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Intuitive Machines(LUNR) - 2025 Q2 - Earnings Call Presentation

Financial Highlights - The company reported revenue of $50.3 million in Q2 2025, a 21% year-over-year increase[64,69] - The company's backlog as of June 30, 2025, was $256.9 million, also a 21% year-over-year increase[65,74] - The company ended Q2 with a cash balance of $344.9 million[68,77] - The company's operating loss in Q2 2025 was $28.6 million, and adjusted EBITDA was a loss of $25.4 million[71] - Full-year 2025 revenue is projected to be near the low-end of prior outlook, with additional opportunities in the latter part of the year that supports revenue near the prior mid-point of $275 million[82] Strategic Initiatives - The company was awarded a $9.8 million contract from a national security customer to advance the Orbital Transfer Vehicle[13,43,64] - The company is continuing development of a stealth nuclear-powered satellite for AFRL, with a follow-on contract anticipated later this year[13,44] - The company signed a definitive agreement to acquire KinetX Inc for $30 million to expand capabilities in satellite constellation design and ground operations[13,37] - The company formalized a strategic partnership with Goonhilly Earth Station to explore new global opportunities for ground segment data transmission[13,38] Infrastructure and Missions - The company is expanding its Houston Spaceport headquarters with a new 116,000-square-foot facility and a 16,500-square-foot spacecraft development and production space[24,28,29] - The company is aligning the IM-3 mission with satellite readiness, now targeting the second half of 2026[34]