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Intuitive Machines Stock Nears A Golden Cross โ And NASA Just Added Fuel
Benzingaยท 2025-11-14 15:29
Core Insights - Intuitive Machines Inc. is transitioning from a lunar lander startup to a multi-domain space company, indicated by its stock nearing a Golden Cross, a bullish signal in technical analysis [1][5] - The company has secured a dedicated bay at Texas A&M's upcoming Space Institute, a $200 million facility designed to simulate lunar conditions [2] - Intuitive Machines plans to utilize this facility to test its Moon RACER lunar terrain vehicle, leveraging 16 years of lunar data for enhanced development [3] Strategic Developments - The company announced an $800 million acquisition of Lanteris Space Systems, marking a significant shift in its operational identity [3][4] - This acquisition positions Intuitive Machines as a contractor for both lunar missions and commercial/military satellite operations, expanding its market reach [4] - The revenue forecast for the company is projected to grow from $228 million to $850 million, reflecting its expanding business model [5]