Intuitive Machines, Inc. (LUNR)
With huge NASA contract, Intuitive Machines closer to becoming ‘preeminent lunar infrastructure player', says analyst
The award of a NASA contract worth up to $4.82 billion has cemented Intuitive Machines Inc.'s position as a key partner in the space agency's ambitious plans for lunar exploration, according to analyst firm Benchmark.
Intuitive Machines Soars: NASA Contract Fuels Lunar Ambitions
Intuitive Machines, Inc. NASDAQ: LUNR is a space exploration company at the forefront of lunar exploration. Intuitive Machines' stock price is soaring to new heights following the recent award of a NASA contract for communication and navigation services for missions in the near-space region.
Intuitive Machines Stock Skyrockets on Big NASA Contract
Shares of Intuitive Machines (LUNR) blasted off nearly 60% Wednesday, a day after the space travel support firm received a contract worth up to $4.82 billion from the National Aeronautics and Space Administration (NASA).
Intuitive Machines stock soars 50% on $5 billion NASA deal: Is It too late to invest?
Intuitive Machines Inc (NASDAQ: LUNR) saw a dramatic 50% surge in its stock price today following the announcement of a groundbreaking $5 billion space network contract with NASA. This major deal, signed on Wednesday, represents a significant boost for the space exploration company and highlights its growing role in space missions.
Space Exploration Stock Soars on Billion-Dollar NASA Contract
Space exploration stock Intuitive Machines Inc (NASDAQ:LUNR) is soaring today, up 49.4% to trade at $8.06, and earlier trading as high as $8.78.
Why Intuitive Machines Stock Mooned 60% Today
NASA awarded Intuitive Machines a $4.8 billion, 5-to-10 year space communications contract today. The contract hires Intuitive to relay communications from GEO orbit to the moon and back.
Lunar company Intuitive Machines' stock jumps more than 50% after NASA moon satellite contract
Intuitive Machines' stock rose more than 50% on Wednesday. NASA awarded the lunar-focused company a major contract to build moon data satellites.
Intuitive Machines Stock Soars on New NASA Contract. This Is Big.
The space technology provider announced a contract with NASA that could award some $4.8 billion in work over 10 years.
Intuitive Machines' stock soars, boosted by NASA contract worth up to $4.82 billion
Shares of Intuitive Machines Inc. are skyrocketing Wednesday, lifted by the award of a NASA contract that could be worth up to $4.82 billion.
Intuitive Machines: NASA Gives The Green Light, But Tread Carefully
Intuitive Machines secured a $4.82 billion NASA contract for lunar communication and navigation services. The stock jumped 50%+ on the news as investors see green lights ahead. There are significant risks to consider, but for long-term investors, I think LUNR is a Buy.
Intuitive Machines Rockets Higher On NASA Contract
Intuitive Machines secured a $4.82 billion NASA contract, with $150 million guaranteed soon, ensuring stable revenue and reducing the need for external funding. The company is expected to achieve substantial revenue growth, potentially exceeding 50% to 80% y/y into 2025, driven by these NASA contracts. Despite negative gross margins, paying 1x forward sales is compelling due to the significant growth potential and low valuation.
Intuitive Machines lands $4.8B NASA contract to build Earth-Moon communications infrastructure
NASA wants to establish a permanent human presence on the Moon, but right now, astronauts have to be in direct line of sight with Earth to phone home.
