Intuitive Machines
{{Short description|American aerospace company}}
{{Use American English|date=February 2024}}
{{Use mdy dates|date=February 2024}}
{{Infobox company
| name = Intuitive Machines, Inc.
| logo = Intuitive Machines light-on-dark.png
| image = Intuitive Machines Lunar Operations Facility at Houston Spaceport.jpg
| image_caption = Lunar Operations Facility at Houston Spaceport
| type = Public
| traded_as = {{NASDAQ|LUNR}}
| industry = Aerospace
| predecessor =
| successor =
| founded = {{start date and age|2013}}
| founders = {{unbulleted list|Steve Altemus|Kam Ghaffarian|Tim Crain}}
| defunct =
| hq_location_city = Houston, Texas
| hq_location_country = U.S.
| key_people = {{Unbulleted list |Kam Ghaffarian (chairman){{Cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001844452/000184445224000036/lunr-20231231.htm |title=2023 Annual Report (Form 10-K) |date=March 25, 2024 |publisher=U.S. Securities and Exchange Commission}}|Steve Altemus (president and CEO)}}
| products = Lunar lander, Mission Control Center, Ground stations, additive manufacturing
| owner =
| num_employees_year = 2024
| parent =
| website = {{URL|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, 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.{{citation needed lead|date = March 2025}} Intuitive Machines holds three NASA contracts under the space agency's Commercial Lunar Payload Services (CLPS) initiative, to deliver payloads to the lunar surface. Intuitive Machines is one of three companies selected by NASA to advance Lunar Terrain Vehicle (LTV) capabilities.{{citation needed lead|date = March 2025}}
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.{{cite web | author = Nasdaq Staff | date = 2 March 2025 | title = Intuitive Machines, Inc. Class A Common Stock (LUNR) | work = NASDAQ.com | url = https://www.nasdaq.com/market-activity/stocks/lunr | access-date = 2 March 2025}}
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, one of which landed the first American spacecraft to the surface of the Moon since the Apollo Program, and the first spacecraft to reach the lunar south pole region.{{citation needed lead|date = March 2025}}
History
{{expand section | with = a more complete outline of the company history, from founding through SPAC-merger and beyond, based in independent, third-part sources|small = no | date = March 2025}}
Intuitive Machines, Inc. was founded in 2013 by Stephen Altemus, Kam Ghaffarian, and Tim Crain,{{cite web | author = Tracxn Staff | date = February 28, 2025 | title = Intuitive Machines Founders and Board of Directors | work = Tracxn.com | url = https://tracxn.com/d/companies/intuitive-machines/__7rl-siWsv9tQE1txig2bCG6EN38CzielTk9Of6lM02o/founders-and-board-of-directors | access-date = 2 March 2025 | location = Bengaluru, India | publisher = Tracxn Technologies Limited | quote = Intuitive Machines has 3 founders. They are Stephen Altemus... Kam Ghaffarian... Tim Crain... }} to provide commercial and government exploration of the Moon.{{cn|date=March 2025}} It is incorporated in Delaware,{{Cite web |title=EDGAR Entity Landing Page |url=https://www.sec.gov/edgar/browse/?CIK=0001844452 |access-date=2025-03-13 |website=www.sec.gov}} and headquartered in Houston, Texas.
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,{{Cite press release | author = Intuitive Machines Staff | date = February 13, 2023 | title = 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' | work = BusinesWire.com | url = https://www.businesswire.com/news/home/20230212005021/en/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” | access-date = 2 March 2025}} For the same announcement at the IntuitiveMachines.com website, see [https://www.intuitivemachines.com/post/inflection-point-acquisition-corp-and-intuitive-machines-llc-announcement this link], access date as above.{{Cite news |last=Ramkumar |first=Amrith |title=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 |url=https://www.wsj.com/articles/space-exploration-startup-intuitive-machines-nears-1-billion-spac-merger-11663291537 |access-date=23 October 2024 |work=The Wall Street Journal}} and its stock began trading on the Nasdaq that day.
Company overview
{{Multiple issues|section=yes|{{third party|section|date = March 2025}}}}
Intuitive Machines provides infrastructure as a service and is the catalyst for growing a lunar economy by using three pillars of commercialization:{{cite web | author = Altemus, Steve | author2=Vontur, Steve | date = August 13, 2024 | title = Second Quarter 2024 Investor Update | work = IntuitiveMachines.com | format = company investor publication | url = https://investors.intuitivemachines.com/static-files/85125769-201e-4bdb-8221-e92846ae436e | access-date = 2 March 2025}} Transportation and delivery of payloads (satellites, scientific instruments, cargo), including rideshare delivery and lunar surface access;{{Cite web |title=Lunar Access Services |url=https://www.intuitivemachines.com/lunar-access-services |archive-url=https://web.archive.org/web/20250126101813/https://www.intuitivemachines.com/lunar-access-services |archive-date=January 26, 2025 |access-date=2025-03-03 |website=Intuitive Machines |language=en |url-status=live }} collection, processing, and interpretation of space-based data, through command, control, communications, reconnaissance, and prospecting;{{Cite web |title=Lunar Data Services |url=https://www.intuitivemachines.com/lunar-data-services |archive-url=https://web.archive.org/web/20250126113043/https://www.intuitivemachines.com/lunar-data-services |archive-date=January 26, 2025 |access-date=2025-03-03 |website=Intuitive Machines |language=en |url-status=live }} and infrastructure on the lunar surface, including space assets to perform tasks and make decisions without human intervention.{{Cite web |title=Space Infrastructure |url=https://www.intuitivemachines.com/space-infrastructure |archive-url=https://web.archive.org/web/20241219082453/https://www.intuitivemachines.com/space-infrastructure |archive-date=December 19, 2024 |access-date=2025-03-03 |website=Intuitive Machines |language=en |url-status=live }} These functions may include navigation, maintenance, scientific data collection, and system health monitoring.{{cn|date=March 2025}}
=Nova-C=
{{Main|Intuitive Machines Nova-C}}
File:Intuitive Machines’ Nova-C lunar lander (IM 00309).jpg
In November 2018, IM was selected by NASA as one of nine companies to bid on the Commercial Lunar Payload Services program (CLPS).{{Cite press release |editor-last=Warner |editor-first=Cheryl |editor2-last=Cole |editor2-first=Steve |editor3-last=Knotts |editor3-first=Jenny |date=November 29, 2018 |title=NASA Announces New Partnerships for Commercial Lunar Payload Delivery Services |url=https://www.nasa.gov/press-release/nasa-announces-new-partnerships-for-commercial-lunar-payload-delivery-services |url-status=live |archive-url=https://web.archive.org/web/20201125031037/http://www.nasa.gov/press-release/nasa-announces-new-partnerships-for-commercial-lunar-payload-delivery-services/ |archive-date=November 25, 2020 |access-date=November 29, 2018 |publisher=NASA |id=18-105 }} {{PD-notice}} Their lander, Nova-C, was NASA CLPS first mission of the program, focused on the exploration and use of natural resources of the Moon.{{cite news |url=http://www.spaceminingnews.com/2018/11/30/intuitive-machines-headed-to-the-moon-in-2021/ |title=Intuitive Machines Headed To The Moon In 2021 |archive-url=https://web.archive.org/web/20190602114824/http://www.spaceminingnews.com/2018/11/30/intuitive-machines-headed-to-the-moon-in-2021/|archive-date=2019-06-02 |url-status=usurped |work=Space Mining News |date=30 November 2018}}
On May 31, 2019, NASA announced it had awarded Intuitive Machines $77 million to build and launch their Nova-C Moon lander.{{Cite web |title=NASA Selects First Commercial Moon Landing Services for Artemis Program - NASA |url=https://www.nasa.gov/news-release/nasa-selects-first-commercial-moon-landing-services-for-artemis-program/ |access-date=2025-03-03 |language=en-US}}{{Cite news |last=Brinkmann |first=Paul |title=NASA chooses three companies to send landers to the moon |url=https://www.upi.com/Top_News/US/2019/05/31/NASA-chooses-three-companies-to-send-landers-to-the-moon/8021559322020/ |url-status=live |archive-url=https://web.archive.org/web/20200122214333/https://www.upi.com/Top_News/US/2019/05/31/NASA-chooses-three-companies-to-send-landers-to-the-moon/8021559322020/ |archive-date=January 22, 2020 |access-date=June 1, 2019 |publisher=UPI }}{{cite news |last1=Sriram |first1=Akash |title=Intuitive Machines slumps as moon lander likely has 10-20 hours of battery life left |url=https://www.reuters.com/technology/space/intuitive-machines-shares-tumble-moon-mission-nears-premature-end-2024-02-27/ |access-date=24 September 2024 |publisher=Reuters}}{{cite news |last1=Stuckey |first1=Alex | date = October 20, 2019 | title=Houston Based Company Headed to the Moon in 2021 | newspaper = HoustonChronicle.com | url=https://www.houstonchronicle.com/news/houston-texas/houston/article/Houston-based-company-headed-to-the-moon-in-2021-14542169.php |access-date=24 September 2024}}
On April 13, 2020, IM, under contract to carry NASA science instruments to the Moon on a robotic spacecraft,{{Cite web |date=2020-01-23 |title=NASA Names Five NASA Payloads Nova-C Will Carry To The Moon |url=https://www.intuitivemachines.com/post/nasa-names-five-nasa-payloads-nova-c-will-carry-to-the-moon |access-date=2025-03-03 |website=Intuitive Machines |language=en}} said that its first lunar mission would target a deep, narrow valley named Vallis Schröteri.{{cn|date=March 2025}} The mission objective was to place the Nova-C lander at crater Malapert A, near the south pole of the Moon.{{Cite web |title=Intuitive Machines 1 (Odysseus) |url=https://nssdc.gsfc.nasa.gov/nmc/spacecraft/display.action?id=IM-1-NOVA#:~:text=The%20Intuitive%20Machines%201%20(IM,NASA%20payloads%20and%20commercial%20cargo |website=nssdc.gsfc.nasa.gov}}
=Missions=
{{Refimprove section|date = March 2025}}
==IM-1==
{{Main|IM-1}}
An Intuitive Machines contract with NASA{{what|date=March 2025}} covered transportation to and operations on the Moon, for five NASA science instruments and several commercial payloads (including Columbia Sportswear{{Cite web |title=Moon Mission - Omni-Heat Infinity |url=https://www.columbia.com/omni-heat-infinity/moon-mission/?srsltid=AfmBOor3Ai60I7aVvTTuWJXU5NpeCSYe2_XgnE0mfavfER44OdTg1i5E |access-date=2025-03-03 |website=Columbia Sportswear |language=en}}).{{cn|date=March 2025}} 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|date=March 2025}}{{cn|date=March 2025}} On February 22, 2024, Intuitive Machines landed Odysseus, its lander from the IM-1 spacecraft, on the Moon, the first U.S. landing in the more than 50 years since Apollo 17 touched down (in 1972).{{cn|date=March 2025}}
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.{{cn|date=March 2025}}
==IM-2==
{{Main|IM-2}}
IM-2 Athena was launched on February 27, 2025,{{Cite web |last=David |first=Leonard |date=12 September 2024 |title=Ice-hunting Lunar Trailblazer and IM-2 nearly ready for January 2025 launch |url=https://spacenews.com/ice-hunting-lunar-trailblazer-im2-nearly-ready-january-2025-launch/ |access-date=12 September 2024 |website=SpaceNews}} carrying Micro-Nova Gracie and other rovers and payloads.{{cn|date=March 2025}} 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{{what|date=March 2025}} across the lunar surface.{{cn|date=March 2025}} IM-2 Athena has completed its propulsion system's hot fire test, the most complex integrated test of the lander thus far.{{cn|date=March 2025}}
The Athena lander achieved soft landing on March 6, 2025, but landed on its side, precluding recharging and deployment of payloads.{{cite news |title=Athena spacecraft lands on the Moon but on its side |url=https://www.bbc.co.uk/newsround/articles/cy4vrl7kzy2o |work=BBC Newsround |date=7 March 2025}} Operations concluded March 7, 2025.{{cite news |author=Georgina Rannard|title=Intuitive Machines: spacecraft can't complete Moon mission |url=https://www.bbc.com/news/articles/crew5z55ygjo |publisher=BBC News |date=7 March 2025}} On March 13, Intuitive Machines shared that, like on the IM-1 mission, the Athena
==IM-3==
The third lunar delivery mission is undergoing integrated vibration testing with an anticipated mission window in early 2026.{{Cite web |title=NASA Selects Intuitive Machines for New Lunar Science Delivery - NASA |url=https://www.nasa.gov/news-release/nasa-selects-intuitive-machines-for-new-lunar-science-delivery/ |access-date=2025-03-03 |language=en-US}}{{Cite web |title=THIRD QUARTER 2024 INVESTOR UPDATE November 14, 2024 |url=https://investors.intuitivemachines.com/static-files/db20e001-b8fd-42bc-ad07-1b33ecaecae7 |website=investors.intuitivemachines.com}}{{third party inline|date = March 2025}} This planned mission is designed to deploy the first of five data relay satellites under a Near Space Network Services contract.{{third party inline|date = March 2025}}
==IM-4==
The fourth surface delivery mission intends to deliver the next two data relay satellites.{{Cite web |date=2024-08-29 |title=Intuitive Machines Strengthens Lunar Service Capabilities with $116.9 million NASA Lunar Contract Award |url=https://investors.intuitivemachines.com/news-releases/news-release-details/intuitive-machines-strengthens-lunar-service-capabilities-1169 |website=investors.intuitivemachines.com}}{{third party inline|date = March 2025}} NASA awarded Intuitive Machines that $116.9 million mission contract in September.{{when|date=March 2025}}{{cn|date=March 2025}} Additional commercial payloads are anticipated to join that mission.{{cn|date=March 2025}} This south pole mission includes six NASA payloads in addition to a European Space Agency led drill suite to search for water ice.{{cn|date=March 2025}}
==NSNS==
Intuitive Machines became the sole awardee for the Near Space Network Services (NSNS) contract in September 2024, which is a step toward data transmission for in-space communications and navigation.{{Cite web |date=2024-09-17 |title=NASA Awards Intuitive Machines Near Space Network Contract with a Maximum Potential Value of $4.82 Billion |url=https://investors.intuitivemachines.com/news-releases/news-release-details/nasa-awards-intuitive-machines-near-space-network-contract |website=investors.intuitivemachines.com}}{{third party inline|date = March 2025}} The company intends to leverage its contracted surface delivery missions to deploy a constellation of lunar data relay satellites around the Moon.{{cn|date=March 2025}} This is central to their strategy of supporting commercial ventures and the Artemis campaign's goal of sustained human lunar presence, as a part of the broader aim of commercializing the Moon.{{cn|date=March 2025}} The NSNS contract introduces a pay-by-the-minute service model, focused on scalable data transmission services through a SaaS-type revenue model.{{cn|date=March 2025}}
Joint venture with KBR
In April 2023, Space Networks Solution,{{cite news |last1=Alamalhodaei |first1=Aria |title=Intuitive Machines prepares for first lunar mission, faces challenge to NASA contract win |url=https://techcrunch.com/2023/05/11/intuitive-machines-prepares-for-first-lunar-mission-faces-challenge-to-nasa-contract-win/ |access-date=23 October 2024 |work=TechCrunch |date=11 May 2023}} 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.{{Cite web |date=2023-04-18 |title=Intuitive Machines Bolsters Orbital Services Business Line With $719 Million NASA Award |url=https://investors.intuitivemachines.com/news-releases/news-release-details/intuitive-machines-bolsters-orbital-services-business-line-719 |website=investors.intuitivemachines.com}}{{cite web |url=https://aviationweek.com/defense-space/space/nasa-picks-intuitive-machineskbr-jv-engineering-support-contract |title=NASA Picks Intuitive Machines/KBR JV For Engineering Support Contract |first=Mark |last=Carreau |date=20 April 2023 |publisher=Aviation Week |access-date=February 15, 2024 |archive-date=February 15, 2024 |archive-url=https://web.archive.org/web/20240215092312/https://aviationweek.com/defense-space/space/nasa-picks-intuitive-machineskbr-jv-engineering-support-contract |url-status=live }}
SPAC merger
In September 2022, Intuitive Machines announced that it would merge into special-purpose acquisition company (SPAC) Inflection Point Acquisition Corp. (IPAX) and [https://www.intuitivemachines.com/post/inflection-point-acquisition-corp-and-intuitive-machines-llc-announcement 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.{{cite news |last1=Sheetz |first1=Michael |title=Lunar tech company Intuitive Machines to go public via SPAC at close to $1 billion valuation |url=https://www.cnbc.com/2022/09/16/intuitive-machines-going-public-via-spac-near-1-billion-valuation.html |publisher=CNBC |date=16 September 2022 |language=en}}
The stock of the newly named Intuitive Machines, Inc., began trading on the Nasdaq exchange on February 14, 2023.{{cite news |last1=Foust |first1=Jeff |title=Intuitive Machines completes SPAC merger |url=https://spacenews.com/intuitive-machines-completes-spac-merger/ |access-date=16 February 2023 |work=SpaceNews |date=13 February 2023 |archive-date=February 23, 2024 |archive-url=https://web.archive.org/web/20240223211550/https://spacenews.com/intuitive-machines-completes-spac-merger/ |url-status=live }}{{cite news |last1=Cooper |first1=Naomi |title=Intuitive Machines Completes SPAC Merger, Aims to Gain Foothold in Space Exploration Market |url=https://www.govconwire.com/2023/02/intuitive-machines-completes-merger-with-inflection-point-acquisition-corp/ |access-date=16 February 2023 |work=GovConWire |date=14 February 2023 |archive-date=February 16, 2023 |archive-url=https://web.archive.org/web/20230216234912/https://www.govconwire.com/2023/02/intuitive-machines-completes-merger-with-inflection-point-acquisition-corp/ |url-status=live }}
Project Morpheus heritage and evolution
{{Main |Project Morpheus}}
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.{{cite web |url=https://www.nasa.gov/podcasts/houston-we-have-a-podcast/im-1/ |title=IM-1, Houston We Have a Podcast |publisher=NASA |date=9 Feb 2024 |access-date=February 9, 2024 |archive-date=February 13, 2024 |archive-url=https://web.archive.org/web/20240213032549/https://www.nasa.gov/podcasts/houston-we-have-a-podcast/im-1/ |url-status=live }}{{cite news |last1=Karlin |first1=Susan |title=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. |url=https://www.fastcompany.com/91027604/intuitive-machines-how-this-houston-start-up-is-making-space-history |access-date=23 October 2024 |work=Fast Company}}
See also
- {{Portal inline|Spaceflight}}
References
{{Reflist}}
External links
- {{Official website|https://www.intuitivemachines.com}}
Category:2013 establishments in Texas
Category:Aerospace companies of the United States
Category:American companies established in 2013
Category:Companies listed on the Nasdaq
Category:Manufacturing companies based in Houston
Category:Publicly traded companies of the United States
Category:Spacecraft manufacturers
Category:Special-purpose acquisition companies