Intuitive Machines Secures $116.9M NASA Contract for 2027 Lunar Mission

Aug 29, 2024, 11:32 PM

Intuitive Machines has secured a $116.9 million contract from NASA to deliver six science and technology payloads to the Moon's South Pole in 2027. This mission, part of NASA's Commercial Lunar Payload Services (CLPS) initiative, includes a European Space Agency-led drill suite. The announcement has positively impacted Intuitive Machines' stock, which saw a significant increase following the news. This contract marks the company's fourth lunar delivery contract, further strengthening its position in lunar services.