HOUSTON, July 18, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, has finalized the IM-2 mission landing region ahead of its sold-out IM-2 mission. Intuitive Machines has $3+ billion in upcoming award decisions across its established capabilities, which include delivery, command control and communications, and autonomous operations. The awards include the Commercial Lunar Payload Se ...

HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW))) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, has qualified the VR900 engine for its IM-2 lunar mission, which also advances the development of the Company's VR3500 engine for larger cargo class landers. Intuitive Machines is completing a $30 million Lunar Terrain Vehicle Services Feasibility Assessment as the prime contractor. The contract tasks the Company's g ...

Earlier this week, I suggested three space stocks that have gotten cheap enough after their SPAC-frenzy IPOs to be worth buying today. It seems someone on Wall Street was paying attention. What's up with that? This morning, shares of one of my three space stock picks, lunar lander specialist Intuitive Machines (LUNR -6.89%), surged 12% on a new buy recommendation from investment bank B. Riley. The stock has turned around and resumed falling again, however, and as of 12:20 p.m. ET is now down 4% from Thursda ...

HOUSTON, June 25, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company, announced today that the City of Houston will proclaim July 20, 2024, as 'Intuitive Machines Day' in recognition of the successful IM-1 lunar landing on February 22, 2024. This historic achievement marked the first U.S. lunar landing since 1972, aligning symbolically with the anniversary of the Apollo 11 Moon landing on July 20, 1969. ...

This question popped into my mind last year as I watched shares of SPAC-sponsored space companies crater in price. Boosted by low interest rates and lots of free government stimulus money handed out during the pandemic, multiple space stocks with big dreams but tiny (or no) profits went "to the moon." But as the money dried up and the dreams toned down, share prices followed. 1. Intuitive Machines At today's valuation, I see the stock having a lot of potential, and not much risk -- assuming it can raise eno ...

Intuitive Machines, Inc. (LUNR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. The ...

HOUSTON, May 30, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW))) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, today announced its prestigious inclusion in TIME's 100 Most Influential Companies list. This annual list, now in its fourth year, is a testament to the extraordinary impact companies are making globally, and Intuitive Machines stands out as a unique contributor to this landscape. The selection follows Intuitive Machi ...

In February, following the landing of Intuitive Machine's Odysseus Lunar Lander, I pointed out that engineering, scientific, commercial and investing success are different things. The share price development has shown this extremely well, with the stock prices being cut by a third since the successful landing, even though the company received contract funds that were tied to mission success. In this report, I will be discussing the most recent results and highlight the opportunities in Intuitive Machines, I ...

Intuitive Machines is looking to help reshape the Mars Sample Return mission architecture with its own technology, based on architecture it has been developing for the moon, executives told investors during a quarterly earnings call Tuesday. “Intuitive Machines has engaged the agency and intends to provide a solution set based on technology architecture we have been developing for lunar material return,” Intuitive Machines CEO Steve Altemus said. The Mars Sample Return (MSR) program is the agency’s $11 bill ...

Company Participants Operator Beyond our first of three planned lunar missions, the April 3rd announcement of Intuitive Machines Lunar Terrain Vehicle Services Award moves us beyond the delivery of science and discovery payloads and onto heavier cargo delivery and surface systems development and operations. The LTV delivery system, the rover design itself, and both the autonomous and crewed operations represent the first critical piece of infrastructure for the Artemis campaign. For Intuitive Machines, the ...