Intuitive Machines, Inc. · NASDAQ:LUNR
Intuitive Machines — Investor Presentation (December 2024)
30 slides from Intuitive Machines's investor presentation, December 2024
Slide 1: Investor Presentation December 2024
INTUITIVE MACHINES INVESTOR PRESENTATION DECEMBER 2024
Slide 2: Offering and forward-looking statements notice
This presentation (and oral statements made regarding the subjects of this presentation) relates to a proposed public offering of our securities, is being furnished solely for the purpose of considering this offering, and should be read together with our registration statement on Form S-3 (the “Regi
Slide 3: Forward-looking statements, non-GAAP, trademarks, images
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 should not be relied upon as representing
Slide 4: Presenters: Steve Altemus and Pete McGrath
Steve Altemus Pete McGrath Co-Founder, President & Chief Senior Vice President & Executive Officer Chief Financial Officer
Slide 5: Agenda
1. Introduction to Intuitive Machines 2. Market Opportunity 3. Recent Contract Wins 4. Financial Highlights
Slide 6: Providing space infrastructure and services to commercialize the Solar System
TBU We provide the diverse space infrastructure and services required to commercialize the Solar System, guided by the Moon as our North Star. Replace with 3 min video To be the global leader in sustainable space infrastructure and services, enabling humanity’s space exploration and commerce goals.
Slide 7: Providing space infrastructure and services to commercialize the Solar System
We provide the diverse space infrastructure and services required to commercialize the Solar System, guided by the Moon as our North Star. To be the global leader in sustainable space infrastructure and services, enabling humanity’s space exploration and commerce goals.
Slide 8: Introduction to Intuitive Machines
INTRODUCTION TO INTUITIVE MACHINES
Slide 9: Business Highlights
BUSINESS HIGHLIGHTS First commercial company Successfully landed Nova-C class lunar lander, on the Moon, marking the to successfully land and $204M United States’ first lunar landing in over 50 Years since Apollo 17 transmit scientific data Trailing 12 Months from the moon Thru Q3’24 Revenue A first
Slide 10: Space infrastructure and services for the Moon and beyond
Transportation and delivery of payloads Collection, processing, and Space assets performing tasks and (satellites, scientific instruments, cargo) interpretation of space-based data making decisions without human to various destinations in space intervention Services: rideshare delivery and Applicati
Slide 11: Nova-C & D Shared Technology Implemented In Every Vehicle
IM-1 IM-2 IM-3 IM-4 Class: Nova-C Class: Nova-C Class: Nova-C Class: Nova-C Payload: 130 kg Payload: 130 kg Payload: 130 kg Payload: 80 kg Status: Complete Status: In Status: In Production Status: In Production Feb 24 Production Mission: 4Q25/1Q26 Mission: 4Q27 Mission: 1Q25 COM-1 Class: Comm Nova-D
Slide 12: IM-1 mission accomplishments
Delivery Services • 1st Commercial Company to Land on the Moon • 1st firing of LOx/LCH4 Engine in Space • Landed 9.9° from the South Pole of the Moon Data Transmission Services • Validated Company-owned Space Data Network • Downlinked 1.7GB total data • Returned 550MB of Data & Analysis from the Lun
Slide 13: Nova-C and Nova-D landers
Nova-C Discovery-class Nova-D Cargo-class Capacity: 130kg Capacity: 500-2500 kg Contracted: IM-1, IM-2, IM-3, IM-4 Contracted Development Requiring Nova-D Fission Surface Power | Lunar Terrain Vehicle Services This document and the information disclosed within, including the document structure and c
Slide 14: Commercial data transmission ground network and satellite constellation
Completed Commercial Data Communications Satellite Completed Lunar Data Transmission Ground Deployments Starting on IM-3 Transmission Constellation Network in 2024 Note: IM does not own the satellites pictured. IM is contracted with these satellites.
Slide 15: Landed on the Moon and completed 167 hours of autonomous operations
Landed on the Moon and Data & Analysis completed 167 Hours of Autonomously Operating Constellation-created Lunar Autonomous Operations Lunar Surface Systems(1) GPS & Prospecting IM-1 in 2024 (1) Mock image is for illustrative purposes only and does not depict the actual lunar terrain vehicle.
Slide 16: Facilities Enabling Capability & Growth
5 Facilities Enabling Capability & Growth • Houston HQ: Opened in 2023, 110,000 square foot facility – IT center and lunar production & operations hub • Flame Range: 4,000 square foot elevated risk test & propulsion development center • Operations Support: 23,000 square foot operations and support c
Slide 17: Highly qualified team with deep expertise in the space industry
Steve Altemus Dr. Tim Crain Peter McGrath Anna Jones Co-Founder, President, Chief Executive Officer Co-Founder, Chief Growth Officer SVP & Chief Financial Officer General Counsel & Corporate Secretary Trent Martin Jack “2 Fish” Fischer Steve Vontur Steve Labbe Jade Marcantel SVP of Space Systems SVP
Slide 18: Market Opportunity
MARKET OPPORTUNITY
Slide 19: Capitalizing on momentum to outpace the competition
Capitalizing on momentum to outpace the competition National Space Council ✓ Space Leaders with Moon Focus Geopolitical / policy alignment Office of Space Commerce ✓ New tools for U.S. to Compete Reduced Defense Space Policy Barriers ✓ Defend the High Ground ✓ Set the Norms Market Push Reduced Barri
Slide 20: Three core markets representing about $1.4 trillion opportunity
Delivery Data Transmission Infrastructure as a Service Intuitive Machines Remains Well Positioned to Disrupt Three Core Markets Representing a Core Market Opportunity of about $1.4 Trillion Source: Northern Sky Research in 2023. Note: Dollar amount of each segment represents aggregate expected reven
Slide 21: NASA programs driving lunar demand
Science Space Space Technology Communication and Human exploration Commercial Lunar Payload Services (CLPS) Tipping Point Navigation Artemis Near Space Network Services Disruptive pricing for Disruptive pricing for Driving orbit surface resupply, logistics and payload delivery payload delivery infra
Slide 22: Recent Contract Wins
INTUITIVE MACHINES RECENT CONTRACT WINS
Slide 23: NSN – $4.82B Contract
NSN – $4.82B Contract In September, 2024, NASA awarded Intuitive Machines a Near Space Network contract for communication and navigation services for missions in the near space region, which extends from Earth’s surface to beyond the Moon. The contract has a base period of five years with an additio
Slide 24: CLPS (CP-22) – $116.9M Contract
CLPS (CP-22) – $116.9M Contract In August, 2024, IM was awarded a $116.9M task order by NASA through its Commercial Lunar Payload Services (CLPS) program. IM will deliver a set of six science and technology payloads to the south polar region of the moon. This award will leverage Intuitive Machines’
Slide 25: OMES III – $719M / 5 Year Contract
OMES III – $719M(1) / 5 Year Contract On August 10, 2023, IM was awarded the Omnibus Multidiscipline Engineering Services (“OMES”) III Contract, which includes a NASA mission to perform a satellite life extension mission for LANDSAT-7. Space Network Solutions, LLC*, an IM JV, will act as prime missi
Slide 26: Awarded Lunar Terrain Vehicle Services Contract
Awarded Lunar Terrain Vehicle Services Contract Total Program Value ~$4.6B(1) Across Two Phases of Awards Phase One: LTVS Feasibility Assessment(2) • Awarded to Intuitive Machines as prime contractor April 3, 2024 • One-year contract to reach program design review • Includes design development of th
Slide 27: Financials Highlights
Slide 28: Recent awards, liquidity and record backlog
Awarded Near Space Network (“NSN”) data relay services Contract for up to $4.82B Awarded $116.9M CLPS (CP-22) contract by NASA to deliver six science and technology payloads IM-2 mission to launch in February 2025 | IM-3 mission in late 2025 through early 2026 - Finalized the IM-2 mission landing re
Slide 29: Backlog, revenue, cash balance and operating profit
Expect backlog expansion driven by key potential upcoming awards such as Near Space Network 1.2 / 1.3 Direct to Earth, LTVS Phase 2, among others along with task orders for OMES and NSN Ending Backlog* Revenue Record Backlog $316 $269 $204 $202 $73 $87 $80 $44 2022A 2023A Q3'24A 2020A 2021A 2022A 20
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