Intuitive Machines (NASDAQ:LUNR) stock fans will want to mark their calendars for Jan. 12, 2024 as the company prepares for a major catalyst.
That date marks the opening of a window for the liftoff of the company’s IM-1 lunar mission. The multi-day launch window gives the company’s partner, SpaceX, time to ensure good conditions for the launch of the company’s lunar mission.
Investors will note that this mission will be the first attempt by Intuitive Machines to land on the moon. This follows the completion of its lunar lander in September. The company is launching this mission under NASA’s Commercial Lunar Payload Services, which is part of its Artemis lunar exploration plans.
Steve Altemus, co-founder, President and CEO of Intuitive Machines, said the following about the news:
“There are inherent challenges of lunar missions; schedule changes and mission adjustments are a natural consequence of pioneering lunar exploration. Receiving a launch window and the required approvals to fly is a remarkable achievement, and the schedule adjustment is a small price to pay for making history.”
How This Affects LUNR Stock
Investors are excited about the prospect of the company completing a lunar mission next year. That has its shares already rising 5.2% as of Monday morning. If it all goes well on Jan. 12, it could result in LUNR stock seeing even greater gains as it reaps the rewards of its hard work.
Investors looking for more of the hottest stock market news today are in the right place!
InvestorPlace is home to all of the biggest stock market stories worth reading about on Monday! Among that is what’s happening with shares of Medicenna Therapeutics (NASDAQ:MDNA), Nuvve (NASDAQ:NVVE) and Conduit Pharmaceuticals (NASDAQ:CDT) stock today. All of that news is ready to go down below!
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On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
