BUZZ-Intuitive Machines rises on NASA contract award
ReutersJan 24, 2025 4:00 PM
Shares of space exploration firm Intuitive Machines LUNR.O rise ~8% to $23.94
LUNR says NASA has awarded co ~$2.5 mln study contract to advance lunar logistics handling and offloading, as well as surface cargo and mobility
The contract aims to advance solutions to daily challenges in the lunar environment identified by NASA's Moon to Mars architecture
LUNR says it plans to focus on tech related to the transportation of lunar payloads using its heavy-cargo-class lunar lander, currently in development
5 brokerages rate the stock "buy"; median PT is $16 - LSEG
LUNR gained 669.5% in 2024
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