Intuitive Machines (LUNR) stock surged 5.11% during Wednesday's trading session.
The significant intraday gain follows the company's announcement that it has been selected by the U.S. Space Force for the Andromeda Indefinite Delivery/Indefinite Quantity (IDIQ) pact. This contract award represents a major business development, likely fueling investor optimism about the company's future revenue potential and its standing in the aerospace and defense sector.
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