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Intuitive Machines Reports Second Quarter 2023 Financial Results and Announces Expected Launch of First Lunar Mission
Received launch manifest date for first lunar mission, November 15th to 20th .Completed lunar lander full assembly with expected readiness for shipment to
About this update from Intuitive Machines, Inc.
[{"type":"text","content":"Received launch manifest date for first lunar mission, November 15th to 20th .Completed lunar lander full assembly with expected readiness for shipment to Cape Canaveral, Florida, by September 15th. 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 five-year $719 million Omnibus Multi-Engineering Services (“OMES”) III contract award to deliver on-orbit services to the Joint Polar Satellite System. Validated the Company’s Nuclear in-space venture with NASA Space Technology and Mission Directorate (“STMD”) Tipping Point initiative award in July for the development of a Radioisotope Power System (“RPS”) that may enable assets to survive and operate during the lunar night. HOUSTON, Aug. 14, 2023 (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, 2023. Intuitive Machines CEO Steve Altemus said, “During the second quarter, we were laser-focused on the final assembly process in preparing IM-1 for launch. Our lunar lander is complete and will be prepared for delivery in September. The Company has secured a launch window from pad 39A, preserving a six-day launch window starting on November 15th.” Mr. Altemus continued, “Progress continues throughout the Company; we’re building the primary IM-2 structure, integrating payloads and mechanisms to the second lander; while the Company transitions into its new Lunar Production and Operations Center at the Houston Spaceport. The City of Houston and the Houston Airport System helped finance the Company’s $40 million facility, designed to support NASA’s $93 billion Artemis program and growing commercial demand for space products and infrastructure, orbital services, lunar access services, and lunar data services.” Operational Highlights Completed main engine vibration and main propulsion system acceptance testing to certify Nova-C’s, IM-1 lunar mission spacecraft flight-ready status.Completed a comprehensive spacecraft test, including an engine test firing on IM-1.Integrated NASA’s TRIDENT lunar ice drill to the IM-2 lunar lander.Completed payloa...