Intuitive Machines Secures NASA Lunar Orbiter Contracts Worth $20 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Intuitive Machines is now the prime contractor for operations of the Lunar Reconnaissance Orbiter Camera, or LROC, a key instrument aboard NASA's Lunar Reconnaissance Orbiter, or LRO, and the ShadowCam instrument, a specialized lunar imaging camera on board the Korea Pathfinder Lunar Orbiter that provides visibility in light obscured conditions such as dark and shadowed regions of the Moon. Under the $15.5M cost-plus-fixed-fee three-year prime contract for LROC and the $4.5M cost-plus-fixed-fee three-year prime contract for ShadowCam, Intuitive Machines is leading imaging operations, data storage and analysis, and mission support. The Company also is leading LROC's Moon surface mapping operations, and advance ShadowCam imaging of permanently shadowed regions. Since LRO's launch in 2009, LROC has captured more than 2.6 million Narrow Angle Camera and more than 640,000 Wide Angle Camera high-resolution images of the lunar surface as part of the LRO mission.
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Analyst Views on LUNR
Wall Street analysts forecast LUNR stock price to fall
10 Analyst Rating
8 Buy
1 Hold
1 Sell
Moderate Buy
Current: 33.670
Low
9.50
Averages
17.74
High
25.00
Current: 33.670
Low
9.50
Averages
17.74
High
25.00
About LUNR
Intuitive Machines, Inc. is a space technology, infrastructure, and services company. It is a provider and supplier of space products and services that enable sustained robotic and human exploration to the Moon, Mars, and beyond. Its services include delivery services, data transmission services, and infrastructure as a service. Its delivery services provide transportation and delivery of payloads, such as satellites, scientific instruments and cargo to various destinations in space, in addition to rideshare delivery and lunar surface access. Its data transmission services offerings include the collection, processing, and interpretation of space-based data, utilizing applications, such as command, control, communications, reconnaissance and prospecting. Its infrastructure as a service delivers space assets, performing tasks and making decisions without human intervention that are designed to perform essential functions, such as navigation, scientific data collection, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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