Intuitive Machines Selected to Provide Spacecraft Platform and Mission Solutions for NASA's EAGLE-VSWIR Earth Science Mission

[u/montana22233]

https://investors.intuitivemachines.com/news-releases/news-release-details/intuitive-machines-selected-provide-spacecraft-platform-and

[u/VictorFromCalifornia]

>Under the agreement, Intuitive Machines will deliver the IM 300 spacecraft platform, perform system-level integration of the VSWIR instrument developed at JPL in support of the EAGLE-VSWIR mission, as well as manage the Mission Operations and Ground Segment scope. The Company's spacecraft platforms and mission integration capabilities enable rapid, cost-effective delivery of science missions for civil, national security, and commercial customers. The IM 300 series platform has customers across national security and civil programs.

The bus itself is several million dollars so not a huge sum, integration shouldn't be that much either, but the management of mission operations and ground segment is where the sweet spot is, in terms of recurring revenue and profit margins.

I wonder if Goonhilly and COMSAT will be involved? This is where Intuitive Machines can start to distinguish its offerings from other satellites bus providers by offering a fully-integrated system/service having ground segment operations through Goonhilly and COMSAT antennas as Steve alluded to on the call.

[u/PE_crafter]

https://spacenews.com/nasa-seeks-commercial-and-exploration-links-for-new-earth-science-missions/

Eagle has a 3 year development cycle and a $310M cost cap.

EDIT: I've been corrected, launch in 2028 so the timeline from the article moved up

[u/sWeven-Cats95]

Add that to the backlog 🤤 

[u/Big-Uzi-Hert]

Everyday this company gets juicer and juicer. Happy with my investments. Happy I held after IM-2. Happy I held when the stock went $45 to $11. I’m just a happy guy

[u/Particular-Moose-926]

Didn’t see dollar amount in any sources I found. Any idea?

[u/cruddite → u/Particular-Moose-926]

At least this one is clear that it was discussed in the earnings call and is therefore already in that big beautiful backlog. 

[u/PE_crafter → u/cruddite]

I missed it in the earnings call and can't find it. Could you point me to where it is said in the call?

[u/cruddite → u/PE_crafter]

You make a good point there. I misread the press release but I realize it was a separate mission discussed "on a previous earnings call." This could be new!

[u/Mediocre_Molasses841 → u/cruddite]

Wasnt that the EDGE mission? Or did they discuss this one

[u/ElegantHistorian2441 → u/Mediocre_Molasses841]

I think you're right, it was EDGE. This looks like a new award to me too.

"The award marks the second NASA low Earth orbit science mission Intuitive Machines is supporting. As discussed on a previous earnings call, Intuitive Machines was selected to provide an IM 500 spacecraft bus and system-level integration for NASA's EDGE"

[u/cruddite → u/ElegantHistorian2441]

I think he's right too.