Articles from Intuitive Machines, LLC

Intuitive Machines Prices Upsized $110.0 Million Offering of Shares of its Class A Common Stock and Concurrent Private Placement
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 the Offering, the Company and a selling stockholder granted the underwriters a 30-day option to purchase up to an additional 1,275,714 and 152,857 shares of Class A Common Stock from the Company and such selling stockholder, respectively. The Offering is expected to close on December 5, 2024, subject to customary closing conditions.
By Intuitive Machines, LLC · Via GlobeNewswire · December 3, 2024
Intuitive Machines Announces Launch of Public Offering of its Class A Common Stock and Concurrent Private Placement
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 underwriters a 30-day option to purchase up to an additional $8,872,500 and $877,500 of shares of Class A Common Stock from the Company and such selling stockholder, respectively. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
By Intuitive Machines, LLC · Via GlobeNewswire · December 3, 2024
Intuitive Machines and Johns Hopkins APL Partner to Advance Safe, Secure, and Reliable Lunar Infrastructure
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. Cislunar space encompasses the region of space that extends from Earth’s gravitational influence to the Moon’s surface, including its orbit out to over 2 million kilometers distance.
By Intuitive Machines, LLC · Via GlobeNewswire · November 21, 2024
Intuitive Machines Reports Third Quarter 2024 Results
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.
By Intuitive Machines, LLC · Via GlobeNewswire · November 14, 2024
Intuitive Machines Announces Date for Third Quarter 2024 Financial Results Conference Call
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.
By Intuitive Machines, LLC · Via GlobeNewswire · November 1, 2024
NASA Awards Intuitive Machines Near Space Network Contract with a Maximum Potential Value of $4.82 Billion
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.
By Intuitive Machines, LLC · Via GlobeNewswire · September 17, 2024
Intuitive Machines Announces Key Leadership Appointments
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 transition from serving as the Company’s Interim Chief Financial Officer to Chief Accounting Officer and Controller, and Jack Fischer will transition to Senior Vice President, Production and Operations.
By Intuitive Machines, LLC · Via GlobeNewswire · September 9, 2024
Intuitive Machines Strengthens Lunar Service Capabilities with $116.9 million NASA Lunar Contract Award
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 transmission, and autonomous operation capabilities to explore the region targeted for sustained human operations.
By Intuitive Machines, LLC · Via GlobeNewswire · August 29, 2024
Intuitive Machines Reports Second Quarter 2024 Financial Results; Raises Low-end of 2024 Revenue Outlook
HOUSTON, Aug. 13, 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 second quarter ended June 30, 2024.
By Intuitive Machines, LLC · Via GlobeNewswire · August 13, 2024
SEOPS and Intuitive Machines Partner to Provide New Lunar Rideshare Services
SEOPS offerings enabled by Intuitive Machines delivery include integration, deployment, and orbital transfer vehicle solutions for payload delivery beyond low Earth orbit, including to the surface of the Moon, geostationary transfer orbit, and Lagrange points
By Intuitive Machines, LLC · Via GlobeNewswire · August 5, 2024
Intuitive Machines Announces Date for Second Quarter 2024 Financial Results Conference Call
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.
By Intuitive Machines, LLC · Via GlobeNewswire · July 31, 2024
Intuitive Machines Finalizes Landing Site for Sold-out IM-2 Lunar Prospecting Mission
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.
By Intuitive Machines, LLC · Via GlobeNewswire · July 18, 2024
Intuitive Machines IM-2 Engine Qualification Advances Cargo Class Lander Development
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 larger cargo class landers.
By Intuitive Machines, LLC · Via GlobeNewswire · July 16, 2024
Intuitive Machines Honored by City of Houston; Texas Aerospace Research and Space Economy Consortium - Texas Space Commission Appointment
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, aligning symbolically with the anniversary of the Apollo 11 Moon landing on July 20, 1969.
By Intuitive Machines, LLC · Via GlobeNewswire · June 25, 2024
Intuitive Machines Named to Time’s List of the TIME100 Most Influential Companies
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 out as a unique contributor to this landscape.
By Intuitive Machines, LLC · Via GlobeNewswire · May 30, 2024
Intuitive Machines Reports First Quarter 2024 Financial Results; Provides 2024 Revenue Outlook
HOUSTON, May 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 first quarter ended March 31, 2024.
By Intuitive Machines, LLC · Via GlobeNewswire · May 14, 2024
Intuitive Machines Announces Date for First Quarter 2024 Financial Results Conference Call
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.
By Intuitive Machines, LLC · Via GlobeNewswire · May 1, 2024
Intuitive Machines-led Moon RACER Team Awarded NASA Lunar Terrain Vehicle Contract to Support the Agency’s Artemis Campaign
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 to develop and deploy a Lunar Terrain Vehicle (“LTV”) on the Moon using Intuitive Machines’ Nova-D cargo-class lunar lander. The first phase award marks the Company’s entrance into human spaceflight operations within NASA’s $4.6 billion LTV Services project.
By Intuitive Machines, LLC · Via GlobeNewswire · April 3, 2024
Intuitive Machines Reports Fourth Quarter and Full Year 2023 Financial Results
HOUSTON, March 21, 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 fourth quarter and full year ended December 31, 2023.
By Intuitive Machines, LLC · Via GlobeNewswire · March 21, 2024
Intuitive Machines Announces Date for Fourth Quarter and Full-Year 2023 Financial Results Conference Call
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.
By Intuitive Machines, LLC · Via GlobeNewswire · March 5, 2024
Intuitive Machines Historic IM-1 Mission Success: American Ingenuity Never Gives Up
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.
By Intuitive Machines, LLC · Via GlobeNewswire · February 29, 2024
NASA, Intuitive Machines to Discuss Moon Mission, Science Successes
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.
By Intuitive Machines, LLC · Via GlobeNewswire · February 27, 2024
IM-1 Mission Nova-C Lunar Lander Successfully Enroute to the Moon Following its Launch on SpaceX’s Falcon 9
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 space by establishing a stable attitude, solar charging, and radio communications contact with the Company’s mission operations center in Houston.
By Intuitive Machines, LLC · Via GlobeNewswire · February 15, 2024
Intuitive Machines and SpaceX Complete Successful IM-1 Test Campaign
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 complete.
By Intuitive Machines, LLC · Via GlobeNewswire · February 12, 2024
Intuitive Machines Lunar Lander Encapsulated and Scheduled for Launch
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 payload fairing in preparation for launch.
By Intuitive Machines, LLC · Via GlobeNewswire · February 5, 2024