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The original was posted on /r/wallstreetbets by /u/TheUndefinedMystic on 2024-08-19 15:43:28+00:00.
Very positive earnings report
beat and raise on guidance
paid off all remaining debt
enough cash on hand to fund the next 12 months
Expecting 3 big contract decisions in next 3 weeks including official word from NASA that NSNS reward will be in august as well as NASA reply to viper mission
IM-2 set to launch on the moon Dec (stock did a 6X last IM launch)
$10 PT out on post earnings by cantor and benchmark
The NSNS contract is reported to be worth up to $540M nearly double the current mkt cap of $LUNR
As noted from the earnings call transcript CEO said they have OFFICIAL confirmation from NASA that phase 1 award announcement will be in august phase 2 in September.
Imminent catalysts in A heavily shorted name in the hottest sector in the mkt love the risk reward here
Intuitive Machines is competing for NASA’s Near Space Network Services (NSNS) contract. Here are the key details about this contract:
Contract Overview
The NSNS contract aims to provide communications services for missions operating within 2 million kilometers of Earth, including on and around the moon. It’s part of NASA’s efforts to establish infrastructure for lunar and deep space exploration.
Contract Structure
The NSNS contract is divided into two separate awards:
Direct-to-Earth communications
Relay services
Timeline and Value
The award for the NSNS contract was expected to be announced in August or September 2024.
While the exact value hasn’t been disclosed, it’s considered a significant opportunity for the winning company.
Intuitive Machines’ Position
Intuitive Machines believes it is uniquely positioned to win this contract due to several factors:
Their successful IM-1 mission, which marked a significant U.S. lunar landing.
Their experience in providing lunar data services.
Their capability to deliver orbiting lunar data satellites.
Potential Impact
Winning this contract would be a major milestone for Intuitive Machines, as it would:
Strengthen their position in the lunar exploration market.
Provide a significant boost to their revenue and backlog.
Enhance their relationship with NASA for future projects.
The company’s CEO, Steve Altemus, has expressed confidence in their chances of winning the NSNS contract, citing their recent mission success and relevant experience.
list of catlaysts also important to note CEO said on last weeks call they have OFFICIAL CONFIRMATION from NASA that NSNS contract award decision will be in august
Near Space Network Services (NSNS) Contract Awards:
- CP-22 (next CLPS) Award: Expected in August 2024
- Mission Launches:
- IM-2 Mission: December 2024 - January 2025
- IM-3 Mission: October-November 2025
- VIPER Mission Proposal:
- RFI submission: August 2024
- Expected NASA feedback: September 2024
- Potential mission launch: Late 2027 (tentative)
- OSAM Project Funding: $174.5 million marked up for 2025
- Lunar Terrain Vehicle (LTV) Deployment: 2027-2028 timeframe
- Response to NASA’s RFI on commercializing VIPER: August 2024
- Potential DoD contract phase progression (unnamed project): Timeframe not specified
- Ongoing execution of JETSON low-power nuclear satellite contract
- Final milestone payments for IM-2 mission: Early 2025 (assuming January 2025 launch)