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NASA has awarded a five-year contract with a maximum total value of $4.82 billion.
Intuitive Machines was selected to build moon data satellites through the contract. The company's stock rose more than 40% on the news.
"This contract marks an inflection point in Intuitive Machines' leadership in space communications and navigation," Intuitive Machines CEO Steve Altemus said in a statement.
Read more from CNBC.
The frame is in place for a multipurpose athletic facility on the grounds of Logan-Rogersville High School.