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Intuitive Machines nasdaq Lunr Wins 69 Million Nasa Contract for Moon Payload Delivery

Intuitive Machines (NASDAQ: LUNR) Wins $116.9 Million NASA Contract for Moon Payload Delivery

NASA has awarded Intuitive Machines (NASDAQ: LUNR) a $116.9 million contract to deliver six science and technology payloads to the Moon’s south pole, the space exploration company said, sending its shares up 16% after the bell.

This marks Intuitive’s fourth such contract award, as part of NASA’s Commercial Lunar Payload Services initiative to deliver payloads and return valuable data while autonomously operating on the surface of the Moon, the company said.

The Texas-based company is in the final assembly phase of its second lunar mission, which is scheduled to deliver the completed lander to the launch facility later this year.

(Source: Reuters)

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Jennifer Tacker
Jennifer Tacker is a staff writer at ABBO News. She holds a B.A. from the University of Waterloo and a B.Ed from Western University. Jennifer has been active in the stock market and crypto sector for a decade. She specializes in technical analysis and trading strategies.