Mentioned:
One of the most exciting publicly traded space companies in the world is getting ready for another mission to the moon.
What’s happening:
- Aerospace company Intuitive Machines (NASDAQ: LUNR) has announced they are officially preparing for their second ever trip to the moon later this year
Why it matters:
- Intuitive Machines previously made history when they became the first for profit company to land a spacecraft on the moon
Going deeper:
- Intuitive Machines is amongst a small handful of early stage companies who have been selected to receive funding from NASA in order to advance critical technology for delivering payloads to the moon
- The first moon landing completed by Intuitive Machines was done in collaboration with Elon Musk founded aerospace company SpaceX
Market reaction:
- Shares of Intuitive Machines initially soared more than 300% following their first successful mission to the moon and are still up more than 100% since the start of the year
The intrigue:
- Intuitive Machines has also recently publicly stated are collaborating with NASA to redesign the Mars Sample Return program, which is an $11B USD project incubated by NASA aiming to successfully collect and return samples from Mars for research purposes
