financetom
Business
financetom
/
Business
/
Intuitive Machines Gets New Contracts From NASA's Near Space Network; Shares Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Intuitive Machines Gets New Contracts From NASA's Near Space Network; Shares Rise
Dec 23, 2024 8:24 AM

11:02 AM EST, 12/23/2024 (MT Newswires) -- Intuitive Machines ( LUNR ) said Monday it won new direct-to-Earth services contracts from the National Aeronautics and Space Administration's Near Space Network.

The contracts include providing improved data transmission capabilities and autonomous operations, and addressing mission requirements for "highly elliptical" orbits and deep space operations, the company said.

Project timelines for the contracts cover February 2025 through September 2029, with an additional five-year extension option, Intuitive Machines ( LUNR ) said.

The company's shares were up more than 4% in recent trading.

Price: 14.16, Change: +0.58, Percent Change: +4.31

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 >
Icahn Enterprises Plans Additional $500 Million Notes Offering
Icahn Enterprises Plans Additional $500 Million Notes Offering
Aug 5, 2025
10:11 AM EDT, 08/05/2025 (MT Newswires) -- Icahn Enterprises ( IEP ) said Tuesday it plans to launch an additional $500 million private offering of 10% senior secured notes due 2029, adding to an existing $500 million issuance completed in November. The new notes will be issued under the same indenture as the original tranche and will be secured by...
Avanos Medical Appoints Scott Galovan as Chief Financial Officer
Avanos Medical Appoints Scott Galovan as Chief Financial Officer
Aug 5, 2025
10:11 AM EDT, 08/05/2025 (MT Newswires) -- Avanos Medical ( AVNS ) said Tuesday it has appointed Scott Galovan as its chief financial officer, effective Aug. 1. Galovan previously worked as senior vice president of strategy and corporate development at Avanos, the company said. Separately, Chief Executive David Pacitti was named a member of the board starting Aug. 1. Shares...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Hess Midstream Signs Agreements for $100 Million Share Repurchase Program
Hess Midstream Signs Agreements for $100 Million Share Repurchase Program
Aug 5, 2025
10:11 AM EDT, 08/05/2025 (MT Newswires) -- Hess Midstream ( HESM ) said Tuesday it signed agreements for a two-part $100 million share repurchase program. The company's subsidiary Hess Midstream Operations agreed to repurchase about 700,000 of its class B units from an affiliate of Chevron ( CVX ) for approximately $30 million. The unit repurchase is expected to close...
Copyright 2023-2026 - www.financetom.com All Rights Reserved