Stock Track | Intuitive Machines Soars on Massive NASA Contract

Stock Track09-18 22:02

Shares of space exploration company Intuitive Machines (LUNR) skyrocketed on Wednesday, surging over 47% after the company secured a major contract from NASA worth up to $4.82 billion.

The contract, called the Near Space Network, involves providing communication and navigation services for missions in the near space region extending from Earth's surface to beyond the Moon. It has a base period of five years with an additional five-year option.

This landmark deal represents a significant milestone for Intuitive Machines, positioning the company as a leader in space communications and navigation infrastructure. According to CEO Steve Altemus, the contract marks "an inflection point" for the company, supporting NASA's Artemis campaign and enabling the expansion of the lunar economy.

Under the contract, Intuitive Machines will deploy a constellation of lunar satellites to enable enhanced data transmission services, autonomous operations, and assist in tasks such as landing site selection and resource prospecting. These capabilities are crucial for facilitating future exploration and operations on the Moon.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1118968981?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-18 22:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1118968981","market":"us","top_or_hot":-1,"title":"Stock Track | Intuitive Machines Soars on Massive NASA Contract","media":"Stock Track","content":"<p>Shares of space exploration company Intuitive Machines (LUNR) skyrocketed on Wednesday, surging over 47% after the company secured a major contract from NASA worth up to $4.82 billion.</p>\n\n<p>The contract, called the Near Space Network, involves providing communication and navigation services for missions in the near space region extending from Earth's surface to beyond the Moon. It has a base period of five years with an additional five-year option.</p>\n\n<p>This landmark deal represents a significant milestone for Intuitive Machines, positioning the company as a leader in space communications and navigation infrastructure. According to CEO Steve Altemus, the contract marks \"an inflection point\" for the company, supporting NASA's Artemis campaign and enabling the expansion of the lunar economy.</p>\n\n<p>Under the contract, Intuitive Machines will deploy a constellation of lunar satellites to enable enhanced data transmission services, autonomous operations, and assist in tasks such as landing site selection and resource prospecting. These capabilities are crucial for facilitating future exploration and operations on the Moon.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Intuitive Machines Soars on Massive NASA Contract</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Intuitive Machines Soars on Massive NASA Contract\n</h2>\n\n<h4 class=\"meta\">\n\n2024-09-18 22:02 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of space exploration company Intuitive Machines (LUNR) skyrocketed on Wednesday, surging over 47% after the company secured a major contract from NASA worth up to $4.82 billion.\nThe contract, ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LUNR","symbol_name":"Intuitive Machines","start_time":0,"source_url":"","article_id":"1118968981","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1118968981","pubTimestamp":1726668146,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of space exploration company Intuitive Machines  skyrocketed on Wednesday, surging over 47% after the company secured a major contract from NASA worth up to $4.82 billion.The contract, called the Near Space Network, involves providing communication and navigation services for missions in the near space region extending from Earth's surface to beyond the Moon. It has a base period of five years with an additional five-year option.This landmark deal represents a significant milestone for In","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LUNR":"Intuitive Machines"},"translate_title":"股票跟踪Intuitive Machines因NASA巨额合同而飙升","themeId":"00b23946f3c89eba4af3a9ea708cb11d","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LUNR":1},"content_text":"Shares of space exploration company Intuitive Machines (LUNR) skyrocketed on Wednesday, surging over 47% after the company secured a major contract from NASA worth up to $4.82 billion.\nThe contract, called the Near Space Network, involves providing communication and navigation services for missions in the near space region extending from Earth's surface to beyond the Moon. It has a base period of five years with an additional five-year option.\nThis landmark deal represents a significant milestone for Intuitive Machines, positioning the company as a leader in space communications and navigation infrastructure. According to CEO Steve Altemus, the contract marks \"an inflection point\" for the company, supporting NASA's Artemis campaign and enabling the expansion of the lunar economy.\nUnder the contract, Intuitive Machines will deploy a constellation of lunar satellites to enable enhanced data transmission services, autonomous operations, and assist in tasks such as landing site selection and resource prospecting. These capabilities are crucial for facilitating future exploration and operations on the Moon.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1118968981"}