Intuitive Machines Inc Stock Price, News & Analysis

Intuitive Machines (NASDAQ: LUNR), a space exploration and services company, has announced plans to offer $250.0 million in convertible senior notes due 2030 through a private offering to qualified institutional buyers. The company will grant initial purchasers an option for an additional $37.5 million in notes.

The notes will be convertible into cash, Class A common stock, or a combination thereof, with interest payable semiannually starting April 1, 2026. To manage potential dilution, Intuitive Machines plans to enter into capped call transactions. The proceeds will be used for general corporate purposes, including operations, R&D, and potential acquisitions.

Intuitive Machines (NASDAQ:LUNR), a space technology company, reported its Q2 2025 financial results with revenue of $50.3 million, up 21% year-over-year. The company announced plans to acquire KinetX, a space navigation software company, and expanded its Houston Spaceport footprint by 140,000 square feet.

Key developments include bringing satellite manufacturing in-house, securing a $9.8 million national security contract, and receiving a $10 million Texas Space Commission award. The company maintains a strong financial position with $345 million in cash and zero debt. Full-year 2025 revenue is expected near the low end of previous guidance, with a target of $275 million, and positive adjusted EBITDA anticipated in 2026.

Intuitive Machines (Nasdaq: LUNR) has signed a definitive agreement to acquire KinetX, a private aerospace company specializing in deep space navigation and systems engineering. The acquisition, expected to close by end of 2025, positions Intuitive Machines as a comprehensive provider of space infrastructure services.

KinetX, the only commercial company NASA-certified for deep space navigation, brings over 30 years of experience and has already supported both of Intuitive Machines' lunar missions. The integration will enhance Intuitive Machines' Data Transmission Services segment, enabling expanded capabilities in constellation management and Moon-to-Mars operations.

The strategic acquisition aims to strengthen Intuitive Machines' position in emerging opportunities including NASA's Near Space Network Services, potential Tracking and Data Relay Satellite System replacement, Mars data relay missions, and commercial deep space operations.

Intuitive Machines (NASDAQ:LUNR) has secured a $9.8 million Phase Two government contract to advance its Orbital Transfer Vehicle (OTV) through Critical Design Review. The contract represents a significant milestone before manufacturing begins and demonstrates the company's expansion beyond lunar surface delivery.

The OTV, built on the Nova-C lander architecture, will have a payload capacity of approximately 2,100 kilograms and is designed for transferring spacecraft and mission hardware across various orbital destinations. The vehicle leverages technology validated in two lunar missions and is expected to begin manufacturing and flight integration by 2026.

Intuitive Machines (Nasdaq: LUNR) has scheduled its second quarter 2025 financial results announcement for Thursday, August 7, 2025, before market opening. The company will host a conference call at 8:30 am ET on the same day to discuss the results.

Investors can participate by dialing (800) 715-9871 (USA & Canada) or (646) 307-1963 (International) with Conference ID 2175878. A webcast replay will be available on the company's investor relations website, where the earnings release can also be accessed before the call.

Intuitive Machines (LUNR) reported strong Q1 2025 financial results, with revenue reaching $62.5 million, up 14% from Q4. The company achieved a gross margin of 11% ($6.7 million) and generated positive free cash flow of $13.3 million. Key operational highlights include completing the Lunar Terrain Vehicle Services preliminary design review, landing their second lunar mission at the Moon's south pole, and executing NASA contract milestones worth $27 million. The company secured a $10 million grant from Texas Space Commission and maintains a strong cash position of $373.3 million. Looking ahead, Intuitive Machines projects full-year 2025 revenue of $250-300 million and expects to achieve positive run-rate adjusted EBITDA by year-end, with positive adjusted EBITDA in 2026.

Intuitive Machines (Nasdaq: LUNR) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 13, 2025, before market opening. The company will host a conference call at 8:30 am ET on the same day to discuss the quarterly performance.

Interested participants can join the call by registering through the provided link, after which they will receive dial-in details and a PIN number. For those unable to attend live, a webcast replay will be available on the Intuitive Machines investor relations website.

The earnings release will be accessible on the company's investor relations portal at https://investors.intuitivemachines.com/ prior to the conference call on May 13, 2025.

Intuitive Machines has secured a grant up to $10 million from the Texas Space Commission's Space Exploration and Research Fund (SEARF) to develop an Earth reentry vehicle and orbital fabrication lab. The project focuses on enabling microgravity biomanufacturing and will serve as a risk-reduction platform for future lunar sample return missions.

The company has partnered with Rhodium Scientific, a leader in space biomanufacturing, to develop technical approaches for payload integration in both lunar and low Earth orbit missions. Rhodium brings expertise through their Variable Gravity Centrifuge, which has tested over 600 biological samples on the International Space Station.

The 12-month SEARF phase one effort will advance spacecraft development through Critical Design Review and create a full-scale ground prototype. This collaboration aims to create high-tech jobs, expand Texas' leadership in space commercialization, and establish new industries. Intuitive Machines, which successfully landed on the Moon in 2024 and returned in 2025, operates through four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure.

Intuitive Machines (Nasdaq: LUNR) has chosen SpaceX's Falcon 9 rocket to launch its fourth lunar mission (IM-4) from Florida. The mission will include two lunar data relay satellites supporting NASA's Near Space Network Services (NSNS) contract.

The company plans to deploy a total of five lunar data relay satellites, with the first launching on their third mission to introduce a pay-by-the-minute service. The IM-4 mission, scheduled for 2027, will carry six NASA Commercial Lunar Payload Services (CLPS) payloads, including a European Space Agency-led drill suite for water detection at the lunar south pole.

NASA has awarded Intuitive Machines multiple task orders under the NSNS contract to provide Direct-to-Earth services and a lunar data relay constellation supporting the Artemis campaign.