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Intuitive Machines Secures $180M NASA Lunar Contract, Stock Surges 14%

Intuitive Machines Secures $180M NASA Lunar Contract, Stock Surges 14%

Author:

Global Cryptocurrency

Published:

2026-03-26 03:43:02

20

1

BTCCSquare news:

Intuitive Machines (LUNR) shares rebounded sharply after NASA awarded a $180.4 million contract for lunar payload delivery to the Moon’s South Pole. The deal, part of NASA’s Commercial Lunar Payload Services (CLPS) program, includes seven science payloads and collaboration with Blue Origin’s Honeybee Robotics.

Analysts remain bullish, with Cantor Fitzgerald maintaining a Buy rating and $26 price target. Nearly 90% of covering analysts recommend the stock—well above the S&P 500’s average buy-rate of 55-60%.

The rally followed a 12% drop triggered by NASA’s Gateway program pause, underscoring the market’s sensitivity to space sector developments. 'This contract reaffirms the lunar economy’s viability,' noted one trader.

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