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Intuitive Machines aims to expand its space infrastructure services from Low Earth Orbit to Geostationary Orbit and beyond the Moon to Mars.
Intuitive Machines reported a net loss of $10 million and a negative adjusted EBITDA of $13.2 million for the third quarter of 2025.
Intuitive Machines and Lanteris combined have revenue of more than $850 million, positive adjusted EBITDA, and a backlog of $920 million as of the end of September.
Intuitive Machines, Inc. has received an $8.2 million contract extension from the U.S. Air Force Research Laboratory’s Space Vehicles Directorate to develop next-generation nuclear power systems for spacecraft and lunar infrastructure.
Intuitive Machines successfully completed a Preliminary Design Review in September for the Stirling-based power conversion system.
Intuitive Machines develops lunar landers and went public on the Nasdaq in February 2023.
The IM-2 lunar lander mission by Intuitive Machines is scheduled to launch no earlier than February 2025.
Intuitive Machines’ IM-2 mission is scheduled for launch in February and is taking a direct route to the moon with a landing planned about a week after launch, which could result in operations that overlap temporally with Blue Ghost.
The first lunar data relay satellite for Intuitive Machines’ communications network will launch as a secondary payload on the IM-3 mission, with two more relay satellites launching with IM-4 and two final satellites launching on later unspecified missions.
In 2024, Intuitive Machines became the first commercial company to land and operate on the lunar surface.
The task order CP-22 award to Intuitive Machines is the fourth task order the company has received under the CLPS contract, more than any other company on the CLPS contract.
Intuitive Machines is in the final assembly phase of its second lunar mission and is scheduled to deliver the completed lander to the launch facility in late 2024.
Nokia plans to deploy the first cellular network on the Moon as part of Intuitive Machines’ IM-2 mission, which is scheduled to be delivered to the launch site in 2024.
Lunar Trailblazer is scheduled to launch late 2024 as a rideshare on the second Intuitive Machines lander.
Intuitive Machines is developing a third Nova-C lander, IM-3, with a planned launch in 2025.
Intuitive Machines had a net loss of $14,000,000 in the first quarter of 2023.
Intuitive Machines submitted the lowest overall price at $1,692,000,000 and received a mission suitability score of 724 out of 1,000.
Intuitive Machines received a task order worth $30,000,000 related to the LTV Services contract feasibility phase.
Intuitive Machines had an operating loss of $5,500,000 in 2022.
Intuitive Machines reported an operating loss of $56,200,000 in 2023 on $75,500,000 in revenue.