Intuitive Machines CEO Says Expects 5 More Hours Before Odysseus Lander Goes To Sleep, Currently 'Degrading In Power'
Portfolio Pulse from Benzinga Newsdesk
Intuitive Machines CEO announced that the Odysseus Lander is expected to go into sleep mode in 5 hours due to degrading power levels, as reported by Reuters.
February 28, 2024 | 7:57 pm
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The announcement about the Odysseus Lander's power degradation and impending sleep mode could impact investor sentiment towards LUNR, given its association with space exploration.
The news directly involves a project associated with space exploration, a sector LUNR is involved in. Negative developments such as power degradation could lead to concerns over project delays or failures, potentially affecting investor confidence and LUNR's stock price in the short term.
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IMPORTANCE 70
RELEVANCE 80