HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- – Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has appointed James J. Frelk as Senior Vice President, Data Services, effective March 3rd. Mr. Frelk is a senior executive leader with more than 30 years of experience in national security, commercial satellites, intelligence, surveillance, reconnaissance, cyber security, artificial intelligence, and other critical ...

Core Insights - The space exploration industry is experiencing a resurgence, driven by commercial companies like SpaceX and Blue Origin, alongside NASA's Artemis program aiming for a Moon return by 2027 [1] Company Overview - Intuitive Machines specializes in lunar exploration and infrastructure, providing transportation and delivery services to the Moon [3] - The company achieved a significant milestone in 2023 with its Odysseus lunar lander successfully landing on the Moon, marking the first American-made lunar landing since 1972 [4] Recent Achievements - The lunar mission was part of NASA's Commercial Lunar Payload Services program, validating Intuitive Machines' technology and leading to major contract awards [5] - Following the successful mission, NASA awarded Intuitive Machines a $30 million contract for a lunar terrain vehicle for the Artemis V mission [6] - In August, the company secured a $116.9 million contract to deliver payloads to the Moon's south pole for water and chemical compound exploration [7] - A subsequent contract could be worth up to $4.82 billion over the next decade for deploying lunar relay satellites and providing communication services as part of NASA's Artemis campaign [8] Future Plans - The upcoming IM-2 mission is scheduled for launch around February 26, 2024, targeting the Moon's south pole with a payload for surface analysis [9] - The next mission, IM-3, is planned for 2026 [9] Investment Outlook - Intuitive Machines has seen significant technological progress and contract awards, positioning the company well for future opportunities in the growing space economy [10] - The long-term success of the company is contingent on its ability to deliver on contracts, with some projects, like the Artemis V mission, not launching until 2030 at the earliest [11] - Investors with a long-term horizon may find Intuitive Machines a compelling addition to their portfolio as the space economy expands [13]

Intuitive Machines (LUNR -12.82%) stock is getting hit with big sell-offs in Thursday's trading. The company's share price was down 12.2% at 3:30 p.m. ET. Meanwhile, the S&P 500 index had fallen 1.3% and the Nasdaq Composite index was off 2.3%.Investors are selling out of growth stocks today following Nvidia's recent fourth-quarter report, and Intuitive Machines stock has been an outsize participant in the pullback. The company's share price is likely also being pushed lower by a "buy the rumor, sell the ne ...

HOUSTON, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW)) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, has announced its IM-2 mission Nova-C class lunar lander, Athena, launched on SpaceX's Falcon 9 rocket and successfully commissioned in space, marking the first time humanity has had three lunar landers en route to the Moon at the same time. Athena established a stable attitude, solar charging, and radio communication ...

Core Viewpoint - Intuitive Machines has successfully launched its IM-2 mission with the Nova-C class lunar lander, Athena, marking a historic moment with three lunar landers en route to the Moon simultaneously [1][3]. Group 1: Mission Details - The IM-2 mission was launched on February 26, 2025, from NASA's Kennedy Space Center and established communication with the mission operations center shortly after liftoff [2][3]. - Athena is in excellent health and is preparing for main engine firings to refine its trajectory for lunar orbit insertion, scheduled for March 3, with a lunar landing opportunity expected on March 6 [2][4]. Group 2: Company Background - Intuitive Machines is a diversified space exploration company focused on disrupting lunar access economics and is part of NASA's Commercial Lunar Payload Services initiative [4][5]. - The company successfully landed its first Nova-C class lunar lander, Odysseus, on the Moon in 2024, marking the return of the United States to the lunar surface for the first time since 1972 [5].

Intuitive Machines (LUNR 7.31%) stock soared 9.9% through 12:52 p.m. ET on Wednesday -- and it isn't even 7:17 p.m. yet.Why such ultra-specific numbers? Because according to Kennedy Space Center, 7:17 p.m. is the time set for SpaceX to launch its next rocket. And on that rocket will be a Nova-C lunar lander built by Intuitive Machines, which the company plans to land on the moon. But investors today are rewarding Intuitive Machines before it's even gotten its lander off of Earth -- much less landed safely o ...

Core Viewpoint - Intuitive Machines has shown significant growth and potential in the lunar exploration sector, with its stock more than doubling over the past year following key achievements and contracts with NASA [1][3]. Company Performance - Intuitive Machines went public via a SPAC merger, initially trading at $10 and reaching a high of $81.99 shortly after [1]. - The stock faced challenges post-debut, dropping to an all-time low of $2.11 by January 2024, but a $1,000 investment at that time would now be worth nearly $9,000 [2]. Recent Achievements - The company successfully landed its first Nova-C lander, Odysseus, on February 22, 2024, marking the first U.S. moon landing since 1972, which led to four new NASA contracts [3]. - Intuitive's quarterly backlog reached a record high of $316 million in Q3 2024, with projected annual revenue increasing from $80 million in 2023 to between $215 million and $235 million in 2024 [3]. Future Catalysts - The delivery of the second lunar lander, Athena, to Cape Canaveral is set for a launch window opening no earlier than February 26, which could further boost stock performance [5]. - Partnerships, such as with Columbia Sportswear, may attract additional commercial interest and help reduce costs [6]. Revenue Projections - Analysts expect revenue to rise 57% to $360 million in 2025, with adjusted EBITDA turning positive as the company expands its contracts with NASA and other clients [7]. Valuation and Financial Health - Intuitive Machines has an enterprise value of $1.8 billion, trading at five times this year's sales, and holds nearly $90 million in cash with no debt [8][9]. - The company has increased its share count significantly but continues to maintain liquidity for its growth plans [8][9]. Market Outlook - The stock is considered speculative but is expected to rise if upcoming launches are successful and contracts increase, with declining interest rates potentially attracting more investors [9].

Core Viewpoint - Intuitive Machines Inc. (LUNR) is positioned as a significant player in the space industry, with its IM-2 mission lunar lander ready for launch, which could attract investor interest [1][2][4]. Company Performance - LUNR's stock has increased by 138.2% over the past year, outperforming the Zacks Aerospace-Defense industry, which declined by 4.3%, and the broader Zacks Aerospace sector's growth of 3.5%, as well as the S&P 500's increase of 21.8% [5]. - The company has secured key contracts and achieved milestones, enhancing its reputation in space manufacturing and lunar exploration [7]. Recent Developments - In January 2025, LUNR delivered its Athena lander to Cape Canaveral and integrated Nokia's Lunar Surface Communication System into the IM-2 mission [8]. - The company won a $4.82 billion NASA contract for near-space communication services and a $116.9 million NASA contract to deliver six science and technology payloads to the Moon's South Pole [9]. Industry Outlook - The global space economy is projected to reach $1.8 trillion by 2035, indicating strong growth prospects for Intuitive Machines driven by investments from the U.S. government and private sector [12]. - LUNR is developing its largest lander, Nova-M, expected to transport 5,000-7,500 kg of payload to the Moon, which could significantly boost revenues [13]. Financial Estimates - The Zacks Consensus Estimate for first-quarter 2025 revenues indicates a decline of 3.9% from the previous year, with downward revisions in earnings estimates reflecting analysts' declining confidence [14]. - Despite this, LUNR's 2025 earnings and revenue estimates suggest year-over-year improvement [14]. Valuation Metrics - LUNR's forward 12-month price-to-sales (P/S) ratio is 7.94X, higher than its peer group's average of 5.23X, indicating a premium valuation [17].

Core Points - Intuitive Machines announced the successful integration of its IM-2 mission lunar lander, Athena, which is now encapsulated within SpaceX's payload fairing for launch preparation [1][2] - The IM-2 mission is scheduled to launch from NASA's Kennedy Space Center on February 26, 2025, as part of NASA's Commercial Lunar Payload Services initiative [2][3] - The CEO of Intuitive Machines emphasized the historical significance of having three lunar landers en route to the Moon simultaneously, highlighting the company's commitment to a reliable cadence of lunar missions [3] Company Overview - Intuitive Machines is a diversified company focused on space exploration, infrastructure, and services, aiming to disrupt lunar access economics [5] - The company successfully landed its first Nova-C class lunar lander, Odysseus, on the Moon in 2024, marking the return of the United States to the lunar surface for the first time since 1972 [5] - Intuitive Machines operates through four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure [5]

Core Viewpoint - Intuitive Machines' stock has experienced significant volatility, with a recent decline of 26% from its peak, attributed to both market corrections and the company's decision to redeem its warrants [1][2][11]. Group 1: Stock Performance - The stock price of Intuitive Machines nearly doubled from mid-December to late January, reaching an intraday high of $24.95 on January 24, but closed at $18.40 by early February [1]. - The decline in stock price is seen as a correction following a period of irrational exuberance [2]. Group 2: Warrant Redemption - Intuitive Machines announced a warrant redemption on February 4, which allows the company to buy back warrants issued during its SPAC IPO [2][3]. - The warrants, which allow investors to purchase shares at $11.50, have become valuable as the stock price surged, but their exercise could dilute the share count [4][5]. Group 3: Financial Implications - The company originally had 22.6 million warrants outstanding, which could generate approximately $260.3 million if exercised, leading to an increase in share count to 113.9 million [9][10]. - This represents a dilution of roughly 25% from the current share count of 91.3 million, which may negatively impact investor sentiment [11]. Group 4: Future Prospects - Despite the dilution, the additional cash reserves of approximately $350 million will support Intuitive Machines in its ongoing projects, including a $4.8 billion NASA contract [11].