10:25 AM EDT, 05/10/2024 (MT Newswires) -- Intuitive Machines ( LUNR ) plans another moon trip by the end of 2024, aiming to install a 4G network on the lunar surface, in partnership with Nokia's ( NOK ) , Bloomberg reported Friday, citing founder Kam Ghaffarian.

"On our second mission, which will be in the last quarter of the year, we are actually installing a 4G network on the surface of the moon," Ghaffarian said in an interview Thursday.

Ghaffarian is also the co-founder of Axiom Space, a developer of commercial space stations, which is on schedule to launch its first space station module in 2026 after raising $350 million in its most recent funding round.

Ghaffarian sees rapid growth ahead in the space economy, powered by AI, quantum computing, and robotics, Bloomberg said.

Neither Intuitive Machines ( LUNR ) nor Nokia ( NOK ) immediately responded to comment requests by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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