Intuitive Machines shares are trading higher after the company was awarded a $116.9 million NASA contract to deliver six science and technology payloads to the Moon.
Portfolio Pulse from Benzinga Newsdesk
Intuitive Machines shares rose after securing a $116.9 million NASA contract to deliver six payloads to the Moon.
August 30, 2024 | 11:47 am
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Intuitive Machines' stock is trading higher following the award of a $116.9 million contract from NASA to deliver six payloads to the Moon.
The NASA contract is a significant win for Intuitive Machines, likely boosting investor confidence and driving up the stock price. The contract's value and the prestige of working with NASA are positive indicators for future revenue and growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100