Welcome to our dedicated page for Intuitive Machines news (Ticker: LUNR), a resource for investors and traders seeking the latest updates and insights on Intuitive Machines stock.
Intuitive Machines Inc (LUNR) delivers pioneering lunar access and space infrastructure solutions through its advanced engineering capabilities. This page provides investors and industry professionals with verified updates on the company’s mission-critical activities, including contract awards, technological milestones, and operational achievements.
Access real-time announcements covering lunar mission developments, NASA partnership updates, and advancements in cislunar data communications. Our curated news collection ensures you stay informed about LUNR’s progress in autonomous space systems, orbital logistics, and infrastructure projects that support sustainable space exploration.
Key updates across four focus areas: lunar lander deployments, government contract awards, space data network expansions, and strategic technology initiatives. All content is sourced directly from official releases to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to Intuitive Machines’ latest developments in one centralized location. Check back regularly for updates that impact the company’s position in the evolving space exploration sector.
Intuitive Machines (Nasdaq: LUNR, LUNRW) has been named to TIME’s list of the 100 Most Influential Companies for 2024. This recognition follows their successful moon mission on February 22, 2024, marking the first U.S. lunar landing in over 50 years. Intuitive Machines delivered both commercial and NASA payloads to the Moon's far south, achieving a milestone in space exploration. CEO Steve Altemus highlighted the company's role in making lunar access more affordable and technologically advanced. The TIME100 list features companies evaluated for impact, innovation, ambition, and success.
Intuitive Machines (Nasdaq: LUNR) reported record revenues of $73.1 million for Q1 2024, a 300% increase year-over-year. The company achieved significant milestones, including a historic lunar landing on February 22, 2024, and received $30 million for NASA's Lunar Terrain Vehicle contract. Positive gross margin momentum was sustained with $12.2 million driven by IM-1 mission success. Operating loss decreased to $5.4 million from $14 million last year, and the cash balance ended at $55.2 million. The company projects 2024 revenue between $200-240 million, bolstered by a backlog of $222.4 million as of Q1's end.
Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) announced the release of its first quarter 2024 financial results on May 14, 2024, followed by a conference call to discuss the results. Participants can access the call via phone or webcast.
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