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 ...

Intuitive Machines, the venture-backed startup that went public last year, will send a moon lander to the lunar south pole in 2027 as part of a $116.9 million contract awarded by NASA on Thursday. This is NASA's tenth award under its Commercial Lunar Payload Services program; of these, four have gone to Intuitive Machines. The company will deliver six NASA payloads to the moon as part of the deal, though there will be additional payload capacity on the lander for commercial customers. The lunar south pole i ...

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 ...

Shares of Intuitive Machines, Inc. (LUNR) have gained 26.2% over the past four weeks to close the last trading session at $5.25, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $9.20 indicates a potential upside of 75.2%. The mean estimate comprises five short-term price targets with a standard deviation of $1.64. While the lowest estimate of $7 indicates a 33.3% increase from t ...

These are exciting times for space stocks, but don't expect Intuitive Machines, Rocket Lab, or AST SpaceMobile to earn a profit for years. Volatility ran amok among space stocks Tuesday. Shares of lunar explorer Intuitive Machines (LUNR 33.41%) rocketed 35.6% through 3 p.m. ET, but rocket maker Rocket Lab (RKLB -7.51%) and satcom specialist AST SpaceMobile (ASTS -11.09%) declined -- down 6.2% and 12.3%, respectively. AST's decline comes after the FCC permitted Globalstar (NYSE: GSAT) to operate 17 new cellp ...

Intuitive Machines remains a speculative space stock -- but it's got potential to rocket. Investors in start-up moon lander stock Intuitive Machines (LUNR 7.32%) had a rather curious experience last week. Reporting earnings early in the week, Intuitive delivered the shocking news that, instead of losing $0.18 per share (as Wall Street expected), it earned a profit of $0.29 per share. Now, you might have expected news like this to elicit a round of applause from Wall Street. It didn't. Or at least, it didn't ...

Digital Vision./DigitalVision via Getty Images All that glitters is not gold. But sometimes, new data, new developments, and new perspectives change your opinion. When I first covered Intuitive Machines, Inc. (NASDAQ:LUNR) in February 2023, I found the company very interesting given its focus on the lunar economy, which, at the time, differentiated it from other public space exploration companies. That said, I thought investors should take a more cautious approach toward LUNR stock, as I felt Mr. Market had ...

Aerospace and defense specialist Intuitive Machines (NASDAQ:LUNR) – which designs, manufactures and operates space products and services – saw its shares slip on Tuesday. Following a mixed-earnings report for the second quarter, investors weren't feeling the love for LUNR stock. Nevertheless, for contrarian bulls, this rising member of the space economy could potentially offer outsized rewards. Yesterday morning, Intuitive reported a loss per share of 5 cents. This figure significantly mitigated the expecte ...