contrat NSN existant d'Intuitive Machines pour l'exploitation de satellites relais de données lunaires. L'entreprise vise à capitaliser sur la valeur potentielle maximale de 4,82 milliards de dollars du contrat NSN tout en soutenant la campagne Artemis de la NASA et les initiatives économiques lunaires commerciales.
Les délais du projet s'étendent de février 2025 à septembre 2029, avec une possible extension de cinq ans jusqu'en septembre 2034.
Intuitive Machines (Nasdaq: LUNR) hat zusätzliche Verträge mit der NASA für die Near Space Network (NSN) für Direct-to-Earth (DTE)-Dienstleistungen gesichert, was seine Position in lunar und tiefen Raummissionen stärkt. Die neuen Verträge umfassen DTE geostationäre zu Cislunar-Dienste und xCislunar DTE-Dienste, die beide darauf ausgelegt sind, das Lunar Exploration Ground Segment der NASA zu unterstützen.
Diese festpreislichen, unbefristeten Aufträge ergänzen den bestehenden NSN-Vertrag von Intuitive Machines für den Betrieb von lunar Datenrelay-Satelliten. Das Unternehmen zielt darauf ab, den maximalen potenziellen Wert des NSN-Vertrags von 4,82 Milliarden Dollar zu nutzen, während es gleichzeitig die Artemis-Kampagne der NASA und die Initiativen der kommerziellen lunaren Wirtschaft unterstützt.
Die Projektzeitpläne reichen von Februar 2025 bis September 2029, mit einer möglichen fünfjährigen Verlängerung bis September 2034.
- Secured new NASA contracts for Direct-to-Earth services
- Access to $4.82 billion maximum potential value of NSN contract
- Long-term contract timeline through 2029 with possible extension to 2034
- Successfully demonstrated DTE lunar data transmission capabilities in first mission
- None.
Insights
The expansion of Intuitive Machines' NASA contracts for Direct-to-Earth services represents a strategic positioning in the growing lunar communications infrastructure market. The firm-fixed-price, indefinite-delivery/indefinite-quantity structure provides stable revenue potential while allowing for scalability. The addition of GEO to Cislunar and xCislunar services complements their existing lunar data relay satellite constellation contract, creating a comprehensive lunar communications portfolio.
The contracts' potential value within the
In simple terms: Think of this as building a reliable cellular network between Earth and the Moon. Just as cell towers are important for phone communications on Earth, these services are essential for space missions. The long-term contracts are like having guaranteed customers for the next decade, which is excellent for business stability.
These NASA contract awards significantly enhance LUNR's revenue visibility and market positioning. The firm-fixed-price structure minimizes pricing risks, while the IDIQ format allows for flexible scaling of services. The extended timeline through 2029, with potential extension to 2034, provides exceptional revenue predictability - a important factor for investors evaluating space technology companies.
The company's strategic advantage lies in its demonstrated capabilities and existing infrastructure, reducing capital expenditure requirements for contract execution. The total addressable market of
For the average investor: This is like signing a long-term contract with a reliable customer (NASA) who has an excellent credit rating (U.S. government). The company already has the tools and experience to do the job, meaning they won't need to spend huge amounts on new equipment. This combination of steady income and low additional costs typically translates to better profit margins.
HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a space exploration, infrastructure, and services company, has secured additional contracts from NASA’s Near Space Network (“NSN”) for Direct-to-Earth (“DTE”) services. These contracts further position Intuitive Machines as a vital partner in supporting NASA’s missions to the Moon, and beyond.
DTE communication and navigation services are critical for enabling missions to exit Earth’s orbit, reach lunar destinations, and explore deep space. The new contract awards include:
- Subcategory 1.2: DTE Geostationary (“GEO”) to Cislunar DTE Services, offering enhanced data transmission capabilities and autonomous operations.
- Subcategory 1.3: xCislunar DTE Services, addressing mission needs for highly elliptical orbits and deep space operations.
Both contracts are firm-fixed-price, indefinite-delivery/indefinite-quantity task orders designed to bolster NASA’s Lunar Exploration Ground Segment. These awards add capacity to alleviate demand on the Deep Space Network and support unique mission requirements.
“We are privileged to help NASA deliver essential data and transmission services that support missions navigating the critical pathways between Earth, the Moon, and beyond,” said Intuitive Machines CEO Steve Altemus. “We believe these new awards complement our existing NSN contract and will expand our space communications and navigation service offerings. They position us to capitalize on the
Intuitive Machines intends to leverage its proven DTE lunar data transmission network, supported by long-term agreements with strategically located radio astronomy dishes worldwide. During its first lunar mission, the Company successfully transmitted data from beyond the Earth’s orbit, around the Moon, and on the Moon’s surface.
Project timelines for these contracts span February 2025 to September 2029, with an additional five-year option period that could extend a contract through September 30, 2034.
About Intuitive Machines
Intuitive Machines is a diversified space exploration, infrastructure, and services company focused on fundamentally disrupting lunar access economics. In 2024, Intuitive Machines successfully landed the Company’s Nova-C class lunar lander, Odysseus, on the Moon, returning the United States to the lunar surface for the first time since 1972. The Company’s products and services are offered through its four in-space business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure. For more information, please visit intuitivemachines.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements that do not relate to matters of historical fact should be considered forward looking. These forward-looking statements generally are identified by the words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would,” “strategy,” “outlook,” the negative of these words or other similar expressions, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include but are not limited to statements regarding: our expectations regarding revenue for government contracts awarded to us, including under the NSN contract; our operations, our financial performance and our industry; our business strategy, business plan, and plans to drive long-term sustainable shareholder value; information regarding our expectations on revenue generation and cash. These forward-looking statements reflect the Company’s predictions, projections, or expectations based upon currently available information and data. Our actual results, performance or achievements may differ materially from those expressed or implied by the forward-looking statements, and you are cautioned not to place undue reliance on these forward-looking statements. The following important factors and uncertainties, among others, could cause actual outcomes or results to differ materially from those indicated by the forward-looking statements in this press release: our factors detailed under the section titled Part I, Item 1A. Risk Factors of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the Securities and Exchange Commission (the “SEC”), the section titled Part I, Item 2, Management’s Discussion and Analysis of Financial Condition and Results of Operations and the section titled Part II. Item 1A. “Risk Factors” in our most recently filed Quarterly Report on Form 10-Q, and in our subsequent filings with the SEC, which are accessible on the SEC's website at www.sec.gov.
These forward-looking statements are based on information available as of the date of this press release and current expectations, forecasts, and assumptions, and involve a number of judgments, risks, and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.
Contacts
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