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Intuitive Machines, the venture-backed startup that went public last year, will send a moon lander to the lunar south pole in 2027 as part of a $116.9 million contract awarded by NASA on Thursday.

Along with the separate sale of another Wood subsidiary, CEC Controls, the group stands to make a total of $165m amid ongoing efforts to improve its profitability and share price performance.

Intuitive Machines will use its Nova-C lander for the CLPS task order awarded by NASA Aug. 29. Credit: Intuitive Machines WASHINGTON — NASA has selected Intuitive Machines to deliver a set of ...

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Wood has hit the half-way stage in efforts to turn around the engineering giant's fortunes with the sale of two businesses for $165 million (£125m). The group, which is seeking to persuade ...

The result is a precise, durable engraving. Selecting the right laser engraving machine is critical. Fiber lasers are the most common choice for metal engraving due to their efficiency and precision.

The move comes as Wood mounts a turnaround effort and has faced pressure to put itself up for sale, or move its listing from London to New York. It also follows the recent collapse of a takeover ...