Stocks Analysis by The Tokenist (Timothy Fries) covering: Boeing Co, Intuitive Machines Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
When the decade-long Apollo program ran its course and successfully landed the first humans on the Moon, there were no investors to partake in this history. The stake was indirect through taxation as the program was 100% government funded.). On Tuesday, as one of the company’s latest government contracts, IM received the record-breaking $4.82 billion in NASA funding over five years under the Near Space Network contract.on September 2nd, LUNR stock has gone up from $4.97 to $8.
Weighing nearly 2 tons and 4m tall, the vessel used liquid methane and liquid oxygen in addition to generating 200W from solar panels when it landed to deliver 12 payloads worth of instruments. This included the 125-stainless steel balls sculpture Moon Phases by Jeff Koons. Lastly, Intuitive Machines will use the $4.82 budget to develop infrastructure, logistics and mapping solutions to facilitate the Moon’s exploration.Still not publicly traded, Elon Musk’s SpaceX is the main facilitator of renewed lunar exploration. The medium-lift Falcon 9 rocket delivered the Nova-C lander. The first lunar satellite is scheduled for late 2025 under the IM-3 mission.
The company will upgrade Nova-C lander to that effect without it having an impact on schedule. Outside of mere landers, IM is also looking to secure a rover contract from NASA as a part of the agency’s Lunar Terrain Vehicle Services project.
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