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Intuitive Machines Expands Data Transmission Services for Lunar and Deep Space Missions

GlobeNewswire LogoGlobeNewswire12h ago

Intuitive Machines Expands Data Transmission Services for Lunar and Deep Space Missions - GlobeNewswire

Quick Summary:

They position us to capitalize on the $4.82 billion maximum potential value of the NSN contract, while supporting NASA’s Artemis campaign and commercial endeavors to expand the lunar economy.” Intuitive Machines intends to leverage its proven DTE lunar data transmission network, supported by long-term agreements with strategically located radio astronomy dishes worldwide.

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.

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.

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Article Details

Author / Journalist: Intuitive Machines, LLC

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 13:02:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 801 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24597358

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Official Website: globenewswire.com

Update Frequency: 25 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

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Publisher ID: #116

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