The Texas Space Commission has selected Intuitive Machines (LUNR) for a grant up to $10 million from the Space Exploration and Research Fund. This funding supports the development of an Earth reentry vehicle and orbital fabrication lab designed to enable microgravity biomanufacturing and is intended to serve as a critical risk-reduction platform for the Company’s future lunar sample return missions.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LUNR:
- Intuitive Machines Inc call volume above normal and directionally bullish
- NASA science budget to be cut nearly in half in proposal, WaPo reports
- Intuitive Machines selects SpaceX to launch its fourth lunar lander mission
- Defense Stocks Surge on Reports of Musk’s Reduced Government Role
- Intuitive Machines’ Earnings Call Highlights Growth and Challenges
