NASA has selected 14 American firms to develop technologies to forge a path to sustainable Artemis operations on the moon by the end of the decade, according to press release. The selections have a combined award value of more than $370 million.
- NASA’s Space Technology Mission Directorate to negotiate with companies to issue milestone-based fixed-price contracts that last up to five years
- NASA’s investment in innovative technology will expand the exploration of space and the lunar surface.
- “NASA and industry are building up an array of mission-ready capabilities to support a sustainable presence on the Moon and future human missions to Mars”- Jim Bridenstine, NASA Administrator.
- Nokia to build the first-ever cellular network on the moon while Lockheed Martin and Teledyne to develop technologies for the mission.
The selections are the largest collective award value by NASA in history. NOK: NYSE is up 2.61%, LMT: NYSE is up 0.24%, TDY:NYSE is up 0.20%