Rocket Lab and Intuitive Machines Rise on NASA Contracts and New Tech
Rocket Lab (RKLB) and Intuitive Machines (LUNR) saw significant stock increases due to NASA contracts, new technology developments, and strategic acquisitions. Rocket Lab reported 36% YoY revenue growth and a $1.85B backlog, while Intuitive Machines secured a $180.4M NASA lunar mission contract and has a $943M backlog.
Topics: CEO salary reduction Intuitive Machines NASA contracts Rocket Lab space sector stock performance