The Space Investor - 🚀 Intuitive Machines To The Moon

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• The IM-1 mission caught a ride from Falcon 9 and was officially commissioned in space after establishing a stable attitude, solar charging, and radio communications contact with mission operations center in Houston, TX.
   
• The mission is LUNR's first attempted lunar landing as part of NASA’s Commercial Lunar Payload Services initiative. The payloads sent to the Moon’s surface intend to lay the foundation for human missions and a sustainable human presence on the lunar surface in the future.
   
• Check out the beautifully done, in-depth press kit for the mission.
   
• Shares had a wild trading week finishing up +47% on the back of a +33% move last week, leaving no room for failure..
   

• The Wall Street bank renewed coverage of the launch and space systems provider, with a 'Buy' rating and a $6.00 per share price target.
   
• Analyst Jason Gursky noted the recent $355M fundraising and $515M SDA contract award point to Rocket Lab having “accelerating momentum.”
   
• The prime contract award is seen as "a sign that the government has taken notice of the company's value proposition," and continued "the funding provides the liquidity necessary to fulfill its existing orders while continuing to develop new products."
   

• $IRDM
  • Revenue: $195M, flat YoY
  • Net Income: $38M vs. $(0.8)M YoY
  • Oper. EBITDA: $114M, +6% YoY
  • Billable Subscribers: 2.3M, +14% YoY
  • Shares: -13%

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