Intuitive Machines shares rise 1.30% premarket after securing a $9.8 million government contract for its Orbital Transfer Vehicle.

Intuitive Machines, Inc. rose 1.30% in premarket trading, driven by the news that the company has secured a $9.8 million Phase Two government contract to advance its Orbital Transfer Vehicle through Critical Design Review. This contract expands the company's government portfolio and signals increasing demand for its in-space mobility solutions, reinforcing its strategic move to diversify its customer base and deliver orbital capabilities for commercial, civil, and national security space operations.