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Colorado company wins $375M contract to power NASA's moon outpost

Greg Avery
Colorado company wins $375M contract to power NASA's moon outpost

Maxar Technologies Inc. will build the key power and propulsion element around which NASA will assemble a space outpost orbiting the moon by 2024. The Westminster-based aerospace company (NYSE: MAXR) beat out four others working to win the $375 million contract to build a major component of what NASA calls the Lunar Gateway, which will be key to the U.S.’s planned moon return. “Maxar is going to build that for the United States of America,” said NASA Administrator Jim Bridenstine, announcing the PPE contract selection Thursday during an address about NASA’s moon missions on the campus of the Florida Institute of Technology.