NASA Picks Intuitive Machines Team To Develop Survive Lunar Night Technology; Intuitive Machines Has Been Designated ~$2.4M
Portfolio Pulse from Benzinga Newsdesk
NASA's Space Technology and Mission Directorate (STMD) has awarded a $15 million Tipping Point initiative award to the Zeno Power-led team, which includes Intuitive Machines.
July 25, 2023 | 8:15 pm
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Intuitive Machines, a part of the LUNR ETF, is part of a team that has been awarded a $15 million contract by NASA.
The news of the NASA contract is a positive development for Intuitive Machines, which is part of the LUNR ETF. This could potentially increase the value of the ETF in the short term as it indicates confidence in the company's technology and potential for future growth.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75