The Latest SPAC News and Rumors: July 26, 2023
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: NASA awards Intuitive Machines with $15M to develop lunar night technology
NASA Selects Intuitive Machines Team to Develop Survive the Lunar Night Technology
Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW), a leading space exploration, infrastructure, and services company, today announced NASA’s Space Technology and Mission Directorate (STMD) has awarded a $15 million Tipping Point initiative award to the Zeno Power-led team, including Intuitive Machines. The award is for the development of a Radioisotope Power System (RPS) that may enable lunar assets to survive and operate during the lunar night and in permanently shadowed regions of the Moon.
Intuitive Machines closed its business combination with Inflection Point in February.