Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...

Group 1 - NASA aims to establish a permanent human presence on the Moon and is developing the Near Space Network for continuous lunar communications [1][2] - Intuitive Machines has been awarded a contract by NASA to build a satellite constellation for navigation and communications, with a maximum potential value of $4.82 billion [2][4] - The contract guarantees $150 million, with the possibility of exceeding this amount based on the services provided over a five-year period [4] Group 2 - The lunar satellite constellation will support NASA's goal to land humans on the Moon's south pole, which has limited direct communication opportunities with Earth [5] - The infrastructure will also enhance capabilities for uncrewed missions, including remote operation of rovers and improved data transmission rates [5][6] - Intuitive Machines, which went public last year, reported a revenue of $41.4 million in Q2, reflecting a 130% year-over-year increase, largely from government contracts [7]

HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, today announced NASA has awarded the Company a Near Space Network ("NSN") contract for communication and navigation services for missions in the near space region, which extends from Earth's surface to beyond the Moon. This Subcategory 2.2 Geostationary Orbit to Cislunar Relay Services is a new Firm-Fixed-Price, Mult ...

Company Overview - Intuitive Machines has made significant progress in 2024, successfully completing its first lunar mission with the Nova-C lunar lander, Odysseus, which was part of NASA's Commercial Lunar Payload Services program [3][4] - The mission marked the first lunar landing of any American-made spacecraft since 1972 and the first for a commercial spacecraft [3] Financial Performance - In Q2, Intuitive Machines reported an operating loss of $28 million, exceeding analysts' expectations of a $9 million loss [5] - The company spent $41.5 million in cash for operations in the first half of the year and had a cash position of $31.6 million at the end of Q2, which is expected to fund operations for the next 12 months [5][6] - Revenue projections for this year are around $223 million, with a net loss expected to be approximately $68 million. Next year's revenue is projected to be around $371 million, with a net loss of $10 million [6] Future Outlook - Analysts project that Intuitive Machines may turn a profit by 2026, estimating a net income of $15 million on $475 million in revenue [7] - The next mission, IM-2, is set to launch in January next year, focusing on researching ice on the Moon's surface [8] Market Context - The global space exploration market is projected to grow at a compound annual growth rate of 16% through 2032, indicating a growing interest in commercial space ventures [2]

Intuitive Machines, Inc. (LUNR) closed the last trading session at $5.63, gaining 56.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $9.80 indicates a 74.1% upside potential. The mean estimate comprises five short-term price targets with a standard deviation of $1.10. While the lowest estimate of $8 indicates a 42.1% increase from the current price level, the most optimistic ana ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

HOUSTON, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, announced that effective September 16, 2024, Pete McGrath will transition from his current role of Senior Vice President, Chief Operating Officer into the role of Senior Vice President and Chief Financial Officer. Steven Vontur will transition from serving as the Company's Interim Chief Financial Officer to Chief Acc ...

Intuitive Machines just keeps winning (NASA contracts). Intuitive Machines (LUNR 9.36%) stock soared 15.8% through 9:45 a.m. ET Friday morning after the company announced it has won its fourth moon landing contract from NASA. IM-4 -- the name of the mission -- will see Intuitive Machines send another of its Nova-C-class moon landers to the lunar south pole, there to deliver "six science and technology payloads, including one European Space Agency-led drill suite." CLPS loves LUNR Intuitive Machines' IM-4 mi ...

HOUSTON, Aug. 29, 2024 (GLOBE NEWSWIRE) -- NASA has awarded Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, a $116.9 million contract to deliver six science and technology payloads, including one European Space Agency-led drill suite to the Moon's South Pole. This award will leverage Intuitive Machines' lunar delivery, data transmission, and autonomous operation capabilities to explore the region targeted f ...

Investors should pay more attention to this producer of lunar exploration vehicles. Metric 2022 2023 2024 Projected Revenue $102 million $291 million $759 million AST SpaceMobile (ASTS -10.41%) is one of the market's hottest space-related stocks. It soared 445% this year as the bulls cheered its progress toward launching its first low-Earth orbit (LEO) satellites for lower-band cellular connections. AST hasn't generated any meaningful revenue yet, but it's expected to finally start making money once it laun ...