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NASA taps EV maker Canoo to shuttle astronauts to launchpad for Mars and Moon mission

NASA taps EV maker Canoo to shuttle astronauts to launchpad for Mars and Moon mission

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NASA selected electric-truck maker Canoo Inc. to build vehicles to carry astronauts to the launchpad for upcoming missions to the moon and Mars,

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, boosting the company’s profile as it grapples with a federal securities investigation and employee exodus.

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The contract, valued at $147,855, was announced last week on the website for the U.S. General Services Administration.

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Competing bidders have until later this month to protest the award. 

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The NASA contract calls for the delivery of crew transport vehicles by June 2023. The first crewed Artemis mission is slated for 2024.

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Canoo’s shares rose 1.8% as of 5:38 p.m. in New York after jumping as much as 5% in after-hours trading. The stock fell 20% this year through Monday’s close.

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