Intuitive Machines wins $600M+ satellite communications contract

Intuitive Machines, Inc. (Nasdaq: LUNR) has received an authorization to proceed from an undisclosed customer for a multi-satellite communications infrastructure program with an anticipated value of more than $600 million, the Houston-based company announced.

Under the agreement, Intuitive Machines will design, manufacture, integrate, and support multiple spacecraft using its IM 1300™ satellite platform. Additional program details remain confidential at the customer's request.

"Winning this multi-satellite procurement is an important milestone for Intuitive Machines and reflects the confidence our customers place in our ability to deliver high-performance spacecraft for a broad range of mission needs," said Steve Altemus, Chief Executive Officer of Intuitive Machines.

Chris Johnson, President of Intuitive Machines Space Systems, said the program spans design and manufacturing through mission delivery, with the company working closely with the customer throughout each phase.

Intuitive Machines states it has built over 300 spacecraft and operates across commercial, civil, and national security space markets.

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