Intuitive Machines, Inc. ( LUNR ) shares are trading lower on Tuesday. The company, along with Nokia Corporation , successfully integrated Nokia’s Lunar Surface Communication System (LSCS) into the IM-2 mission lander, Athena.
The Athena lander, along with the LSCS, is set to travel to the lunar south pole during the upcoming IM-2 mission, where the two companies plan to deploy the first cellular network on the Moon.
The LSCS, adapted from Earth’s 4G/LTE technology by Nokia Bell Labs, enables surface connectivity for high-definition video, communications, and telemetry.
Nokia’s LSCS includes two device modules installed in Intuitive Machines’ Micro-Nova Hopper and Lunar Outpost’s MAPP rover.
After extensive testing with Nokia Bell Labs, Intuitive Machines ( LUNR ) integrated the LSCS “network in a box” onto Athena’s carbon-composite panel.
Upon landing, these vehicles will deploy and immediately use the modules to connect to the network on Athena.
Intuitive Machines ( LUNR ) plans to transmit this data directly to Earth through its data transmission service.
Intuitive Machines’ second lunar mission will test new sensors on the Micro-Nova Hopper, designed to detect water ice by scanning for hydrogen in permanently shadowed lunar craters.
Data will be transmitted to Athena via the Nokia ( NOK ) network and sent back to Earth.
Investors can gain exposure to the stock via Procure Space ETF ( UFO ) and SPDR S&P Kensho Final Frontiers ETF ( ROKT ) .
Price Action: LUNR shares are down 6.71% at $20.30 at the last check Tuesday.
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