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Intuitive Machines

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Intuitive Machines, Inc.
Company typePublic
Nasdaq: LUNR
IndustryAerospace
Founded2013; 11 years ago (2013)
Founders
Headquarters
Houston, Texas
,
U.S.
Key people
Steve Altemus (president and CEO)
ProductsLunar lander, Mission Control Center, Ground stations, additive manufacturing
Number of employees
250+ (as of 27 October 2023) (135-150, in 2022)
Websitewww.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. 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.

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.

Intuitive Machines’ Lunar Payload Delivery Services (LPDS) program opens access to the Moon for the progress of humanity. NASA selected Intuitive Machines’ LPDS program for four lunar missions which sent the first American spacecraft to the surface of the Moon since the Apollo Program and the first spacecraft ever to reach the lunar south pole region.

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: Transportation and delivery of payloads (satellites, scientific instruments, cargo), including rideshare delivery and lunar surface access; collection, processing, and interpretation of space-based data, by applying command, control, communications, reconnaissance, and prospecting; and infrastructure on the lunar surface such as space assets to perform tasks and make decisions without human intervention. These functions may include navigation, maintenance, scientific data collection, and system health monitoring.

Nova-C

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Main article: Intuitive Machines Nova-C
Intuitive Machines’ Nova-C lunar lander.

In November 2018, IM was selected by NASA as one of nine companies to bid on the Commercial Lunar Payload Services program (CLPS).[1] Their lander, Nova-C, was NASA CLPS first mission of the program, focused on the exploration and use of natural resources of the Moon.[2]

On 31 May 2019, NASA announced it had awarded Intuitive Machines $77 million to build and launch their Nova-C Moon lander.[3][4][5]

On 13 April 2020, IM, under contract to carry NASA science instruments to the Moon on a robotic spacecraft, said that its first lunar mission would target a deep, narrow valley named Vallis Schröteri.

The mission objective was to place the Nova-C lander at crater Malapert A near the south pole of the Moon.

Missions

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IM-1

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Main article: IM-1

The company launched its first mission, with Nova-C spending seven days travelling to the Moon.

On February 22, 2024, Intuitive Machines landed its Nova-C class lander named Odysseus IM-1 spacecraft on the Moon making the first landing by the US in more than 50 years since Apollo 17 touched down in 1972.

The Intuitive Machines contract with NASA covered transportation and operations at the Moon for five NASA science instruments and several commercial payloads including Columbia Sportswear.

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 successful. 

IM-2

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Main article: IM-2

IM-2 is planned to launch in February of 2025.[6]

IM-2 has completed the propulsion system hot fire test, being the most complex integrated test of the lander thus far.

This mission is designed to validate water hunting infrastructure such as a drill and essential mobility services like our Micro-Nova hopper, which is designed to deploy off the lander and prospect by hopping across the lunar surface.

IM-3

The third lunar delivery mission is undergoing integrated vibration testing with an anticipated mission window through early 2026.

This launch opportunity is designed to deploy the first of five data relay satellites under the Near Space Network Services contract.

IM-4

The next two data relay satellites are intended to deliver on the fourth surface delivery mission.

NASA awarded Intuitive Machines that $116.9 million mission in September. Additional commercial payloads are anticipated to join that mission.

This south pole mission includes six NASA payloads in addition to a European Space Agency led drill suite to search for water ice.

NSNS

Intuitive Machines became the sole awardee for the Near Space Network Services contract in September 2024, which marked a transformative step in data transmission for in-space communications and navigation.

Intuitive Machines intends to leverage its already contracted surface delivery missions to deploy a constellation of lunar data relay satellites around the Moon. The lunar constellation is central to their strategy to commercialize the Moon by supporting commercial ventures and the Artemis campaign’s goal of sustained human lunar presence. This contract introduces a pay-by-the-minute service model, focused on scalable data transmission services through a software-as-a-service-like revenue model.

Joint venture with KBR

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In April 2023, Space Networks Solution,[7] 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.[8]

SPAC merger

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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.[9][10]

The stock of the newly named Intuitive Machines, Inc., began trading on the Nasdaq exchange on 14 February 2023.[11][12]

Project Morpheus heritage and evolution

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Main article: 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.[13][14]

References

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  1. ^ 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.
  2. ^ "Intuitive Machines Headed To The Moon In 2021". Space Mining News. November 30, 2018. Archived from the original on June 2, 2019.
  3. ^ 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.
  4. ^ Sriram, Akash. "Intuitive Machines slumps as moon lander likely has 10-20 hours of battery life left". Reuters. Retrieved September 24, 2024.
  5. ^ Stuckey, Alex. "Houston based company headed to the moon in 2021". Retrieved September 24, 2024.
  6. ^ David, Leonard (September 12, 2024). "Ice-hunting Lunar Trailblazer and IM-2 nearly ready for January 2025 launch". SpaceNews. Retrieved September 12, 2024.
  7. ^ Alamalhodaei, Aria (May 11, 2023). "Intuitive Machines prepares for first lunar mission, faces challenge to NASA contract win". TechCrunch. Retrieved October 23, 2024.
  8. ^ 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.
  9. ^ Sheetz, Michael (September 16, 2022). "Lunar tech company Intuitive Machines to go public via SPAC at close to $1 billion valuation". CNBC.
  10. ^ 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". WSJ. Retrieved October 23, 2024.
  11. ^ Foust, Jeff (February 13, 2023). "Intuitive Machines completes SPAC merger". SpaceNews. Archived from the original on February 23, 2024. Retrieved February 16, 2023.
  12. ^ 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.
  13. ^ "IM-1, Houston We Have a Podcast". NASA. February 9, 2024. Archived from the original on February 13, 2024. Retrieved February 9, 2024.
  14. ^ 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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