Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

NASA awards Firefly Aerospace $112 million contract for far-side moon lander

Published 03/14/2023, 06:11 PM
Updated 03/14/2023, 09:58 PM
© Reuters. FILE PHOTO: Workers pressure wash the logo of NASA on the Vehicle Assembly Building at the Kennedy Space Center in Cape Canaveral, Florida, U.S., May 19, 2020. REUTERS/Joe Skipper

(Reuters) - NASA on Tuesday said it had picked U.S. rocket builder Firefly Aerospace to put a lander on the moon's far side in 2026, under a nearly $112 million contract.

"The commercial lander will deliver two agency payloads, as well as communication and data relay satellite for lunar orbit, which is an ESA (European Space Agency) collaboration with NASA," the U.S. space agency said.

The contract is part of the Artemis program's Commercial Lunar Payload Services (CLPS) initiative - an effort to deploy privately built lunar landers to study the moon's surface before people land there in the next few years.

NASA handed a similar award of $73 million to spacecraft software firm Draper last year to deliver science and technology payloads to the far side of the moon in 2025.

© Reuters. FILE PHOTO: Workers pressure wash the logo of NASA on the Vehicle Assembly Building at the Kennedy Space Center in Cape Canaveral, Florida, U.S., May 19, 2020. REUTERS/Joe Skipper

Firefly, which reached orbit for the first time in October, had seen years of difficulty, including a 2017 rescue from bankruptcy by Ukrainian-born entrepreneur Max Polyakov's Noosphere Ventures.

NASA awarded Cedar Park, Texas-based Firefly $93.3 million in 2021 to carry a suite of 10 science investigations and technology demonstrations to the moon in 2023.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.