| 👁 Image | |
| 👁 Image Lunar Operations Facility at Houston Spaceport | |
| Company type | Public |
|---|---|
| Nasdaq: LUNR | |
| Industry | Aerospace |
| Founded | 2013; 13 years ago (2013) |
| Founders |
|
| Headquarters | Houston, Texas , U.S. |
Key people | |
| Products | Lunar lander, Mission Control Center, Ground stations, additive manufacturing |
| Revenue | 292 millions $ (2025) |
Number of employees | 400[3] (2024) |
| Website | intuitivemachines.com |
Intuitive Machines, Inc. is an American space exploration company headquartered in Houston, Texas. It was founded in 2013 by Stephen Altemus, Kam Ghaffarian, and Tim Crain,[4] to provide commercial and government exploration of the Moon. Today the company offers lunar surface access for transportation and payload delivery, data transmission services, and infrastructure-as-a-service.[not verified in body] NASA has awarded Intuitive Machines five lunar surface delivery task orders through its Commercial Lunar Payload Services (CLPS) initiative. In 2021 Northrop Grumman announced they would team with Lunar Outpost, Intuitive Machines and Michelin to design a Lunar Terrain Vehicle.[5]
Intuitive Machines, LLC, went public in February 2023 after merging with Inflection Point Acquisition Corp., a special-purpose acquisition company. The company is incorporated in Delaware, and trades on the Nasdaq under the ticker symbol, LUNR.[6]
Intuitive Machines' Lunar Payload Delivery Services (LPDS) program seeks to open commercial access to the Moon. NASA selected Intuitive Machines' LPDS program for four lunar missions. In February 2024, Intuitive Machines' Odysseus lander experienced a soft but unstable landing on the lunar surface, ultimately tipping over and receiving minimal data from payloads before entirely losing communications.[7] Despite not meeting many mission objectives, Odysseus is the first American spacecraft to land on the surface of the Moon since the Apollo Program,[8] and the mission is considered a partial success by most industry experts.[9][not verified in body] The next Intuitive Machines' lunar mission (IM-2 and the Athena lander) in March 2025 suffered the same fate as its predecessor, tipping over due to problems with the lander's laser altimeter.[10]
History
[edit]This section needs expansion with: a more complete outline of the company history, from founding through SPAC-merger and beyond, based in independent, third-part sources. You can help by adding missing information. (March 2025) |
Intuitive Machines, Inc. was founded in 2013 by Stephen Altemus, Kam Ghaffarian, and Tim Crain,[4] to provide commercial and government exploration of the Moon.[citation needed] It is incorporated in Delaware,[11] and headquartered in Houston, Texas.[12]
Intuitive Machines merged with the special-purpose acquisition company (SPAC) Inflection Point Acquisition Corp. (IPAX) to become a publicly held company, a transaction that was completed on February 14, 2023,[13][14][15] and its stock began trading on the Nasdaq that day.[16][17]
On November 4, 2025, Intuitive Machines announced that it would buy Lanteris Space Systems from Advent International in a transaction worth $800 million.[18]
Company overview
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Intuitive Machines provides infrastructure as a service and is the catalyst for growing a lunar economy by using three pillars of commercialization:[19] Transportation and delivery of payloads (satellites, scientific instruments, cargo), including rideshare delivery and lunar surface access;[20] collection, processing, and interpretation of space-based data, through command, control, communications, reconnaissance, and prospecting;[21] and infrastructure on the lunar surface, including space assets to perform tasks and make decisions without human intervention.[22] These functions may include navigation, maintenance, scientific data collection, and system health monitoring.[citation needed]
Nova-C
[edit]In November 2018, IM was selected by NASA as one of nine companies to bid on the Commercial Lunar Payload Services program (CLPS).[23] Their lander, Nova-C, was NASA CLPS first mission of the program, focused on the exploration and use of natural resources of the Moon.[24]
On May 31, 2019, NASA announced it had awarded Intuitive Machines $77 million to build and launch their Nova-C Moon lander.[25][26][27][12]
On April 13, 2020, IM, under contract to carry NASA science instruments to the Moon on a robotic spacecraft,[28] said that its first lunar mission would target a deep, narrow valley named Vallis Schröteri.[citation needed] The mission objective was to place the Nova-C lander at crater Malapert A, near the south pole of the Moon.[29]
Missions
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IM-1
[edit]An Intuitive Machines contract with NASA[clarification needed] covered transportation to and operations on the Moon, for five NASA science instruments and several commercial payloads (including Columbia Sportswear[30]).[citation needed] The company launched its first mission based on the contract, with one of its Nova-C class landers spending seven days travelling to the Moon.[when?][citation needed] On February 22, 2024, Intuitive Machines' Odysseus lander experienced a hard landing on the lunar surface, ultimately tipping over and receiving minimal data from paylaods before entirely losing communications.[7] Despite the failure to meet many mission objectives, Odysseus is considered the first American spacecraft to land on the surface of the Moon since the Apollo Program. The lander survived for six days total.[31]
The Odysseus lander fell on its side when landing, but its instruments remained partially functional (albeit with a reduced downlink capacity), so the mission was judged a success by Intuitive Machines and the sponsoring customer, NASA.[32][citation needed]
IM-2
[edit]IM-2 Athena was launched on February 27, 2025,[33] carrying Micro-Nova Gracie and other rovers and payloads.[citation needed] This mission is designed to validate water hunting infrastructure (e.g., via its drill), and essential mobility services like its Micro-Nova hopper; the hopper is designed to deploy off the lander and prospect by hopping[clarification needed] across the lunar surface.[citation needed] IM-2 Athena has completed its propulsion system's hot fire test, the most complex integrated test of the lander thus far.[citation needed]
The Athena lander achieved soft landing on March 6, 2025, but landed on its side, precluding recharging and deployment of payloads.[34] Operations concluded March 7, 2025,[35] less than 13 hours after the hard landing.[31] On March 13, Intuitive Machines shared that, like on the IM-1 mission, the Athena's altimeter had failed during landing, leaving its onboard computer without an accurate altitude reading. As a result, the spacecraft struck a plateau, tipped over, and skidded across the lunar surface, rolling once or twice before settling inside a crater. The company's CEO compared it to a baseball player sliding into a base. The impact also kicked up regolith that coated the solar panels in dust, further degrading their performance.[36]
IM-3
[edit]The third lunar delivery mission is undergoing integrated vibration testing with an anticipated mission window in early 2026.[37][38][39] This planned mission is designed to deploy the first of five data relay satellites under a Near Space Network Services contract.[39]
IM-4
[edit]The fourth surface delivery mission will also deliver IM's next two data relay satellites.[40][41] This south pole mission includes six NASA CLPS payloads. Among those, the Prospect drill suite (led by the European Space Agency) will search for water ice.[42]
IM-5
[edit]The first surface delivery mission to use the larger Nova-D lander, the fifth mission will deliver significantly more cargo then previous missions which used the Nova-C lander. The Lunar south pole mission targeting Mons Malapert will noticeably carry two lunar rovers, the Australian Space Agency’s Roo-ver, and Honeybee Robotic's Lunar Rover.[43]
NSNS
[edit]Intuitive Machines became the sole awardee for the Near Space Network Services (NSNS) relay services contract in September 2024.[44][45] Relay services would assist communications and navigation for Moon-based missions.[45] Launch of the first relay services satellite is planned for IM-3, and two more are planned for launch with IM-4.[46]
Joint venture with KBR
[edit]In April 2023, Space Networks Solution,[47] a joint venture of Intuitive Machines and KBR, was awarded a five year contract worth up to $719 million to support NASA's Joint Polar Satellite System.[48][49]
SPAC merger
[edit]In September 2022, Intuitive Machines announced that it would merge into special-purpose acquisition company (SPAC) Inflection Point Acquisition Corp. (IPAX) and incorporate as a publicly held company. The transaction was approved by IPAX's shareholders on February 8, 2023, and the business combination was completed six days later.[14][15]
The stock of the newly named Intuitive Machines, Inc., began trading on the Nasdaq exchange on February 14, 2023.[16][17]
Project Morpheus heritage and evolution
[edit]Project Morpheus was a NASA project that in 2010 began to develop a landing test vehicle similar to the IM Nova-C. Tim Crain had worked on the project and later became the CTO of Intuitive Machines. In an interview with NASA recorded in October 2023, Crain mentioned the possible development of a Nova-D lander.[50][51]
See also
[edit]References
[edit]- ^ a b "2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 25, 2024.
- ^ Doughty, Nate. "Intuitive Machines to cut dozens of jobs at NASA Goddard Space Flight Center". www.bizjournals.com.
- ^ Coldewey, Devin (November 11, 2024). "Intuitive Machines CEO: 'We now have the platform for a lunar economy'". TechCrunch. Retrieved March 15, 2025.
- ^ a b Tracxn Staff (February 28, 2025). "Intuitive Machines Founders and Board of Directors". Tracxn.com. Bengaluru, India: Tracxn Technologies Limited. Retrieved March 2, 2025.
Intuitive Machines has 3 founders. They are Stephen Altemus... Kam Ghaffarian... Tim Crain...
- ^ "Northrop Grumman Announces Team for NASA's Next-Generation Lunar Terrain Vehicle". news.northropgrumman.com. November 16, 2021. Archived from the original on November 16, 2021. Retrieved December 3, 2021.
- ^ Nasdaq Staff (March 2, 2025). "Intuitive Machines, Inc. Class A Common Stock (LUNR)". NASDAQ.com. Retrieved March 2, 2025.
- ^ a b Lederer, Susan. “NASA: Intuitive Machines 1 (Odysseus).” NASA Space Science Data Coordinated Archive, NASA Johnson Space Center, 2024, nssdc.gsfc.nasa.gov/nmc/spacecraft/display.action?id=IM-1-NOVA.
- ^ Wattles, Jackie; Hammond, Elise (February 22, 2024). "Odysseus becomes first US spacecraft to land on moon in over 50 years". CNN. Retrieved May 19, 2025.
- ^ Odysseus Lunar Lander Makes History, Then Tips Over. February 29, 2024. Retrieved May 19, 2025 – via www.voanews.com.
- ^ "Intuitive Machines' CEO points to issues that prevented upright touchdown during IM-2 Moon landing – Spaceflight Now". Retrieved May 19, 2025.
- ^ "EDGAR Entity Landing Page". www.sec.gov. Retrieved March 13, 2025.
- ^ a b Stuckey, Alex (October 20, 2019). "Houston Based Company Headed to the Moon in 2021". HoustonChronicle.com. Retrieved September 24, 2024.
- ^ Intuitive Machines Staff (February 13, 2023). "Inflection Point Acquisition Corp. and Intuitive Machines, LLC Announce Closing of Business Combination; Intuitive Machines, Inc. to Trade on Nasdaq Under Ticker Symbols 'LUNR' and 'LUNRW'". BusinesWire.com (Press release). Retrieved March 2, 2025. For the same announcement at the IntuitiveMachines.com website, see this link, access date as above.
- ^ a b Sheetz, Michael (September 16, 2022). "Lunar tech company Intuitive Machines to go public via SPAC at close to $1 billion valuation". CNBC.
- ^ a b Ramkumar, Amrith. "Space Exploration Startup Intuitive Machines Reaches $1 Billion SPAC Merger Company that provides exploration infrastructure and data hopes to ride a boom in space missions". The Wall Street Journal. Retrieved October 23, 2024.
- ^ a b Foust, Jeff (February 13, 2023). "Intuitive Machines completes SPAC merger". SpaceNews. Archived from the original on February 23, 2024. Retrieved February 16, 2023.
- ^ a b Cooper, Naomi (February 14, 2023). "Intuitive Machines Completes SPAC Merger, Aims to Gain Foothold in Space Exploration Market". GovConWire. Archived from the original on February 16, 2023. Retrieved February 16, 2023.
- ^ "Intuitive Machines to broaden space business with $800 million deal for Lanteris". Reuters. November 4, 2025.
- ^ Altemus, Steve; Vontur, Steve (August 13, 2024). "Second Quarter 2024 Investor Update" (company investor publication). IntuitiveMachines.com. Retrieved March 2, 2025.
- ^ "Lunar Access Services". Intuitive Machines. Archived from the original on January 26, 2025. Retrieved March 3, 2025.
- ^ "Lunar Data Services". Intuitive Machines. Archived from the original on January 26, 2025. Retrieved March 3, 2025.
- ^ "Space Infrastructure". Intuitive Machines. Archived from the original on December 19, 2024. Retrieved March 3, 2025.
- ^ Warner, Cheryl; Cole, Steve; Knotts, Jenny, eds. (November 29, 2018). "NASA Announces New Partnerships for Commercial Lunar Payload Delivery Services" (Press release). NASA. 18-105. Archived from the original on November 25, 2020. Retrieved November 29, 2018. 👁 Public Domain
This article incorporates text from this source, which is in the public domain. - ^ "Intuitive Machines Headed To The Moon In 2021". Space Mining News. November 30, 2018. Archived from the original on June 2, 2019.
- ^ "NASA Selects First Commercial Moon Landing Services for Artemis Program - NASA". Retrieved March 3, 2025.
- ^ Brinkmann, Paul. "NASA chooses three companies to send landers to the moon". UPI. Archived from the original on January 22, 2020. Retrieved June 1, 2019.
- ^ Sriram, Akash. "Intuitive Machines slumps as moon lander likely has 10-20 hours of battery life left". Reuters. Retrieved September 24, 2024.
- ^ "NASA Names Five NASA Payloads Nova-C Will Carry To The Moon". Intuitive Machines. January 23, 2020. Retrieved March 3, 2025.
- ^ "Intuitive Machines 1 (Odysseus)". nssdc.gsfc.nasa.gov.
- ^ "Moon Mission - Omni-Heat Infinity". Columbia Sportswear. Retrieved March 3, 2025.
- ^ a b Hill, Samantha (March 7, 2025). "Intuitive Machines' IM-2 Moon lander is lying dead in a crater". Astronomy Magazine. Retrieved May 19, 2025.
- ^ Foust, Jeff (February 29, 2024). "Intuitive Machines and NASA call IM-1 lunar lander a success as mission winds down". SpaceNews. Retrieved May 19, 2025.
- ^ David, Leonard (September 12, 2024). "Ice-hunting Lunar Trailblazer and IM-2 nearly ready for January 2025 launch". SpaceNews. Retrieved September 12, 2024.
- ^ "Athena spacecraft lands on the Moon but on its side". BBC Newsround. March 7, 2025.
- ^ Georgina Rannard (March 7, 2025). "Intuitive Machines: spacecraft can't complete Moon mission". BBC News.
- ^ Berger, Eric (March 13, 2025). "Athena landed in a dark crater where the temperature was minus 280° F". Ars Technica. Retrieved March 13, 2025.
- ^ "How Intuitive Machines is planning to make its third moon landing a success". Aerospace America. July 22, 2025. Retrieved January 3, 2026.
- ^ "NASA Selects Intuitive Machines for New Lunar Science Delivery - NASA". Retrieved March 3, 2025.
- ^ a b "THIRD QUARTER 2024 INVESTOR UPDATE November 14, 2024". investors.intuitivemachines.com.
- ^ "Intuitive Machines Strengthens Lunar Service Capabilities with $116.9 million NASA Lunar Contract Award". investors.intuitivemachines.com. August 29, 2024.
- ^ https://www.thomasnet.com/insights/intuitive-machines-spacex-2027-moon-mission/
- ^ "European drill and mini lab secure ride to the Moon". www.esa.int.
- ^ Christian, Hunter (March 24, 2026). "Intuitive Machines Expands Lunar Surface Operations with $180.4 Million NASA CLPS Award". Intuitive Machines. Retrieved March 26, 2026.
- ^ "NASA Awards Intuitive Machines Near Space Network Contract with a Maximum Potential Value of $4.82 Billion". investors.intuitivemachines.com. September 17, 2024.
- ^ a b "The Near Space Network - NASA". June 17, 2025.
- ^ Robinson-Smith, Will (May 14, 2025). "Intuitive Machines' CEO points to issues that prevented upright touchdown during IM-2 Moon landing". Spaceflight Now.
- ^ Alamalhodaei, Aria (May 11, 2023). "Intuitive Machines prepares for first lunar mission, faces challenge to NASA contract win". TechCrunch. Retrieved October 23, 2024.
- ^ "Intuitive Machines Bolsters Orbital Services Business Line With $719 Million NASA Award". investors.intuitivemachines.com. April 18, 2023.
- ^ Carreau, Mark (April 20, 2023). "NASA Picks Intuitive Machines/KBR JV For Engineering Support Contract". Aviation Week. Archived from the original on February 15, 2024. Retrieved February 15, 2024.
- ^ "IM-1, Houston We Have a Podcast". NASA. February 9, 2024. Archived from the original on February 13, 2024. Retrieved February 9, 2024.
- ^ Karlin, Susan. "Intuitive Machines (IM) cofounder and CTO Tim Crain on Project Morpheus, developing a prototype lander capable of autonomous flight and fueled by an emerging liquid methane and liquid oxygen propellant dubbed, methalox". Fast Company. Retrieved October 23, 2024.
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