“Lunar company Intuitive Machines’ stock jumps more than 40% after NASA moon satellite contract”
September 24, 2024
“…The five-year contract, which has a maximum total value of $4.82 billion, will incrementally issue awards as work progresses. Intuitive Machines’ initial NSN award is worth $150 million. Intuitive Machines shares surged more than 40% in afternoon trading from its previous close at $5.40 a share…
Intuitive Machines made history in February as the first U.S. company to soft land a cargo mission on the moon’s surface. Since then, it became one of three companies awarded contracts under NASA’s $4.6 billion crew lunar rover contract and also added its fourth cargo delivery contract with a $117 million award last month…”
https://www.cnbc.com/2024/09/18/intuitive-machines-stock-nasa-moon-satellite-contract.html