Tag: lunar economy
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Voyager Technologies to Acquire Astrobotic in Deal Valued at Up to $300 Million
Voyager Technologies has agreed to acquire lunar exploration company Astrobotic Technology in a transaction valued at up to approximately $300 million, as the space infrastructure company seeks to expand its role in supporting future lunar missions and long-term Moon operations. The deal, which is expected to close by early July 2026 pending regulatory approvals, will…
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KeyBanc Sets $27 Target for Intuitive Machines Stock
Why Did KeyBanc Boost Intuitive Machines Target Price 35%? KeyBanc Capital Markets raised its price target for Intuitive Machines (NASDAQ: LUNR) to $27 per share, representing a 35% increase from the previous $20 target. The investment bank maintained its “Overweight” rating, citing accelerating revenue diversification beyond NASA’s Commercial Lunar Payload Services (CLPS) program and stronger-than-expected…
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A long-shot plan to mine the Moon comes a little closer to reality
Look, no one said building a large harvester to roam around the Moon and sift through hundreds of tons of regolith to retrieve small amounts of helium-3 would be easy. And that’s to say nothing of the enormous challenge of processing and then launching any of this material from the lunar surface before finally landing…
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Athena landed in a dark crater where the temperature was minus 280° F
The Athena spacecraft was not exactly flying blind as it approached the lunar surface one week ago. The software on board did a credible job of recognizing nearby craters, even with elongated shadows over the terrain. However, the lander’s altimeter had failed. So while Athena knew where it was relative to the surface of the…