financetom
Business
financetom
/
Business
/
Intuitive Machines gets $116.9 million NASA contract for delivery to Moon's south pole
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Intuitive Machines gets $116.9 million NASA contract for delivery to Moon's south pole
Sep 1, 2024 5:51 AM

(Reuters) - NASA has awarded Intuitive Machines ( LUNR ) a $116.9 million contract to deliver six science and technology payloads to the Moon's south pole, the space exploration company said, sending its shares up 16% after the bell.

This marks Intuitive's fourth such contract award, as part of NASA's Commercial Lunar Payload Services initiative to deliver payloads and return valuable data while autonomously operating on the surface of the Moon, the company said.

The Texas-based company is in the final assembly phase of its second lunar mission, which is scheduled to deliver the completed lander to the launch facility later this year.

(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Arun Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hagerty Swings to Q4 Profit, Revenue Increases; Sets 2025 Revenue Guidance
Hagerty Swings to Q4 Profit, Revenue Increases; Sets 2025 Revenue Guidance
Mar 4, 2025
07:35 AM EST, 03/04/2025 (MT Newswires) -- Hagerty ( HGTY ) reported Q4 adjusted earnings Tuesday of $0.02 per share, swinging from a loss of $0.01 a year earlier. Two analysts surveyed by FactSet expected $0.01. Revenue for the quarter ended Dec. 31 was $291.7 million, up from $245 million a year earlier. No comparable FactSet estimates were available. The...
DRI Healthcare Trust Q4 Profit Falls
DRI Healthcare Trust Q4 Profit Falls
Mar 4, 2025
07:30 AM EST, 03/04/2025 (MT Newswires) -- DRI Healthcare Trust (DHT-UN.TO, DHT-U.TO) on Tuesday reported lower fourth-quarter profit and income. The Trust, whose portfolio includes 28 royalty streams on 21 products that address different therapeutic areas, said net earnings fell to US$7 million, or US$0.12 per share, from US$22 million, or US$0.39 per share, last year. The Trust generated total...
Top Premarket Gainers
Top Premarket Gainers
Mar 4, 2025
07:36 AM EST, 03/04/2025 (MT Newswires) -- Exicure ( XCUR ) shares surged 14% pre-bell Tuesday, extending Monday's rally. RxSight ( RXST ) shares advanced 15% following a 5% drop in the previous session. Okta ( OKTA ) shares increased 14%, a day after the company said it exceeded $1 billion in aggregate sales in the Amazon Web Services Marketplace....
Altus Power's 1.4-Megawatt Solar Project at Colorado Sports Facility Starts Operations
Altus Power's 1.4-Megawatt Solar Project at Colorado Sports Facility Starts Operations
Mar 4, 2025
07:33 AM EST, 03/04/2025 (MT Newswires) -- Altus Power ( AMPS ) said Tuesday that its 1.4-megawatt rooftop solar project at the Blue Sport Stable sports facility in Colorado has started operations. The company said the solar project is expected to power a majority of the facility's annual energy requirements and is estimated to reduce carbon emissions by 1,400 metric...
Copyright 2023-2026 - www.financetom.com All Rights Reserved