Intuitive Machines, Inc. was founded in 2013 and is based in Houston, Texas, USA. It is completing an ambitious lunar program to provide lunar surface access, lunar orbit delivery, and CisLunar communication.
Their business plan backed up by public and commercial funding is quite prolific and technologically advanced. By developing Landers, some which are capable of delivering Rovers of various sizes designed for exploration, Intuitive Machines is leading the way in building the CisLunar infrastructure to supplement lunar exploration.
A investment in Intuitive Machines shares is a grass-roots chance to be part of space exploration, but investors also need to understand the volatility of such a company.
NEWS
February 2023: Intuitive Machines Nova-C Odysseus Landed (on it’s side) and is no longer Operational
February 22nd, 2024: Intuitive Machines Nova-C “Odysseus” was the first privately developed spacecraft to land on the moon, and the first US spacecraft to do so in 52 years. It landed 1.5km from it’s target Malapert A in the South Pole region. It landed on it’s side.
February 27th, 2024: The Intuitive Machines Nova-C Mission may end earlier than expected due to an imperfect landing.
Impact on Stock Price: As you can see from the Intuitive Machines Share Price, it rallied pre-mission, and as news of the failed landing spread, the share price has retreated, although not to previous lows.
September 2024: The Intuitive Machines lunar lander has long been the focus for this space stock, and then in September 2024 Intuitive Machines received a new contract with NASA:
Deploy lunar relay satellites and provide communication and navigation services to aid NASA’s Artemis campaign.
Value is $4.82 billion, base period of five years, and an additional five-year option period.
Who knows what the Intuitive Machines 2025 share price will be!