Intuitive Machines stock surges on NASA contract award By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 24 2025
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Should l Buy ?
Source: Investing.com
NASA Contract Award: Intuitive Machines, Inc. shares rose 7% after receiving a $2.5 million NASA contract to enhance lunar logistics and mobility as part of the NextSTEP initiative, focusing on challenges in the lunar environment.
Strategic Positioning: CEO Steve Altemus highlighted the company's expertise in lunar delivery and infrastructure services, emphasizing its role in shaping future lunar exploration and supporting NASA's Artemis program.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
