Intuitive Machines shares are trading higher after the company announced it was awarded a NASA Near Space Network contract for communication and navigation services, with a maximum potential value of $4.82 billion.
Portfolio Pulse from Benzinga Newsdesk
Intuitive Machines shares rise following the announcement of a NASA Near Space Network contract for communication and navigation services, potentially worth $4.82 billion.
September 17, 2024 | 8:41 pm
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POSITIVE IMPACT
Intuitive Machines has been awarded a NASA contract for communication and navigation services, potentially worth $4.82 billion, boosting its stock price.
The announcement of a significant NASA contract is a major positive development for Intuitive Machines, likely leading to increased revenue and investor confidence, thus driving the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100