Intuitive Machines(LUNR)
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Intuitive Machines(LUNR) - 2023 Q3 - Earnings Call Presentation
2023-11-16 04:44
today's presenters 2 3 4 5 | --- | --- | --- | --- | --- | --- | --- | --- | |------------|-------|-------|-------|-------|-----------------------|-------|-------| | | | | | | | | | | | | | | | | | | | SECTION 01 | 14,5 | | | | LUNAR ACCESS SERVICES | | | NASA PRIME-1 Drill Suite Integrated to the Lander Structure investor update November 13, 2023 Third Quarter 2023 Steve Altemus CO-FOUNDER, PRESIDENT & CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER Erik Sallee | --- ...
Intuitive Machines(LUNR) - 2023 Q3 - Quarterly Report
2023-11-13 21:06
Table of Contents FORM 10-Q ____________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-40823 ____________________________ INTUITIVE MACHINES, INC. (Exact name of registrant as specified in its charter) ____________________ ...
Intuitive Machines(LUNR) - 2023 Q2 - Earnings Call Presentation
2023-08-16 18:01
20 TH 15 SECTION 04 1 today's presenters 2 3 4 AGENDA SECTION 01 6- 7 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. - IM WILL UTILIZE ITS PROPRIETARILY DEVELOPED LUNAR LANDER VEHICLE TO SERVICE CLPS CONTRACTS TO FLY NASA SCIENTIFIC EQUIPMENT TO THE LUNAR SURFACE AND SUPPORT EXPERIMENTS - 3 MISSIONS CONTRACTED TO DATE - IM WILL OPERATE MIS ...
Intuitive Machines(LUNR) - 2023 Q2 - Earnings Call Transcript
2023-08-16 14:16
Intuitive Machines Inc. (NASDAQ:LUNR) Q2 2023 Results Conference Call August 14, 2023 4:30 PM ET Company Participants Josh Marshall - IR Stephen Altemus - CEO Erik Sallee - CFO Conference Call Participants Suji Desilva - Roth MKM Austin Moeller - Canaccord Genuity Laura Li - Deutsche Bank Andres Sheppard - Cantor Fitzgerald Operator Ladies and gentlemen, greetings, and welcome to the Intuitive Machines Second Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is be ...
Intuitive Machines(LUNR) - 2023 Q2 - Quarterly Report
2023-08-14 20:08
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ____________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-40823 ____________________________ INTUITIVE MACHINES, INC. (Exact n ...
Intuitive Machines(LUNR) - 2023 Q1 - Earnings Call Presentation
2023-07-14 18:57
| --- | --- | --- | --- | --- | --- | |--------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | First quarter 2023 | | | | | | 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 matters of historical fact should be cons ...
Intuitive Machines(LUNR) - 2023 Q1 - Quarterly Report
2023-05-15 12:43
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ____________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-40823 ____________________________ INTUITIVE MACHINES, INC. (Exact ...
Intuitive Machines(LUNR) - 2023 Q1 - Earnings Call Transcript
2023-05-12 03:30
Financial Data and Key Metrics Changes - The company reported an operating loss of $14 million in Q1 2023, compared to a $4.5 million operating loss in the same quarter last year, primarily due to public company readiness costs and impacts from the launch schedule update [5] - Revenue for Q1 2023 was $18.2 million, slightly down from $18.5 million in Q1 2022, with the majority coming from Lunar Access Services [63] - The company ended the quarter with a contracted backlog of $161.1 million, with $107.7 million expected to convert to revenue over the remainder of the year [43] Business Line Data and Key Metrics Changes - Lunar Data Services is being commercialized beyond internal usage, supporting three NASA contracted lunar missions [1] - The Space Products and Infrastructure business unit is making strides in contracted work and future opportunities, including propulsion systems and lunar mobility vehicles [3] - The Orbital Services business unit received its largest single contract award to date, a five-year $719 million contract from NASA [40] Market Data and Key Metrics Changes - The company is well-positioned to benefit from increased Defense Department funding for cislunar activities, which is expected to drive demand for commercial services in the next five-plus years [35] - The Near Space Network Services contract is anticipated to be awarded in Q3 2023, with expectations of three awards, each potentially worth around $1 billion [2][17] Company Strategy and Development Direction - The company is focused on establishing lunar infrastructure and commerce, with plans to increase the frequency and complexity of missions over time [52] - The construction of a new Lunar Production and Operations Center is underway, financed by a $40 million project in partnership with the City of Houston [4] - The company aims to maintain its lead in Lunar Communication Data Relay Satellites and Position Navigation and Timing to stay ahead of competition [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the value of their proposal for the OMES contract, despite a recent protest that may delay the start of the contract by up to 100 days [6] - The company expects revenue generation to be stronger in the second half of the year, aligning with historical trends in the aerospace and defense industry [65] - The guidance for 2023 revenue is projected to be between $174 million and $268 million, with gross margins expected to range from 5% to 18% [45] Other Important Information - The company has a strong cash position, ending Q1 2023 with a cash balance of $46.8 million, which does not include an additional $13.6 million received from warrant exercises in April [88] - The company is focused on capital efficiency and will allocate capital to high-risk adjusted returns [64] Q&A Session Summary Question: Are there any remaining preflight milestones for IM1? - Management confirmed significant progress has been made, including structural testing and cryogenic loading tests, with expectations to be at the launch pad by mid to late Q3 [94] Question: Can you discuss the OMES contract protest? - Management indicated high confidence in their proposal, noting that less than 10% of such protests are overturned, and they expect the award to stand [70] Question: How will cash burn be managed through the year? - Management stated they will manage operations to achieve results and can throttle cash burn based on revenue outcomes [76] Question: What is the expected revenue breakout for OMES? - Revenue from OMES is expected to be fairly linear after the program starts, with several significant events shaping the financial outcome for the year [97] Question: How is the company tracking against contract win rate assumptions? - Management reported a 50% win rate in Q1, which is above the previously baked-in assumption of 40% [109]
Intuitive Machines(LUNR) - 2022 Q4 - Annual Report
2023-03-31 00:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40823 Intuitive Machines, Inc. (Exact name of Registrant as specified in its Charter) | Delaware | 36-5056189 | | --- | --- | | (Sta ...
Intuitive Machines(LUNR) - 2022 Q2 - Quarterly Report
2022-08-12 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to INFLECTION POINT ACQUISITION CORP. (Exact name of registrant as specified in its charter) Cayman Islands 001-40823 N/A (State or other jurisdiction of incorpor ...