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Astrobotic and Intuitive Machines are planning launches of their first lunar landers in early 2023.
NASA procured a flight for Lunar Flashlight as a secondary payload on Intuitive Machines’ IM-1 mission and later moved it to the ispace launch when IM-1 slipped to March 2023.
The MPR-1 rover is slated to launch by 2025 as a payload on an Intuitive Machines lander to the south polar regions of the moon.
Lunar Trailblazer will launch in mid-2023 as a secondary payload on a Falcon 9 launching the IM-2 lunar lander by Intuitive Machines.
Intuitive Machines postponed the Falcon 9 launch of its IM-1 mission to early 2023.
Intuitive Machines announced on 2022-09-16 that it will go public through a merger with Inflection Point Acquisition Corp., a SPAC listed on the Nasdaq.
Intuitive Machines expected to launch its first Nova-C lander mission IM-1 in early 2023 on a Falcon 9.
Intuitive Machines and Inflection Point Acquisition Corp. have signed a definitive business combination agreement to take Intuitive Machines public.
Intuitive Machines reported a contract backlog of $188,000,000 as of September 2022, the majority of which is with the federal government.
Intuitive Machines forecasted annual revenue of $102,000,000 for 2022 and $291,000,000 for 2023.
The combined company secured $55,000,000 of committed capital from entities affiliated with Inflection Point’s sponsor and from a founder of Intuitive Machines.
The merger deal includes $55,000,000 in secured capital separate from the SPAC holdings provided by the SPAC’s sponsor and a founder of Intuitive Machines.
The merged Intuitive Machines and Inflection Point Acquisition Corp. would have a pro forma enterprise value of $815,000,000.
Intuitive Machines recorded $73,000,000 in revenue in 2021.
Intuitive Machines projects $759,000,000 in revenue in 2024 from lunar lander revenue supplemented by lunar data services and other new products and services, including a potential entry into the in-space servicing market.
Intuitive Machines’ first NASA Commercial Lunar Payload Services mission, IM-1, is scheduled to launch in early 2023.
Intuitive Machines is developing a satellite network to provide communications around the Moon.
Intuitive Machines estimates $102,000,000 in revenue for 2022.
Neither Intuitive Machines nor Impulse Space raised their bids at the auction, resulting in Astrobotic winning the auction.
At the auction, Intuitive Machines offered $2,725,000 for a SpaceX launch credit that is valued at $14,000,000 and limited to companies holding NASA Commercial Lunar Payload Services contracts.