Intuitive Machines is “the leading beneficiary of NASA’s lunar commercialization efforts,” says B. Riley Securities analyst Mike Crawford.

NASA awarded Intuitive Machines a long-term contract potentially worth $4.82 billion to develop, launch, and operate a five-satellite communications and navigation network around the moon.

NASA has awarded Intuitive Machines a contract of up to $4.82 billion for communication and navigation services for missions in the near space region, the space exploration company said on Tuesday.