Why These 10 Small-Cap Stocks Are Skyrocketing

2. Intuitive Machines, Inc. (NASDAQ:LUNR)

30-day Return as of January 16, 2024: 48%

Intuitive Machines, Inc. (NASDAQ:LUNR) returned slightly over 48% in the past 30 days, going from $12.93 to $19.81 on January 16, 2024.

LUNR is a space exploration company based in Houston, Texas. Founded in 2013, Intuitive Machines, Inc. (NASDAQ:LUNR) is now among the rapidly growing companies in the industry. Its focus is on disrupting lunar access economics.

On January 7, the company completed its final lunar lander installation, thus marking Nokia’s cellular network as ready. The two companies have come together to deploy the first cellular network on the moon, an incredible update contributing to its popularity in the market.

Previously, in December, LUNR also secured additional contracts from NASA’s Near Space Network for direct-to-Earth services. The update enhanced LUNR’s position as a prominent partner in NASA’s projects to the moon, marketing LUNR as an emerging leader in space exploration.