Its annual losses have also dropped, with its net loss coming at $6.4 million. The firm’s revenue jumped to $85.9 million in 2022, up from $72.6 million in the previous year. Therefore, if Intuitive Machines is successful, there is a likelihood that the company’s business will continue growing. These tests subjected the lunar lander to low level vibration to excite the complete lander. The other major recent news is that the company has been testing its Nova-C products as it prepares for the first mission to the moon that is scheduled for later this year. “This win is of strategic importance, allowing Intuitive Machines to support NASA in designing, developing, and demonstrating critical technology required to support the emerging orbital servicing market, and a validation of the Company’s experience in spacecraft development.” The deal, which is a joint venture with Space Network Solutions, will see them develop products for the Joint Polar Satellite System. The main reason why the LUNR stock price is rising is that it received a major order from NADA. The company is building supply space product and services to support sustained robotic and human exploration to moon, mars, and beyond. View the NASA premarket stock price ahead of the market session or assess the after hours quote. Intuitive Machines is a company that was established in 2013 to offer space exploration services. Nasstar stock price live 12.75, this page displays LON NASA stock exchange data. Why is Intuitive Machines surging? Copy link to section Stable Share Price: NASA is more volatile than 75 of ID stocks over the past 3 months, typically moving +/- 10 a week. The shares jumped to $13, the highest level since March 20 of this year, giving it a market cap of more than $875 million. NASAs drive to push forward exploration of the final frontier with missions to the moon, Mars and into. Intuitive Machines (NASDAQ: LUNR) stock price jumped by more than 25% in the premarket as traders cheered a major NASA contract. 10 Everyday Things Made Possible by Space Exploration.
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