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Stock impact report

Intuitive Machines Reshapes Role With Lanteris Deal And Artemis II Work [Yahoo! Finance]

Intuitive Machines, Inc. - Class A (LUNR) 
Company Research Source: Yahoo! Finance
Intuitive Machines has agreed to acquire Lanteris Space Systems in a pending $800 million deal that would expand its role into vertically integrated space infrastructure. The company has also been selected by NASA to provide tracking support for the Artemis II mission, adding a high profile government program to its portfolio. These developments come as Intuitive Machines, NasdaqGM:LUNR, trades around $20.99 per share, following a 31.7% return over the past 30 days. For investors watching NasdaqGM:LUNR, the combination of the planned Lanteris Space Systems acquisition and the Artemis II tracking work marks a clear shift in what Intuitive Machines is trying to be in the space economy. The stock has returned 31.7% over the past 30 days and 17.4% year to date, while the current share price of $20.99 sits against a 1 year return of a 6.4% decline and a very large 3 year gain. The move toward broader space infrastructure and closer integration with NASA programs could influence ho Show less Read more
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