Lunar company Intuitive Machines' stock jumps more than 50% after NASA moon satellite contract
Intuitive Machines(LUNR) CNBC·2024-09-18 21:40
Intuitive Machines' stock jumped in early trading Wednesday after NASA awarded the lunar-focused company a major contract to build moon data satellites. "This contract marks an inflection point in Intuitive Machines' leadership in space communications and navigation," Intuitive Machines CEO Steve Altemus said in a statement. NASA said the company was the sole awardee to build "lunar relay systems" for the agency's Near Space Network, a system that communicates with government and commercial missions that ar ...