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CNBC Daily Open: The U.S. economy is humming along
  + stars: | 2024-02-23 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +1 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Historic moon landingIntuitive Machines IM-1 mission has landed on the moon, in a historic first for a U.S. company. The company's Nova-C cargo lander, named "Odysseus," is the first American spacecraft to land on the lunar surface since 1972. [PRO] 'Seven Samurai'With Japanese markets enjoying a bull run, Goldman Sachs has named "Seven Samurai" stocks in the country, which it highlighted could be to equivalent to the U.S.'s "Magnificent Seven."
Persons: Dow, Reddit, Odysseus, Goldman Sachs Organizations: CNBC, Nasdaq, Social, Securities and Exchange Commission, New York Stock Exchange Locations: U.S
Live updates: Odysseus moon landing
  + stars: | 2024-02-22 | by ( Elise Hammond | Jackie Wattles | ) edition.cnn.com   time to read: +1 min
Intuitive Machines Co-Founder, President, and CEO Steve Altemus talks about the IM-1 Lunar Lander, Nova-C, during a press event, in Houston, in October 2023. Jonathan Newton/The Washington Post/Getty ImagesIntuitive Machines is a Houston-based company just up the road from NASA's Johnson Space Center, or JSC. It's one of several private-sector companies that have been tasked by the space agency to get robotic landers to the moon as NASA works on separate plans to return its astronauts. But it was later renegotiated, and — all told — Intuitive Machines could receive up to $118 million from NASA for this mission. Its stock has been on a tear recently amid its successes in space, surging up about 80% over the past five days as of Thursday afternoon.
Persons: Steve Altemus, Jonathan Newton, Steve Atlemus, JSC Kamal Ghaffarian, Tim Crain, landers Organizations: Washington Post, NASA's Johnson Space Center, JSC, NASA, Payload Services Locations: Nova, Houston, NASA's
Tonight, a robotic spacecraft built by a Houston company will try to land safely on the moon. The lunar lander, named Odysseus, is scheduled to touch down at 6:24 p.m. Eastern time. The spacecraft launched on Feb. 15 from Florida aboard a SpaceX Falcon 9 rocket and entered orbit around the moon yesterday. The lander is also carrying 125 miniature moon sculptures made by the artist Jeff Koons. That ice could be used by astronauts who visit the moon in the future for drinking water, oxygen and to even fuel spacecraft.
Persons: Odysseus, Jeff Koons Organizations: SpaceX, NASA Locations: Houston, American, Florida
Intuitive Machines' mission, known as IM-1, aims to soft land near the moon's south pole at about 6:24 p.m. Intuitive Machines would become the first company to pull off the feat — government agencies have carried out all previous successful landings. Intuitive Machines, a Houston, Texas-based company founded in 2013, went public a year ago. After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission."
Persons: Odysseus, Aubrey Gemignani, it's, Astrobotic Organizations: Wall, SpaceX, NASA, Payload, Marshall Space, Center, U.S Locations: U.S, Houston , Texas, Pittsburgh, Japan, Russia, China, India
Called “Moon Phases,” they show 62 phases of the moon as seen from Earth, 62 phases visible from other viewpoints in space, and one lunar eclipse. Pace Verso, the NFT wing of Pace, is also offering NFTs of each sculpture, while Koons has produced larger, coinciding physical sculptures of his “Moon Phases” to remain on Earth. Koons' "Moon Phases" is visible on the lander's exterior. Intuitive Machines/APThough its arrival marks a milestone, “Moon Phases” is not the only art to touch down on the moon’s surface. But Odie has closed the chapter on a more niche space race — between Koons and the Dubai-based artist Sacha Jafri.
Persons: Odysseus, Jeff Koons, Odie, Koons, Aristotle, David Bowie, Leonardo da Vinci, Gandhi, Billie Holiday, Gabriel García Márquez, Andy Warhol, Virginia Woolf, Koons “, Pace Verso, Paul Van Hoeydonck, It’s, — Andy Warhol, Robert Rauschenberg, John Chamberlain, Claes Oldenburg, Forrest Myers, David Novros —, Sacha Jafri, Jafri, , Peregrine Organizations: CNN, SpaceX, Peregrine, Pace, Machines, Apollo Locations: American, Houston, Belgian, India, Japan, Dubai
CNN —Intuitive Machines’ IM-1 lander, also called Odysseus or “Odie,” is on the lunar surface after experiencing unexpected issues hours prior to landing. “Intuitive Machines made the decision to reassign the primary navigation sensors from Odysseus … to use the sensors on NASA’s Navigation Doppler Lidar,” according to the webcast. With its landing legs and sensors pointed toward the lunar terrain, Odysseus relied on the Lidar payload to locate a safe landing spot. The IM-1 mission comes amid a renewed international dash for the lunar surface. Odysseus passes over the near side of the moon following lunar orbit insertion on February 21.
Persons: Odie, , Steve Altemus, Odysseus, Gary Jordan, , landers, Farzin, Jeff Koons, We’re, ” Altemus, Altemus Organizations: CNN, NASA, Soviet, Columbia, Embry, Riddle Aeronautical University, Astrobotic Technology, Peregrine, Payload Services Locations: China, India, Japan, Malapert, Daytona Beach , Florida
And whatever happens during Thursday’s landing attempt, expect more companies to race toward the moon in the years ahead. NASA is looking to send astronauts to the moon in the coming years, and robotic spacecraft will go there first. For NASA, buying rides on private spacecraft to take instruments and equipment to the moon is cheaper than building its own vehicles. Some of the companies that NASA had selected to bid for CLPS missions have already gone out of business. Among other ambitious business ideas: mining the moon for helium-3 for future fusion power plants on Earth.
Persons: Peregrine Organizations: NASA, Payload Services, International Space
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntuitive Machines' Odysseus is first commercial spacecraft to land on the moonHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Brian Sullivan, Organizations: CNBC
NASA TVMuch like Intuitive Machines' spacecraft, its stock has been flying to the moon the past week. Stock Chart Icon Stock chart icon Intuitive Machines stock trading around its IM-1 moon mission. Only a handful of Wall Street analysts cover the $1 billion space company. Along with Canaccord Genuity analyst Austin Moeller, Sullivan and Sheppard were unanimous in their reads that retail, not institutional, investors are driving the current Intuitive Machines' rally. Intuitive Machines and NASA leaders showcase a mockup of the company's Nova-C lunar lander during a presentation on May 31, 2019.
Persons: It's, We've, Cantor Fitzgerald's Andres Sheppard, Sheppard, Josh Sullivan, Canaccord, Austin Moeller, Sullivan, Aubrey Gemignani, NASA Canaccord's Moeller, they'll, Moeller Organizations: NASA, Wall, CNBC, Wall Street, FactSet, Payload Locations: Texas, U.S
Intuitive Machines mission control reported that it was receiving pings from the lander, which means it touched down at about 6:24 p.m. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. Intuitive MachinesNASA has several CLPS missions scheduled over the next two years, including two more with Intuitive Machines. AdvertisementEven later this year, a different Intuitive Machines spacecraft is scheduled to head to the western edge of the moon's near side. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.
Persons: Astrobotic, Odysseus, Tim Crain, , Japan's, Trent Martin, NASA hitches, they're Organizations: Houston, NASA, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China
For the first time in a half-century, an American-built spacecraft has landed on the moon. The robotic lander was the first U.S. vehicle on the moon since Apollo 17 in 1972, the closing chapter in humanity’s astonishing achievement of sending people to the moon and bringing them all back alive. The lander, named Odysseus and a bit bigger than a telephone booth, arrived in the south polar region of the moon at 6:23 p.m. Eastern time on Thursday. The landing time came and went in silence as flight controllers waited to hear confirmation of success. Then Tim Crain, the chief technology officer of Intuitive Machines, the Houston-based company that built Odysseus, reported that a faint signal from the spacecraft had been detected.
Persons: Odysseus, Tim Crain Locations: American, U.S, Houston
The lunar lander called Odysseus or IM-1, created by Houston-based company Intuitive Machines, is barreling toward the moon. If it fails, Odysseus would become the third lunar lander to meet a fiery demise on the moon in less than a year. Russia’s first lunar lander mission in 47 years, Luna 25, failed in August 2023 when it crash-landed. Overall, more than half of all lunar landing attempts have ended in failure — tough odds for a feat humanity first pulled off nearly 60 years ago. The US remains the only country to have put humans on the lunar surface, most recently in 1972 with the Apollo 17 mission.
Persons: Odysseus, Luna, Ispace, Japan —, hasn’t, Scott Pace, George Washington, , ” Pace, Artemis, , Greg Autry, “ There’s, India’s, Jitendra Singh, Satish, Satish Baby, ” Singh, Astrobotic, Steve Altemus, it’s, Glynn Lunney, ” Autry, “ Neil, Armstrong, “ We’ve, Joel Kearns Organizations: CNN, Technology, Policy Institute, , Arizona State University’s Thunderbird School of Global Management, State for Science, Indian Space Research Organisation, Space, Getty, Economic Times, NASA, Payload Services, Johnson Space Center, AP Locations: United States, Houston, Japan, Soviet, States, China, India, Sriharikota, Andhra Pradesh, AFP, New York, Los Angeles, what's
U.S. Moon Landing: How to Watch and What to Know
  + stars: | 2024-02-21 | by ( Kenneth Chang | ) www.nytimes.com   time to read: +1 min
On Wednesday morning, a robotic lunar lander launched by a Houston company got closer to reaching the moon. If all goes well, it will become the first private spacecraft ever to make a soft landing there and the first American mission to arrive there since Apollo 17 in 1972. When is the landing and how can I watch it? Although it is a private mission, the main customer is NASA, which paid $118 million for the delivery of six instruments to the moon. NASA TV will stream coverage of the landing beginning at 4:15 p.m. on Thursday.
Persons: Odysseus Organizations: Houston, NASA
Shares of Intuitive Machines jumped for a third consecutive trading session, surpassing their post-SPAC debut price, as the company's first mission completed further milestones as it approached the moon. Intuitive Machines' stock surged as much as 65% in trading Tuesday to an intraday high of $12.05, north of the $10.03 a share price that shares traded at after the company completed its SPAC merger in February 2023. Since its inaugural moon mission launched last week, the company's share price has more than doubled. In a series of daily updates since Friday, the Texas-based lunar company said its cargo lander "continues to be in excellent health" and is preparing to enter the moon's orbit on Wednesday. The company noted that entering lunar orbit, also known as "lunar orbit insertion," will be the mission's "largest challenge to date."
Persons: Odysseus Organizations: SpaceX Locations: Texas
Relying on his ace piloting skills, Armstrong manually navigated to a safe landing site, with only 30 seconds of fuel left. NASAAfter launching early Thursday morning, the Odysseus lunar lander, or “Odie,” is on a historic journey to the moon. The mission, developed by NASA and Houston-based Intuitive Machines, will aim to land near the lunar south pole on February 22. Ocean secretsResearchers created a 3D model of the submerged stone wall as it appears on the seafloor in Germany’s Bay of Mecklenburg. They find wonder in planets beyond our solar system and discoveries from the ancient world.
Persons: CNN —, Neil Armstrong, Buzz Aldrin, Armstrong, it’s, Odie, , Jeff Koons, Artemis III, Charles Darwin, Dr, John van Wyhe, Darwin, . Hoy, J . Auer, LAKD, , Gaurav, Gaurav Ramnarayanan, Uma Ramakrishnan, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, Darwin, National University of Singapore, University of Rostock, Wildlife, National, for Biological Sciences, Space Station, CNN Space, Science Locations: United States, Houston, Germany’s Bay, Mecklenburg, Bay, Baltic, SS Arlington, Superior, Denmark, Lincoln , Nebraska, British Columbia
Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission. Shares of Intuitive Machines jumped for a second consecutive day after the company issued an update that said its moon lander mission "is in excellent health." The Texas-based lunar company launched its inaugural cargo mission, known as IM-1, on a SpaceX rocket early Thursday morning. Intuitive Machines' stock jumped as much as 30% in early trading Friday before paring gains to trade up about 16% from its previous close of $6.70 a share. Since IM-1 launched, Intuitive Machines' stock is up 75% as of Friday's trading high.
Persons: Andrew Chanin, that's, Chanin Organizations: SpaceX, CNBC, NASA Locations: Texas
Intuitive Machines' Nova-C lander launched from Florida on SpaceX's Falcon 9 rocket, beginning the IM-1 mission. Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission." After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. Last month, U.S. company Astrobotic got its first moon mission off the ground but encountered problems shortly after launch.
Persons: Paul Hennessy, Trent Martin, Odysseus, it's, Joel Kearns, Kearns, Russia —, ispace, Astrobotic, didn't Organizations: SpaceX, Kennedy Space Center, Anadolu, Getty Images, Machines, SpaceX's, NASA, Payload, Artemis, Nasdaq, Marshall Space, Center, Soviet Union —, U.S Locations: Cape Canaveral , Florida, Getty Images Texas, U.S, Florida, United States, Wednesday's, Japan, Russia, Soviet Union, China, India
The imminent launch attempt follows closely on the heels of a separate US lunar landing mission that failed in January. After burning through its fuel, the rocket will detach from Odie, leaving the lunar lander to fly solo through space. Houston-based Intuitive Machines developed the Nova-C moon lander under a NASA initiative. Packed on board the lunar lander are six NASA science and technology payloads. The device is set to pop off of the lunar lander as it approaches the surface and capture images of the vehicle’s descent.
Persons: “ Odie, , Odie, NASA’s, Stephen Altemus, NASA Odie, Astrobotic Technology’s Peregrine, Farzin Amzajerdian, Jeff Koons, we’ll, ” Altemus Organizations: CNN, NASA, SpaceX, NASA’s Kennedy Space Center, Payload Services, Langley Research, Embry, Riddle Aeronautical University Locations: Florida, Houston, Russia, Japan, China, India, Hampton , Virginia, Columbia, Daytona Beach , Florida
CAPE CANAVERAL, Fla. (AP) — Another private U.S. company took a shot at the moon Thursday, launching a month after a rival’s lunar lander missed its mark and came crashing back. NASA, the main sponsor with experiments on board, is hoping for a successful moon landing next week as it seeks to jumpstart the lunar economy ahead of astronaut missions. SpaceX’s Falcon rocket blasted off in the middle of the night from NASA’s Kennedy Space Center, dispatching Intuitive Machines’ lunar lander on its way to the moon, 230,000 miles (370,000 kilometers) away. If all goes well, a touchdown attempt would occur Feb. 22, after a day in lunar orbit. Only five countries — the U.S., Russia, China, India and Japan — have scored a lunar landing and no private business has yet done so.
Persons: NASA’s, Japan —, Steve Altemus, Astrobotic, Gene Cernan, Harrison Schmitt, let’s, Trent Martin, Jeff Koons, Embry Organizations: NASA, NASA’s Kennedy Space Center, Pacific, Columbia, Riddle, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, U.S, Russia, China, India, Japan, Houston, Antarctica, Israeli, Tokyo
A robotic lunar lander is scheduled to launch in the early morning hours of Thursday, one day after a technical glitch postponed the first launch attempt. It is also the latest private effort to send spacecraft to the moon. But the company in charge of the latest effort, Intuitive Machines of Houston, is optimistic. “I feel fairly confident that we’re going to be successful softly touching down on the moon,” said Stephen Altemus, the president and chief executive of Intuitive Machines. We’ve tested and tested and tested.
Persons: , Stephen Altemus, We’ve Organizations: Houston
It will amount to “a high-energy fastball pitch towards the moon,” as Intuitive Machines CEO Stephen Altemus put it. Once in Earth’s orbit, the lunar lander will separate from the rocket and begin venturing on its own, using an onboard engine to boost itself on a direct trajectory toward the lunar surface. Founded in 2013, Intuitive Machines will be the second of the CLPS program participants — after Astrobotic — to attempt a moon landing. If all goes according to plan, Odysseus will spend seven days operating on the moon as the lunar lander basks in the sun. Altemus estimates that Intuitive Machines has about an 80% chance of safely landing Odysseus on the moon.
Persons: Odysseus, Odie, Stephen Altemus, Peregrine, Chandan Khanna, CLPS, , Joel Kearns, Astrobotic —, Jeff Koons —, , “ We’ve, who’s, Odysseus ’, Altemus, “ It’s, ” Altemus Organizations: CNN, NASA, SpaceX, Technology, Cape Canaveral Space Force, Payload, , Columbia, United States, Peregrine Locations: United States, Cape Canaveral , Florida, Houston, Pittsburgh, Cape, China, India, Japan, British, Russia
CNN —Nowara Diab was trying to drown out the sounds of airstrikes by listening to music, but it was not enough to shake the unsettled feeling in her gut. As Israel’s war approaches its fourth month, sustained bombardment by Israeli forces in Gaza has had a devastating impact on civilians there. Conditions in Gaza are a ‘living hell’At the outset of the war, Diab watched as bombs fell near her home in Gaza City. “This is a sneak peek into hell.”Maimana Jarada, left, and Nowara Diab in Gaza before October 7. Nowara Diab at the house she is staying at in Rafah, southern Gaza.
Persons: Nowara Diab, panicking, Diab, Jarada, Abraham Saidam, ” Diab, they’re, , António Guterres, , “ I’m, it’s, , Maimana Jarada, Nowara, Abraham, Saidam, ” Saidam, King Odysseus, you’re, they’ve, Khan Younis, there’s, “ We’re, we’re Organizations: CNN, United Nations, Ministry, Israel Defense Forces, United Nations ’ Relief, Works Agency for Palestine Refugees, UN, UNICEF, Al Azhar University Locations: Rafah, Gaza, Diab, Gaza City, East
Editor’s Note: Editor’s note: Lishay Lavi’s husband Omri Miran, father of their two daughters Roni and Alma, was kidnapped by Hamas on October 7 and remains captive in Gaza. I hope that you’ll return to Roni, Alma and me. Lishay Lavi and her daughters Roni and Alma with a poster of their kidnapped husband and father Omri Miran. You told me that you love me, and then Roni tried to run to you. But do know that while some are silent, and some are hateful, many others are loud and full of love.
Persons: Lishay, Omri Miran, Roni, Alma, Moshe Lavi, Read, CNN —, Omri, , ” Roni, Lavi, Oz, Tsaci, Penelope, Odysseus Organizations: CNN, Mojo, United Nations, International Committee Locations: Gaza, Kibbutz Kramim, Nahal Oz, Kramim, Israel
Fresco from Pompeii, Italy, from the first century, showing the entry of the Trojan horse into Troy. Photo: Luisa Ricciarini/Bridgeman ImagesThe “Iliad,” a poem about war, death and suffering on the plains of Troy, has taken a back seat in recent decades to the other Homeric epic, the “Odyssey,” in some ways its sequel. Since the “Iliad” deals with raw violence and a violent fighter, Achilles, whose rage at his own commander centers its loosely organized plot, the less savage and more linear tale of Odysseus’ homecoming has seemed more in tune with the times. Modern writers and filmmakers usually turn to the “Odyssey,” not the “Iliad,” for adaptations, from James Joyce’s “Ulysses” to Uberto Pasolini’s film “The Return,” scheduled for release next year.
Persons: Fresco, Luisa Ricciarini, , Achilles, Odysseus ’, James Joyce’s, Ulysses ”, Uberto Locations: Pompeii, Italy, Troy
Ed Cassano led the team that recovered the wreckage of the Titan sub. Cassano told a press conference that ocean exploration "was a passion and a joy for exploration." Odysseus 6K was the only ROV that took part in the search effort able to reach the depths of the Titanic wreckage. He said that they had prepared to rescue the Titan sub, but it soon became clear that the passengers could not have survived the journey. "Shortly after we arrived on the seafloor, we discovered the debris of the Titan submersible," he added.
Persons: Ed Cassano, 6K, Cassano, , Hamish Harding, Dawood, Suleman, Paul, Henri Nargeolet, Paul Daly, Jasper Graham, Jones, it's, Graham Organizations: Service, Research Services, Titan, OceanGate, Stockton Rush, US Coast Guard, Canadian Press, AP, & Marine Engineering, Plymouth University Locations: British, Pakistani, French
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