Slide 1: Second Quarter 2023 Investor Update
second quarter 2023 investor update August 14, 2023 1
Slide 2: Today's Presenters
today’s presenters Steve Altemus Erik Sallee CO-FOUNDER, PRESIDENT & CHIEF CHIEF FINANCIAL OFFICER EXECUTIVE OFFICER 2
Slide 3: Disclaimer and Forward Looking Statements
disclaimer and forward looking statements This presentation (and oral statement made regarding the subjects of this presentation) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements that do not relate to matte
Slide 4: Disclaimer and Forward Looking Statements
disclaimer and forward looking statements These forward-looking statements are based on information available as of the date of this presentation and current expectations, forecasts, and assumptions, and involve a number of judgments, risks, and uncertainties. Accordingly, forward-looking statements
Slide 5: Agenda
AGENDA 1 COMPANY OVERVIEW 2 SECOND QUARTER 2023 HIGHLIGHTS 3 FINANCIAL RESULTS 4 Q&A 5
Slide 6: Section 01: Company Overview
SECTION 01 COMPANY OVERVIEW 6
Slide 7: Company Overview
COMPANY OVERVIEW EST. 2013 INTUITIVE MACHINES IS A DIVERSIFIED SPACE COMPANY FOCUSED ON SPACE EXPLORATION. INTUITIVE MACHINES SUPPLIES SPACE PRODUCTS AND SERVICES TO SUPPORT SUSTAINED ROBOTIC AND HUMAN EXPLORATION TO THE MOON, MARS, AND BEYOND. Lunar Access Services Orbital Services - IM WILL UTILIZ
Slide 8: Section 02: Second Quarter 2023 Highlights
SECTION 02 SECOND QUARTER 2023 HIGHLIGHTS 8
Slide 9: Key Accomplishments: IM-1 Mission
KEY ACCOMPLISHMENTS: IM-1 MISSION IM-1: Q2 EXECUTION SECURES LAUNCH DATE Spacecraft Test Run IM-1 Flight Engine Complete Vibration Complete RECEIVED LAUNCH * MANIFEST DATE FOR IM-1, NOV 15 - 20 IM-1 Flight Engine IM-1 Final Assembly and Acceptance Complete Integration Complete *Expected launch date
Slide 10: IM-2 Accomplishments
IM-2 ACCOMPLISHMENTS Awarded $719M OMES III Contract* Integrated NASA’s PRIME-1 Drill for Completed IM-2 LTE/4G Rover Completed Internal Build of First Lunar Second Lunar Mission, IM-2 Deployment Mechanism Rocket-Fueled Drone - Micro Nova 10
Slide 11: Nuclear Awards and Proposals
NUCLEAR AWARDS AND PROPOSALS Awarded $719M OMES III Contract* Awarded NASA Tipping Point to Air Force Research Laboratory JETSON Briefed Department of Energy and NASA Develop Survive the Lunar Night Proposal for Nuclear Satellite Positioning Mid-Point Design Cycle - Expected $4.5 Technology and Mane
Slide 12: Diversifying Business Capture: $3B in Proposals
DIVERSIFYING BUSINESS CAPTURE: $3B IN PROPOSALS FUTURE SUBMITTED $3 BILLION IN PROPOSALS AWARDED FISSION SURFACE POWER: DOE/NASA LUNAR TERRAIN VEHICLE TIPPING POINT TO DEVELOP SURVIVE THE SERVICES PROPOSAL SUBMITTED: NASA LUNAR NIGHT TECHNOLOGY: NASA CLPS CP-22 NOVEMBER 2023: NASA JETSON NUCLEAR SPA
Slide 13: Section 03: Financial Results
SECTION 03 FINANCIAL RESULTS 13
Slide 14: Second Quarter 2023 Revenue
SECOND QUARTER 2023 REVENUE QUARTER-ON-QUARTER QUARTER-ON-QUARTER REVENUE OPERATING LOSS $20 $0 $(2.2)M $(13.2)M $19.2M $18.0M $15 $(5) $10 $(10) $5 $0 $(15) Q2 2022 Q2 2023 Q2 2022 Q2 2023 - Ended Q2 2023 with a contracted backlog* of $137.3 million - $18.0M in revenue in the second quarter of 2023
Slide 15: Section 04
section 04 15