HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Today Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) and Nokia (NYSE: NOK, Euronext: NOKIA) announced the successful final integration of Nokia’s Lunar Surface Communication System (“LSCS”) into the IM-2 mission lander, named Athena. Athena and the LSCS will... Read More

HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a space exploration, infrastructure, and services company, has secured additional contracts from NASA’s Near Space Network (“NSN”) for Direct-to-Earth (“DTE”) services. These contracts further position Intuitive Machines as a vital partner in supporting NASA’s missions to the Moon, and beyond.... Read More

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today the pricing of an upsized offering of 9,523,810 shares of its Class A common stock (“Class A Common Stock”) at a price to the public of $10.50 per share (the “Public Offering Price”) (the “Offering”). As part of... Read More

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today that it has commenced an underwritten public offering of $65.0 million of shares of its Class A common stock (“Class A Common Stock”) (the “Offering”). The Company and a selling stockholder intend to grant the... Read More

HOUSTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has announced it has entered into a Cooperation Agreement with the Johns Hopkins University Applied Physics Laboratory (“APL”) to advance safe, secure, and reliable lunar communications and navigation infrastructure in cislunar space.... Read More

HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space exploration, infrastructure, and services company, today announced its financial results for the third quarter ended September 30, 2024. Intuitive Machines CEO Steve Altemus said, “Intuitive Machines had a very strong third quarter highlighted by key wins, revenue growth, and the largest... Read More

HOUSTON, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the third quarter of 2024 on Thursday, November 14, 2024, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results. To participate in the call, please... Read More

HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, today announced NASA has awarded the Company a Near Space Network (“NSN”) contract for communication and navigation services for missions in the near space region, which extends from Earth’s surface to beyond the Moon. This... Read More

HOUSTON, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, announced that effective September 16, 2024, Pete McGrath will transition from his current role of Senior Vice President, Chief Operating Officer into the role of Senior Vice President and Chief Financial Officer. Steven Vontur will... Read More

HOUSTON, Aug. 29, 2024 (GLOBE NEWSWIRE) -- NASA has awarded Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, a $116.9 million contract to deliver six science and technology payloads, including one European Space Agency-led drill suite to the Moon’s South Pole. This award will leverage Intuitive Machines’ lunar delivery, data... Read More

Achieved $41.4 million of revenue in Q2, up 130% YoY; $114.5 million year to date, more than all of 2023 Raised low-end of full-year 2024 revenue outlook to $210 - $240 million, resulting in 2.6x - 3x prior year sales Q2 ending cash balance and milestone payments on existing contracts expected to be sufficient to fund operations through the next 12 months Currently zero debt on the balance sheet; paid down $5 million debt in... Read More

HOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) -- SEOPS, a leading provider of responsive space mission services and Intuitive Machines , Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”), a leading space exploration, infrastructure, and services company, announced today that they have entered into a launch services agreement. Under the agreement, Intuitive Machines will provide rideshare delivery services to SEOPS as it expands... Read More

HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the second quarter of 2024 on Tuesday, August 13, 2024, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results. To participate in the call, please... Read More

HOUSTON, July 18, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc . (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has finalized the IM-2 mission landing region ahead of its sold-out IM-2 mission. The IM-2 mission is designed to prospect for water ice and other volatiles on the Moon’s south pole, which requires a landing site that supports the... Read More

HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has qualified the VR900 engine for its IM-2 lunar mission, which also advances the development of the Company’s VR3500 engine for... Read More

HOUSTON, June 25, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today that the City of Houston will proclaim July 20, 2024, as ‘Intuitive Machines Day’ in recognition of the successful IM-1 lunar landing on February 22, 2024. This historic achievement marked the first U.S. lunar landing since 1972,... Read More

HOUSTON, May 30, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, today announced its prestigious inclusion in TIME’s 100 Most Influential Companies list. This annual list, now in its fourth year, is a testament to the extraordinary impact companies are making globally, and Intuitive Machines stands... Read More

Delivered NASA and commercial payloads to the Moon further south than any vehicle in history, marking the United States’ first lunar landing in over 50 years, on February 22, 2024 Achieved record revenues in the quarter; $73.1 million, an increase of over 300% versus prior year Continued positive gross margin momentum; $12.2 million in the quarter driven by IM-1 mission success milestone payments from NASA and commercial... Read More

HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the first quarter of 2024 on Tuesday, May 14, 2024, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results. Participants may access the call at... Read More

HOUSTON, April 03, 2024 (GLOBE NEWSWIRE) -- NASA has awarded Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) $30 million as a prime contractor to complete a Lunar Terrain Vehicle Services Feasibility Assessment. The contract tasks the Company’s global team with creating a feasibility roadmap... Read More

Delivered NASA and commercial payloads to the moon further south than any vehicle in history, marking the United States’ first lunar landing in over 50 years, on February 22, 2024 Supported by the FY 2024 NASA budget passed on March 8, 2024, Intuitive Machines contracts for CLPS and OMES III, as well as key future Artemis campaign contracts NSNS and LTVS were fully funded Validated the performance of the Company’s... Read More

HOUSTON, March 05, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the fourth quarter and full-year of 2023 on Thursday, March 21, 2024, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results. Participants may access... Read More

HOUSTON, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, today announced the completion of science and data transmission for all NASA and commercial payloads onboard Odysseus, the Nova-C class lunar lander, after the successful February 22 soft landing on the south pole region of the Moon.... Read More

HOUSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, today announced that the Company will participate in a news conference with NASA at the Johnson Space Center in Houston on February 28, 2024 at 2:00 pm ET to discuss the Company’s historic lunar mission. The IM-1 Mission to the Moon is... Read More

HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has announced its IM-1 mission Nova-C class lunar lander has launched on SpaceX’s Falcon 9 rocket and successfully commissioned in... Read More

HOUSTON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, and SpaceX have analyzed the data from the lunar lander fueling tests for the IM-1 mission and determined the testing campaign is... Read More

HOUSTON, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, announced its IM-1 mission Nova-C class lunar lander completed all integration milestones and is safely encapsulated within SpaceX’s... Read More

HOUSTON, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today that it has entered into a warrant exercise agreement with an existing accredited investor to exercise in full an outstanding Series B Common Stock Purchase Warrant to purchase up to an aggregate of 4,705,883 shares of... Read More

HOUSTON, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”, “Company” or “IM”), a leading space exploration, infrastructure, and services company, is preparing to follow its historic initial public offering year with a strategic focus on new partnerships, continued business growth, and key organizational and leadership changes. Intuitive Machines is pleased to announce a... Read More

HOUSTON, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, announced in coordination with SpaceX, launch of the Company’s IM-1 lunar mission is now targeted for a multi-day launch window that opens no earlier than mid-February 2024. The updated window comes after unfavorable weather conditions... Read More

HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has announced the successful delivery of its IM-1 mission Nova-C lunar lander to Cape Canaveral, Florida. “Reaching this tremendous... Read More

Secured multi-day launch window for first lunar mission, beginning January 12, 2024 Selected by an International Space Agency in November for a $16.8 million contract to provide lunar rover services - the largest international award to date as the Company expands its global partnerships Diversified customer base with the first significant Department of Defense, Air Force Research Laboratory (“AFRL”) $9.5 million Joint Energy... Read More

HOUSTON, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) today announced the Air Force Research Laboratory Space Vehicles Directorate (AFRL/RV), within the U.S. Department of Defense, has awarded Intuitive Machines, a leading space exploration and infrastructure company, the Joint Energy Technology Supplying On-Orbit Nuclear Power (JETSON) Low-power Mission... Read More

HOUSTON, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has announced that in coordination with SpaceX, liftoff of the IM-1 lunar mission is now targeted for a multi-day launch window which... Read More

HOUSTON, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the third quarter of 2023 on Monday, November 13, 2023, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results. Participants may access the call at... Read More

HOUSTON, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, today opened its Lunar Production and Operations Center. Located at the Houston Spaceport in Houston, Texas, the Intuitive Machines... Read More

HOUSTON, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc . (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space exploration, infrastructure, and services company, today announced it has entered into a definitive securities purchase agreement with a certain institutional investor for the issuance and sale of stock and warrants in exchange for a $20 million equity investment. The agreement is... Read More

Received launch manifest date for first lunar mission, November 15 th to 20 th . Completed lunar lander full assembly with expected readiness for shipment to Cape Canaveral, Florida, by September 15 th . Submitted more than $3 billion in proposals since the first quarter, including diverse product lines across the Department of Defense, Department of Energy, and NASA. Started internal transition execution for NASA’s... Read More

HOUSTON , Aug. 14, 2023 /PRNewswire/ -- KBR (NYSE: KBR) is pleased to announce NASA's award to the Space & Technology Solutions team, a KBR joint venture with Intuitive Machines (Nasdaq: LUNR, LUNRW), to provide multidisciplinary engineering for some of NASA's most critical space orbital systems in its Applied Engineering and Technology Directorate at Goddard Space Flight Center (GSFC) in Maryland . The Government... Read More

HOUSTON, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) or the (“Company”), a leading space exploration, infrastructure, and services company, welcomes the recent U.S. Government Accountability Office’s (“GAO”) decision affirming NASA’s thorough evaluation of the OMES III proposals, resulting in the award of the five-year contract to Space & Technology Solutions, the... Read More

HOUSTON, July 27, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the second quarter of 2023 on Monday, August 14, 2023, after the market closes. Following the news release, the Company will host a conference call the same day at 4:30 pm ET to discuss the results. Participants may access the call at... Read More

HOUSTON, July 25, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) or the (“Company”), a leading space exploration, infrastructure, and services company, today announced NASA’s Space Technology and Mission Directorate (STMD) has awarded a $15 million Tipping Point initiative award to the Zeno Power-led team, including Intuitive Machines. The award is for the development of a... Read More

HOUSTON, July 13, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) or the (“Company”), a leading space exploration, infrastructure, and services company, has successfully conducted a complete spacecraft test run of its Nova-C lunar lander – a significant technical achievement in... Read More

HOUSTON, June 23, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) or the (“Company”), a leading space exploration, infrastructure, and services company, today announced Nicole Seligman is joining its Board of Directors. Ms. Seligman's distinguished career has included senior leadership roles in global public companies, and she brings extensive business and corporate governance... Read More

Ended the quarter with contracted backlog of $156.1 million, $107.7 million of which is expected to convert to revenue over the remainder of the year. Quarter end cash balance of $46.8 million with an additional $13.6 million of cash received in April from additional warrant exercises Lunar lander, Nova-C completed all structural tests, a propellant load demonstration, and a full duration mission sequence test paving the way... Read More

HOUSTON, April 28, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the first quarter of 2023 on Thursday, May 11, 2023, after the market closes. Following the news release, the Company will host a conference call the same day at 4:30 pm ET to discuss the results. Participants may access the call at... Read More

HOUSTON, April 18, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), today announced The National Aeronautics and Space Administration (“NASA”) awarded Space & Technology Solutions, the DBA for Space Networks Solutions LLC, a joint venture led by Intuitive Machines with KBR (NYSE: KBR), a cost-plus-fixed-fee indefinite-delivery, indefinite-quantity contract meant... Read More

HOUSTON, March 16, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, today announced that its lunar lander, Nova-C has completed all structural testing, paving the way for the Company’s first... Read More

HOUSTON, March 12, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, today announced that the Company’s Chief Financial Officer, Erik Sallee, will attend the 35 th Annual Roth Conference (the “Conference”) from March 12 to 14, 2023 at The Ritz-Carlton, Laguna Niguel located in Dana Point,... Read More