Movement Alert|Intuitive Machines Rises 8.21% in Pre-Market Trading, Awarded NASA Contract Worth Up to $148.3 Million for Lunar Lander Mission

Market Focus07-01

On July 1, Intuitive Machines rose 8.21% in pre-market trading, trading at $23.19/share, with turnover of $1.9349 million.

On the news front, NASA announced it has awarded Intuitive Machines a contract valued at up to $148.3 million to deliver a Nova-C lander to the lunar surface no later than 2028. The award includes a $68.6 million base contract for mission execution and a $79.7 million performance incentive for demonstration of product-line qualification. Under the contract, the company will deliver scientific and operational payloads to the lunar surface.

This contract is part of a broader NASA initiative allocating nearly $600 million across four commercial lunar missions to Astrobotic, Firefly Aerospace, and Intuitive Machines under the Moon Base Program. The payloads are expected to provide critical data on the lunar environment and landing hazards, supporting future sustained human presence on the Moon.

Intuitive Machines is a space infrastructure company headquartered in Houston, Texas, specializing in lunar access services, orbital services, and lunar data networks for U.S. government, commercial, and international customers.

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