Artvill · CC BY 4.0 · Wikimedia Commons

Venturi Astrolab

🇺🇸Hawthorne, CA, United StatesLunar mobility (LTV prime)

Verified 2026-06-12· Astrolab, Inc.

Founded

2018

Overview

Builds and sells lunar terrain vehicles. Won NASA LTV Services task order April 2024 (one of three primes, $1.928B IDIQ ceiling). Also operates the FLEX rover commercially — first FLIP variant on Astrobotic Griffin Mission 1 (replacing cancelled VIPER).

Moat: Only LTV prime that ALREADY has a flight manifest — FLIP rover flies on Griffin Mission 1 NET July 2026, years before the LTV down-select. Astrolab is also part-owned by Monaco's Venturi Group, which brings EV powertrain heritage.

Business

Primary customers

Government: NASA LTV Services
Commercial: Commercial CLPS payload customers

Sectors

Lunar rovers · LTV Services · Commercial lunar mobility

Gallery

Front view of the Venturi Astrolab FLEX Lunar Terrain Vehicle at the 2025 Paris Air Show. — Image: FLEX can carry two suited astronauts or be teleoperated from Earth — Artvill · CC BY 4.0 · Wikimedia Commons

Venturi Astrolab's FLIP scout rover on display at the 2025 Paris Air Show. — Image: FLIP — Astrolab's compact scout rover (flying on Astrobotic's Griffin) — Artvill · CC BY 4.0 · Wikimedia Commons

A Venturi hyper-deformable airless lunar wheel developed for the Astrolab FLEX rover. — Image: Venturi's hyper-deformable airless wheel for FLEX — Barry Hathaway / Venturi · CC BY-SA 4.0 · Wikimedia Commons

Key Products

FLEX (Flexible Logistics and Exploration Rover)development
Modular lunar rover with hot-swap payload bays. Highest IDIQ ceiling among the 3 LTV primes ($1.928B). First-use target: Artemis V (NET 2030).
First flight: 2030 (NET)
FLIP (FLEX Lunar Innovation Platform)development
Smaller commercial-class variant flying on Astrobotic Griffin Mission 1 NET 2026. Replaces NASA's cancelled VIPER rover.
First flight: 2026-07 (NET)

Investor Resources

Primary-source documents — straight from Venturi Astrolab's investor relations and SEC filings.

Investor Presentations

Near-term Catalysts

2026-07 (NET)
FLIP first flight on Griffin Mission 1
First Astrolab rover on the lunar surface — major credibility milestone before the LTV down-select.
2026-2027
NASA LTV down-select
Winner-take-most outcome for the $1.928B IDIQ.

Top Risks

Griffin Mission 1 lander itself could fail — would taint FLIP's flight record despite being a passenger.
LTV Services down-select could go to Lunar Outpost or Intuitive Machines.
Pre-revenue from LTV; FLIP commercial fee structure not publicly disclosed.

Recent Milestones

2024-04-03
NASA selects Astrolab as one of 3 LTV Services primes — IDIQ ceiling $1.928B
2024-07
NASA confirms FLIP as replacement payload on Astrobotic Griffin Mission 1 after VIPER cancellation
2026-05
NASA awards Astrolab $219M LTV Phase 1 task order — funds first demonstration mission rover; part of NASA's ~$1B Moon base contract tranche (fall 2026 first mission target)

From Management

Recent interviews and talks from Venturi Astrolab's leadership — hear the strategy in their own words.

Jaret Matthews · Founder & CEOLunar Rovers with Astrolab CEO Jaret MatthewsCNBC — Manifest Space · Jun 6, 2024 Jaret Matthews · Founder & CEOOn their multipurpose lunar roversSpaceQ · May 2022

What investors should know

Q1What's the connection to Venturi Group / Monaco?⌄

Venturi Group (Monaco) is a strategic shareholder. Venturi Group brings EV powertrain heritage and the 'Venturi Astrolab' brand reflects the partnership. Operationally Astrolab is US-based and HQ'd in Hawthorne, CA.

Q2Why is FLIP flying years before the LTV down-select?⌄

Astrolab pursued a parallel commercial path. After NASA cancelled VIPER in July 2024, Astrobotic needed a replacement payload for Griffin Mission 1 (already paid-for). FLIP filled that gap, giving Astrolab a first-flight opportunity NET July 2026 — well before the full FLEX rover would launch on Artemis V.

Q3Is Astrolab publicly traded?⌄

No. Astrolab is a privately held California company. No announced IPO timeline.

Q4What if Astrolab loses the LTV down-select?⌄

FLEX would remain a credible commercial lunar rover even without the NASA Services task order. Astrolab could pivot to selling FLEX missions directly to international agencies and commercial payload customers via FLIP-class variants.

Q5How does FLEX compare to Lunar Dawn and Moon RACER technically?⌄

FLEX is the most modular of the three — designed for hot-swap payload bays and reconfigurable for different mission profiles. Lunar Dawn emphasizes industrial-grade partnership (GM/Goodyear). Moon RACER leverages Intuitive Machines' Nova-D cargo lander for delivery.

Peers

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Sources & References

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