S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

New lunar rover in the works as NASA moon mission advances

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Rover alone, looking north, on the west edge of Mount Hadley is at upper right edge of picture, the most distant lunar feature visible is about 25 kilometers away, Aug. 1971. Goodyear is teaming with Lockheed Martin on the development of a vehicle planned for use on the moon, providing airless tires for the project. This isn't Goodyear's first venture into space, as it supplied essential products for NASA's Apollo program, including the Apollo 11 mission. (AP Photo, File)

A new lunar rover is under development by Lockheed Martin and Goodyear as NASA gears up for a return to the moon.

Unlike the rover first used during the Apollo 15 mission in 1971, built to last only a few days and for short trips, the new lunar vehicle is being built for extended use. And this time, it's not just for NASA.

“We’re developing this new generation of lunar mobility vehicle to be available to NASA and for commercial companies and even other space agencies to support science and human exploration,” said Kirk Shireman, vice president of Lunar Exploration at Lockheed Martin. "This approach exemplifies NASA’s desire for industry to take the lead with commercial efforts that enable the agency to be one of many customers.”

Neil Armstrong became the first person to step onto the moon’s surface on this day in 1969 as part of the Apollo 11 mission.

Goodyear, which was also involved in NASA’s Apollo missions, will employ the airless tire technology it uses here for autonomous shuttles and other passenger vehicles. Lockheed Martin, based in Fort Worth, Texas, has worked with NASA for more than 50 years, including NASA’s Orion exploration-class spaceship for Artemis and numerous Mars planetary spacecraft.

The lunar vehicles will need to withstand extreme conditions on the moon's surface, where temperatures drop to -250 degrees Fahrenheit (-156.67 degrees Celsius) at night and rise to over 250 degrees Fahrenheit (121.11 degrees Celsius) during the day.

Aside from Goodyear, based in Akron, Ohio, and Lockheed Martin, MDA of Canada will provide its commercial robotic arm technology for the vehicles.

The companies anticipate having their first vehicle on the moon's surface at the same time as NASA's mission, planned for 2025.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Lockheed Martin (LMT)
4.5383 of 5 stars
$464.14+1.8%2.71%16.85Hold$487.70
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