NASA has selected companies including Viasat and Intuitive Machines to expand the agency’s Near Space Network’s commercial direct-to-Earth capabilities services. Viasat shares are up 4% in postmarket trading while Intuitive Machines gained 8%.
- Contracts’ cumulative maximum value is $4.82 billion.
- Firm-fixed-price, indefinite-delivery/indefinite-quantity contracts
- Project timelines span from February 2025 to September 2029, with an additional five-year option period
- Other task order recipients include Kongsberg Satellite Services and SSC Space US
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(Adds shares in first paragraph. An earlier version corrected the spelling of company name in headline.)
--With assistance from
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