Intuitive Machines Stock Tumbles With Fate of Moon Lander Unclear
Intuitive Machine Shares (lunr) fell Thursday in the uncertainty of its Athena Lander attempt to be in the status of today’s Moon’s surface.
The intuitive machine and NASA ended the live broadcast of Athena’s lunar landing Thursday afternoon due to confusion about the status of the lander. Intuitive Machine CEO Stephen Altemus reportedly said the vehicle successfully landed on the moon and transferred data to Earth, but the company’s scientists are still figuring out its location and whether it is upright. He said the lander is generating power, but not enough to run all its functions.
The second moon land try intuitive machine
Thursday’s mission was the second attempt of an intuitive machine to land on the moon. Its lander, Odysseus February 2024. However, the landing did not go as planned – the craft was unable to do some planned work soon after the landing.
The task of an intuitive machine is Funded by NASAArtemis Moon Exploration Program. Athena is carrying NASA technology, which aims to collect soil samples to analyze resources with water or other resources to produce fuel or oxygen.
Intuitive Machine Shares It fell by more than 20% as investors waited for the latest news on their landing. The stock is lower in a wide range of stocks Sell Before landing. The stock has lost 38% of its value so far this year.