Intuitive Machines, Inc. (NASDAQ:LUNR) shares are trading lower Thursday after the company’s Athena lander reportedly faced technical issues during its lunar landing attempt.
What To Know: The Athena lander, part of NASA’s Commercial Lunar Payload Services initiative, aimed to touch down approximately 100 miles from the lunar south pole. However, telemetry indicated that the lander’s engine was still running past the scheduled landing time, suggesting it was hovering above the surface. Intuitive Machines later issued a brief confirmation that Athena is on the lunar surface …