Financial PerformanceLUNR exits FY24 with record backlogs of $328M, a strong cash position of +$385M, and positive FY25 EBITDA guidance, providing a solid operational backstop.
Growth OpportunitiesThe redemption of outstanding warrants generated $148M in cash, boosting the company's total cash position to $385M and providing ample financial flexibility for managing large NASA programs.
Strategic ContractsLUNR's >$4B NSN communications relay contract is a long-term asset with an ~80% margin, significantly higher than IM Moon lander missions at ~10% margin.