Intuitive Machines stock surges after receiving $2.5M NASA award

From StockTwits: 2025-01-24 10:40:17

Intuitive Machines Inc (LUNR) shares surged 9% after NASA awarded the company a $2.5 million study contract to advance lunar logistics, cargo, and mobility solutions. The contract, under the NextSTEP Appendix R, aims to tackle challenges in the lunar environment. Intuitive Machines plans to use the funds to develop technologies for transporting lunar payloads using their heavy-cargo-class lunar lander. Retail sentiment on Stocktwits was ‘extremely bullish’ at 79/100, with high message volume. LUNR shares have risen over 25% year-to-date and over 815% in the past year. Canaccord recently raised their price target on the stock to $26.



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