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Intuitive Machines estimated an EBITDA loss of $14,000,000 for 2022, an EBITDA loss of $46,000,000 for 2023, and expected to break even on EBITDA in 2024.
Intuitive Machines is working with its stakeholders to implement the IM-1 landing site change.
Intuitive Machines projected $102,000,000 in revenue for 2022, up from $73,000,000 recorded in 2021, in its September 2022 investor presentation.
Inflection Point and Intuitive Machines had arranged an additional $55,000,000 in investment from the SPAC’s sponsors and an Intuitive Machines founder as part of the merger financing.
Intuitive Machines will shift the landing site of its first mission, IM-1, to the lunar South Pole Region to support NASA’s priority objectives.
NASA is still in the procurement process regarding Intuitive Machines’ revised IM-1 landing site and has not completed the contract modification regarding that site change.
Intuitive Machines won a CLPS task order for the IM-1 mission in May 2019 that was originally valued at $77,000,000.
On 2023-02-06, Intuitive Machines moved the planned landing site for its IM-1 lander mission to the south polar region of the Moon.
Intuitive Machines worked with NASA to identify a new IM-1 landing site to support the Artemis lunar exploration campaign.
Intuitive Machines will shift the landing site of its IM-1 mission to the lunar South Pole Region to support NASA’s priority objectives.
Intuitive Machines is working with stakeholders to implement a landing site change for the IM-1 mission.
The spacecraft is scheduled to launch in late 2023 with Intuitive Machines using a SpaceX Falcon 9 rocket.
The first Commercial Lunar Payload Services missions by Astrobotic and Intuitive Machines are scheduled to launch in 2023 carrying NASA payloads to the surface of the Moon.
AstroForge schedules the Brokkr-2 launch for October 2023 while Intuitive Machines describes the launch as planned for the second half of 2023.
Brokkr-2 will launch as a secondary payload on IM-2, the second lunar lander mission by Intuitive Machines, on a Falcon 9.
The AstroForge spacecraft is scheduled to launch in late 2023 with Intuitive Machines on a SpaceX Falcon 9 rocket.
The IM-3 mission is funded through commercial customers and Intuitive Machines’ third awarded task order from NASA’s Commercial Lunar Payload Services initiative.
AAC Clyde Space delivered power systems to Intuitive Machines’ IM-1 and IM-2 missions, both part of NASA’s Commercial Lunar Payload Services initiative.
AAC Clyde Space received a $850,000 order for subsystems to support the IM-3 mission to the Moon led by Intuitive Machines.
The $850,000 order is the third order AAC Clyde Space has received for Intuitive Machines’ lunar landing missions.